Currently, the show still represents a gift that keeps on giving, as it is the only program to stream a billion minutes per week, according to data released by Nielsen for the week of July 11-17.
NFLX chart and analysis
In the last month, NFLX has been trading in a wide range between $188.40 to $251.62, with the long-term trend still negative. Prices have been rising strongly lately; therefore, it may be a good idea to wait for a consolidation or pullback before considering an entry. The technical analysis shows the support zone stretching from $221.41 to $224.70 and the resistance line at $249.31. On the other hand, analysts rate the shares a hold, predicting that in the next 12 months the average price could reach $229.30, -8.02% lower than the current trading price of $249.30.
AMZN chart and analysis
Based on AMZN’s recent performance, both the short-term and long-term trends are positive, being one of the better performers in the overall market, outperforming 82% of all stocks. In the last month, AMZN has been trading in the $113.15 to $144.60 range, with the support line at $139.66 and the resistance line at $143.60. Buy stocks now with Interactive Brokers – the most advanced investment platform Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
