Netflix has recorded a new ATH.
Netflix (NFLX) has been a powerhouse, reaching new all-time highs. After hitting an ATH of around $700 on November 15, 2021, the stock experienced a significant decline, bottoming out at approximately $162 on May 11, 2022.
However, it has since rallied impressively, culminating in a fresh all-time high of around $710 today.
For those who entered the market during the downturn, this has been a remarkable opportunity. Congratulations are certainly in order.
Looking ahead, the $697 zone appears to be a strong resistance level, while $679 is likely to act as support.
Netflix (NFLX) has been a powerhouse, reaching new all-time highs. After hitting an ATH of around $700 on November 15, 2021, the stock experienced a significant decline, bottoming out at approximately $162 on May 11, 2022.
However, it has since rallied impressively, culminating in a fresh all-time high of around $710 today.
For those who entered the market during the downturn, this has been a remarkable opportunity. Congratulations are certainly in order.
Looking ahead, the $697 zone appears to be a strong resistance level, while $679 is likely to act as support.
Trade active
You should be in profit if you sold this stock
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.