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Watch These Netflix Price Levels After Q3 Earnings Drive Stock Higher
NFLXNetflix(NFLX) Investopedia·2024-10-18 03:05

Key TakeawaysNetflix shares jumped 5% in extended trading on Thursday after the streaming giant topped Wall Street’s third quarter estimates and issued a strong revenue outlook.The stock has traded in a rising wedge since late June, with the price recently retracing to the pattern’s lower trendline and 50-day moving average ahead of the company's quarterly results.Investors should monitor key overhead levels on the Netflix chart around 735and735 and 860, while also watching key support areas near 688and688 and 635. ...