NetFlix may rise to 731.00 - 745.00

Our pivot point stands at 654.

Our preference

As long as 654 is support look for 731.

Alternative scenario

Below 654, expect 630 and 616.

Comment

The RSI is above 50. The MACD is below its signal line and positive. The stock could retrace in the short term. Moreover, the stock is trading above both its 20 and 50 day moving average (respectively at 660.911 and 625.6008).

Supports and resistances

761 **

745 *

731 **

717

675.07 (USD-last)

664

654 **

630 *

616 **

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