NFLX – Netflix Weekly Chart

Netflix is finding support at the 21-week moving average

We haven’t tuned in to the internet entertainment content provider for a few weeks. Here’s the chart: Netflix is finding support at the 21-week moving average (blue line). We sold our positions 6 weeks ago to move into the biotech sector as Netflix seemed to be ready for a rest.

Here’s the weekly chart:

NFLX - Netflix Weekly Chart

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