The shares of Netflix Inc (NFLX) have hit the price of 600 dollars per share and are striving to gain a foothold above it. The following two weeks will show whether it will manage to do this. If yes, then there is a likelihood that the price will reach $700 per share. This scenario rests on the common opinion that the price moves on a distance equal to the range it crossed. This channel gained shape in May 2020, and its width was precisely 10 000 points.
This content is for informational purposes only and is not intended to be investing advice.
