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Is NFLX building bearish momentum? 200 Day Moving Average Resistance shows up after gaining 2.74%
On Friday, October 31st, NFLX moved up 2.74% while volume increased to 1.9× the usual levels. The session formed a 200 DMA Resistance, often signaling a possible continuation. Key support levels exist at 1102.27, 1085.67 & 1069.37, with resistance at 1135.17, 1151.47 & 1168.07. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of NFLX: F
More technical signals and insights for NFLX → Visit SwingTradeBot.com
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