Netflix : ⬆️ Buy
– Netflix broke key resistance level 1063.40
– Likely to rise to resistance level 1150.00
Netflix recently broke the key resistance level 1063.40 (former multi-month high from February, which stopped the B-wave of the previous ABC correction (B)).
The price just broke the resistance trendline of the weekly up channel from October – which should accelerate the active impulse waves 3 and (5).
Given the clear daily uptrend, Netflix can be expected to rise toward the next resistance level 1150.00, target price for the completion of the active impulse wave 3.
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