Commodities: CHART NetFlix ST: target 135.6


 
   (TRADING Central) PARIS -- Click here to see our chart: 
 

https://charts.tradingcentral.com/charts/nflxusd170408001541.gif

Our pivot point stands at 147.1.

Our preference:target 135.6.

Alternative scenario: the upside breakout of 147.1 would call for 151.1 and 153.4.

Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the stock is below its 20 day MA (144.53) but above its 50 day MA (142.98). NetFlix is currently trading near its 52 week high reached at 148.29 on 30/03/17.

Supports and resistances:

153.4 **

151.1 *

147.1 **

145.5

143.11 last

138

135.6 **

133.3 *

130.9 **

Copyright 1999 – 2017 TRADING CENTRAL

(c) TRADING Central 08-04-17