Watch These Netflix Stock Price Levels After Paul vs. Tyson Streaming Glitches
Key Takeaways
- Netflix shares could be on watchlists Monday after the streaming giant experienced technical glitches as a record 60 million households tuned into its Friday night broadcast of a highly anticipated fight between Jake Paul and Mike Tyson
- The relative strength index turned downward on Friday, signaling slowing bullish price momentum, potentially opening the door for near-term profit taking.
- A bars pattern, which takes the stock’s trending period from January to April and repositions it from the breakout of an ascending triangle last month, forecasts an upside target of around $870.
- Investors should watch major support levels on Netflix’s chart around $770, $725, and $690.
Netflix (NFLX) shares could be on watchlists Monday…
