Today’s instrument is the Netflix Inc.‘s stock traded in Nasdaq exchange under the ticker NFLX.

Looking at the NFLX’ chart, we can see that after an upward price movement, it was lastly traded at around $441.90.

In two days, on the 19th of July, it is announcing its quarterly earnings, and if the market’s anticipation is positive then today, we could expect it to test its 52W high at $456.48. On the other hand, it should test its support level at around $415.

Chart

Share: Feed news

Trading is risky. Information presented herein is not to be construed as a solicitation or an offer to buy or sell any Financial Instrument or to participate in any trading strategy. We also offer CFD products. 72.13% of retail CFD accounts lose money. CFDs trading is risky and your entire capital might be at risk. Information presented herein is not to be construed as a solicitation or an offer to buy or sell any Financial Instrument or to participate in any trading strategy.

Recommended content


Recommended content

Editors’ Picks

EUR/USD recovers toward 1.0850 ahead of US data

EUR/USD recovers toward 1.0850 ahead of US data

EUR/USD regained its traction and recovered to the 1.0850 area after falling toward 1.0800 earlier in the day. The upbeat PMI data from Germany and the EU support the Euro on Thursday as market focus shifts to macroeconomic data releases from the US. 

EUR/USD News

GBP/USD clings to small gains above 1.2700

GBP/USD clings to small gains above 1.2700

GBP/USD is clinging to recovery gains above 1.2700 in European trading on Thursday. The PMI data from the UK showed that Composite PMI edged lower to 52.8 in May (preliminary) from 54.1 in April, limiting Pound Sterling's gains ahead of key data releases from the US.

GBP/USD News

Gold stays in negative territory below $2,370

Gold stays in negative territory below $2,370

Gold struggles to stage a rebound and trades in negative territory below $2,370 following Wednesday's sharp decline. The benchmark 10-year US Treasury bond yield holds steady above 4.4% and makes it difficult for XAU/USD to stretch higher ahead of US data.

Gold News

As Ethereum spot ETF approval nears, these altcoins could explode

As Ethereum spot ETF approval nears, these altcoins could explode

It is not surprising that altcoins related to Bitcoin saw a major rally post-Bitcoin spot ETF approval. Likewise, tokens closely related to Ether could ride the ETF approval wave. Ethereum Classic, Pepe, Floki and other DeFi tokens could gain momentum as the ETH ETF approval deadline nears. 

Read more

US S&P Global PMIs Preview: Economic expansion set to persist in May

US S&P Global PMIs Preview: Economic expansion set to persist in May

On Thursday, S&P Global will issue its flash estimates of the United States (US) Purchasing Managers Indexes (PMIs), a monthly survey of business activity. The survey is separated into services and manufacturing output and aggregated into a single statistic, the Composite PMI.

Read more

Forex MAJORS

Cryptocurrencies

Signatures