Netflix Inc. (NFLX) “On a long-term technical basis, the stock (NFLX) is trading below its 200-day moving average which implies it is in a negative trend.

The stock has support at 288.00 and 231.23. If the stock breaks down through support at 288.00 then it will probably continue lower to 231.23. The stock has resistance at 301.55 and at 332.65. If the stock breaks up through resistance at 301.55 then it will probably continue higher to 332.65. The 200-day moving average is at 334.98. This will also act as resistance. The stock has broken out of its long-term downtrend and is looking more positive recently. If the stock can form new support above 288.00 look for a rally to previous highs. The stock is neutral according to the Stochastic Indicator (44.57).”