Netflix Inc. ($NFLX) experienced a significant breakout, reaching new all-time highs and gaining 3% in a single day. The stock is showing strong momentum, with analysts predicting it could reach $750. The breakout is characterized as a bull pennant breakout, and it started strong with a breakout in red tape. This performance aligns with other tech peers also experiencing strong weeks.
LISTEN NOW: Apple and Netflix both having strong weeks as the stocks trade near record highs. Listen to the @CNBCFastMoney podcast here: https://t.co/2KdGymzp3L https://t.co/AXeLrY1XUk
🚨 TOP Chart of the Day on Stocktwits " $NFLX Joins Its Tech Peers In Breaking Out " See the full breakdown and the other top charts today 👇 https://t.co/8usIlneY9l https://t.co/1uhxxdk2sa
$NFLX Bull pennant breakout. 💯 https://t.co/KTPWnE0SuS