VolumeSpreadAnalysis
Oct 14, 11:46 PM
$NFLX
Price:
$70.57
Volume: Above average
Catalyst: Reports of a potential password-sharing crackdown update and subscriber growth optimism ahead of earnings are fueling the move.
Resistance:
$73.50
Support:
$68.20
Bull case: A clean break above
$73.50 on strong volume could open the door to a retest of recent highs.
Bear case: Rejection at resistance with fading volume could send price back down to test the
$68.20 support zone.
What I'm watching: Volume follow-through and whether price can hold above
$70 on any pullback.
Note: I’m not a financial advisor or a market predictor, and I don’t offer any premium subscriptions or paid services. Feel free to check out the link in my bio: @VolumeSpreadAnalysis
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