Netflix (NFLX)
By:TradingView
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Netflix is currently going through a corrective phase after a strong multi-month run. Price action suggests the stock is digesting gains while holding key demand zones. As long as the broader market remains stable, this pullback could offer a solid risk–reward opportunity for swing traders.
From a technical perspective, the $80 and $74 levels align with previous support and high-volume areas, where buyers may step in again. A successful bounce from these zones could open the door for a continuation move toward higher resistance levels.
📥 Entry zones:
• $ market price
• $80
• $74
📤 Take profit targets:
• $95
• $106
• $125
From a technical perspective, the $80 and $74 levels align with previous support and high-volume areas, where buyers may step in again. A successful bounce from these zones could open the door for a continuation move toward higher resistance levels.
📥 Entry zones:
• $ market price
• $80
• $74
📤 Take profit targets:
• $95
• $106
• $125
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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