Watch These Netflix Stock Price Levels Ahead of Earnings Report This Week
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Netflix shares moved higher to start the week as the streaming giant gets set to report earnings after Thursday’s close.
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The stock found buying interest near the lower trendline of a descending channel last week, potentially setting the stage for a post-earnings continuation rally.
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Investors should monitor vital support levels on Netflix’s chart around $821 and $765, while also watching important resistance levels near $1,000 and $1,065.
Netflix (NFLX) shares moved higher to start the week as the streaming giant gets set to report earnings after Thursday’s close.
Despite concerns that a tariff-induced recession could slow advertising spending and see consumers reign in discretionary…