Technical Analysis – Netflix stock loses ground near to 3-month low; bearish bias
Netflix stock price plummeted to a new three-month low of 292 during yesterday’s trading session, retaining the bearish movement that broke the medium-term ascending trend line. Also, the price has been developing beneath the flatten 200-day simple moving average (SMA), suggesting the start of a negative trend. In technical oscillators, the MACD is strengthening its bearish momentum below the […]