Watch These Netflix Price Levels After Q3 Earnings Drive Stock Higher
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 860, while also watching key support areas near 635. ...