Netflix is neutral on its 1D technical outlook (RSI = 52.399, MACD = -10.400, ADX = 30.636) and is rebounding on the 1D MA100. This is another HL on the 20 month Channel Up, which should be enough to give the stock a push to a new HH. The Channel Up is on its 3rd main bullish wave and both prior saw a +121.52% price increase. We expect the 3rd one to be completed by July. The trade is long, TP = 1,200.
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