A trading expert has outlined a possible path for Netflix (NASDAQ: NFLX) stock to climb toward $500 based on long-term technical indicators. In a May 8 TradingView post, analyst TradingShot said the outlook is supported by Netflix’s multi-year bullish trend despite the current market correction. According to the analysis, Netflix has traded within a long-term rising channel since its 2002 IPO, with consolidation periods typically followed by ren…
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