Netflix, Inc.

NFLX held major support line now running into resistance

NFLX held its major support area 96 to 97 after earnings and is now running into resistance. It was also the held the 50 day MVA. 110 - 115 will be the next resistance zone and also a good area for a quick fade. The stock also survived a 61.8% retracement on the fib, so its still relatively strong.

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