From Zacks Investment Research: 2025-05-06 18:40:00

President Trump authorized the Department of Commerce and the USTR to begin the process of instituting a 100% tariff on foreign movies entering the US, impacting Netflix’s stock (NFLX) on Monday. Despite a gap down to open at $1,114.80, the stock closed at $1,134.06 after hitting a low of $1,107.01. Technical analyst Dave Bartosiak examined Netflix’s moving averages, support and resistance levels, chart patterns, and volume analysis to provide insights for investors. His analysis offers a comprehensive toolkit for making informed investment decisions in the stock market.



Read more at Zacks Investment Research: Can Netflix Run Continue Despite Tariff Threat? – May 6, 2025