NFLX price is expected to move toward the trend line (potentially $905), but no prediction is made on whether it breaks through or gets rejected.

We'll take a look at Netflix in the meantime. Uh, here's what Netflix's chart looks like. Netflix up 1.36%. Now, Izzy was saying this is on an upgrade here.

Looking at the chart here, stock is 78 bucks. We're basically going to test the 100 day here today. The 100 day is sitting almost right on top of the 20-day. So, I think both of these are going to be on deck here for a test.

We'll see if we move through that. Otherwise, though, really want to hold the 50.

Yeah, I think that trend line you have there is just the only thing that really matters. Okay. So, so basically this is this is all so 13 I and I'm probably to truth be told I'm I'm in agreement with you here.

This is all kind of noise until we get back above the trend line. That makes a lot of sense to me. Let's see in the meantime what happens if we get rejected at these other moving averages. it it just you know multiple times now it just goes back to that trend line.

So that's what I'm expecting next. Uh whether or not we break through it on the next visit up, I'm not going to make any prediction. I just believe that this price is headed back up to that trend line because it that appears to be just a massive magnet for this stock.

Really quick, I had asked Izzy regarding that Netflix upgrade. It was Evercore and it looks like it was a price target adjustment from 100 to 110. Thank you, Izzy. That answers my question.

That also tells me why the stock's only up 1.3% here as opposed to maybe being up a little bit more. However, if we are weak today, Netflix might be able to show us some relative strength on the back of that headline.

Izzy mentioning that Netflix is ripping on that Evercore price target upgrade.

Also Netflix which we have been discussing new intraday highs. So you had the impulse move from the open pull back to VWAP now more new highs there. Izzy, good stuff on Netflix.

It does look like the S&P stopped off that impulse move about 760 and a half there. It still looks like uh Netflix wants to hit that trend line. Now, what if we do end up getting up to that trend line, do we blast through it or we get rejected like we did last time in April?

I'm not going to make any predictions there, but I think that this this, you know, the price is trying to get up to that trend line. So, we could see 905 at some point. Uh maybe later this month or maybe next month.