NetFlix may rise to 737.00 - 750.00

Our pivot point stands at 660.

Our preference

As long as 660 is support look for 737.

Alternative scenario

Below 660, expect 639 and 626.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The stock could retrace in the short term. Moreover, the stock is trading above both its 20 and 50 day moving average (respectively at 669.354 and 634.165).

Supports and resistances

764 **

750 *

737 **

724

690.65 (USD-last)

668

660 **

639 *

626 **

Number of asterisks represents the strength of support and resistance levels.