Support / Resistance 📈📉:
Support: $64.10–$65.10 (52-week low demand floor), $61.50
Resistance: $70.00–$71.50, $75.30, $80.00
Outlook 📝:
NFLX is currently testing critical multi-month demand near its 52-week support baseline around $64.10–$65.10.
If buyers hold and defend this $65.00 zone, expect a relief rally targeting primary resistance at $70.00–$71.50. A high-volume breakout past $71.50 clears room for a broader short-covering move toward secondary targets at $75.30 and $80.00.
However, if selling pressure breaks below $64.10, watch for a liquidity drop toward secondary structural support around $61.50. Holding above $64.00 is essential to prevent deeper short-term downside.
Target & Strategy 🎯:
Position: Added 8 shares of NFLX at $66.69 for the long-term portfolio.
Investment Horizon: Multi-year buy-and-hold; accumulating core growth position at 52-week value support.
just another day of DCA entry into major structural demand. 📉➡️📈
Are you accumulating NFLX at these levels or waiting for a confirmed trend reversal above $71.50? Let me know in the comments! 💬
Trade safe, Tiger friends! [Allin]
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