Watch These Netflix Stock Price Levels as Momentum Slows Ahead of Earnings
NFLXNetflix(NFLX) Investopedia·2024-07-15 19:40

Key TakeawaysWhen Netflix reports second-quarter earnings after the bell on Thursday, investors will be focused on subscription growth, advertising revenue, pricing updates, and further details about the streaming giant's expanding foray into live event sports programming.Several technical indicators, such as below-average volume, a bearish divergence, and a failed attempt to break out to a new record high, point to slowing buyer momentum.Netflix shares may find support at key chart levels including 638,638, ...