Category: Submitted Articles
- Published: 16 August 2016
- Written by Jenny Rebekka
Netflix, Inc. (NASDAQ:NFLX) is attempting to break out to the upside. Should the stock price break the trend line shown in the chart below, a quick move to the upside will likely result in a 12.5% jump in NFLX shares. Should the breakout occur, NFLX has easy upside to the gap fill on the daily chart at $108. The current price on Netflix is 95.31. A breakout would occur if the price closes on the daily chart aboce $96.00. Keep it on your watch list.
- - -
Jenny Rebekka
Pro Trader