NFLX - The recent ER was historically strong
$Netflix(NFLX)$ - The recent ER was historically strong, hence the resilience of Netflix even when the $SPDR S&P 500 ETF Trust(SPY)$ and $NASDAQ 100(NDX)$ were in selloff mode. The gap may be closed if the big indices fall - the bearish divergence is something to watch. Fundamental update and specific price targets were shared to everyone. Access in profile.
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SPY - The selloff was partially mitigated, but there are three aspects to consider:
1) Price is far from the lower band, a condition before previous bounces,
2) Stochastic is also far from oversold,
and 3) If price is to bounce from the 20DMA as the green arrow highlights, that blue line looks more as resistance than like support.
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