Downtrend Intact: NFLX Rejected at EMAs, Trades $63.95
Shares of Netflix Inc (NFLX) rose 0.86% to $63.95 on November 10.
Technical indicators paint a mixed picture:
Despite the bearish EMA structure, bullish MACD divergence suggests patient buyers may find opportunity near $59.22.
Watch $59.22 as support and $72.60 as resistance.