Watch These Netflix Price Levels After Stock Mints Record High
NFLXNetflix(NFLX) Investopedia·2024-08-21 10:55

Key TakeawaysNetflix shares hit a new record high on Tuesday after the streaming giant reported a huge jump in advertising sales, bolstered by robust ad demand on its upcoming films, series, and live events.The Netflix share price has traded within an ascending channel since January last year, though the latest bullish move has occurred on lackluster trading volume, potentially indicating a lack of institutional investing.Investors should monitor lower price levels on the chart at 638and638 and 545, while also ...