Support / Resistance 📈📉:
Support: $66.50–$67.00, $65.10 (52-week low)
Resistance: $70.00–$71.50, $75.30, $80.00
Outlook 📝:
NFLX is currently searching for a floor near its 52-week support zone around $66.50–$67.00.
If buyers defend this $66.50 baseline, expect a relief bounce towards the immediate resistance zone at $70.00–$71.50. A high-volume push above $71.50 could trigger short-covering toward secondary targets at $75.30 and $80.00.
However, if selling pressure breaks below $66.50, keep a close eye on the critical key floor at $65.10 (52-week low). Holding above this major demand structural zone is essential for preventing further downside risk.
Target & Strategy 🎯:
Position: Added 8 shares of NFLX at $66.69 for the long-term portfolio.
Investment Horizon: Multi-year buy-and-hold; DCA entry near 52-week support.
Invest safe, Tiger friends! [666]
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