Categories: Technical analysis

Netflix Wave Analysis – 25 March 2025

Netflix: ⬆️ Buy

– Netflix broke resistance zone

– Likely to rise to resistance level 1050.00

Netflix recently broke the resistance zone located between the resistance level 960,00 (former support from February), resistance trendline of the daily down channel from February and the 50% Fibonacci correction of the downward wave 2 from last month.

The breakout of this resistance zone accelerated the active intermediate impulse wave (3).

Given the clear daily uptrend, Netflix can be expected to rise to the next resistance level 1050.00, target price for the completion of the active impulse wave (3).

The FxPro Tech Analysis Team

The FxPro technical experts prepare a daily analysis of the most active currency pairs (majors, crosses, exotics) and commodities. Selected instruments are reviewed on daily trends (D1, H4), using the active Elliott Wave setups, Japanese candlesticks, indicators, and support/resistance levels.

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Tags: Netflix

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