16.03.2016 - Shares of Netflix can continue to grow within the channel

Price of Netflix consolidates near the levels 96,50-100,00. It is worth noting that the quotes are near local ascending channel's lower border and its breaking through will lead to a resumption of the negative dynamics to 90,00 and 80,00. A more likely scenario, according to our estimates is the continuation of growth within the channel and fixation above the psychologically important level of 100.00. We expect continued growth in the medium term with nearest objectives at 115,00 and 130,00.

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