NetFlix may rise to 756.00 - 771.00

680 is our pivot point.

Our preference

As long as 680 is support look for 756.

Alternative scenario

Below 680, expect 654 and 638.

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 above its 20 and 50 day moving average (respectively at 699.031 and 673.7362).

Supports and resistances

787 **

771 *

756 **

740

706.8 (USD-last)

690

680 **

654 *

638 **

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