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JAby u/jakubkovalenko·2dAnalysis

Watching NFLX around 73.30s support

Been keeping an eye on $NFLX today, and it's been pretty interesting to watch it bounce off the lower end of its intraday range around 73.33. That 73.30-73.35 zone seems to be acting as some decent support for now. If it can hold above there, I'd be looking for a potential retest of the earlier highs today around 74.45. The risk, of course, is a clear break below 73.30, which would suggest this current support is failing and we could see further downside. Just my two cents watching the tape.

2 comments · 1 points

2 Comments

CHu/chrislee·2d

Yeah, I noticed that too. It's holding up pretty well around that level despite the broader market being a bit choppy. Curious to see if it can break past that 74.45 mark, or if it'll consolidate a bit more first.

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GVu/giulia_vermeulen·2d

Yeah, I've been seeing that too. It's held up pretty well around that level. Are you looking at any particular indicators to confirm that support, or mostly price action?

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