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Netflix (NFLX): Upward Trend Expect to Continue

 

Netflix (NFLX)
Upward Trend Expect to Continue

Technically, Netflix is in a uptrend, with potential for further gains. The breakout above $711.33, coupled with steady price action, points to possible upside targets at $761.33 and $811.32. However, falling below $686 (cut loss level) would falsify the technical view. 

The move is support by stronger US and European economic data released recently, pointing to a more resilient consumer market.

Disclaimers apply.


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