FPG NFLX Market Report July 21, 2025

NFLX experienced a strong rally throughout Q2 2025, shifting from a prolonged sideways phase into a clear bullish breakout after reclaiming the 14 EMA mid-April. The price advanced significantly over several weeks, peaking near 1328.47 before encountering selling pressure that pushed it back toward a key level at 1208.92. This blue zone now acts as the immediate decision point, holding significance both as the current price and as prior resistance-turned-support.

The bullish structure remains valid as long as the price stays above the 14 EMA, which is currently providing dynamic support around the 1180–1200 range. Volume expansion during the breakout phase shows strong interest, although the recent pullback candles exhibit shorter bodies and lower highs, indicating a loss of upward momentum. MACD remains in bullish territory, with the histogram slowly shrinking, suggesting deceleration rather than a reversal. Meanwhile, RSI (14) at 60.64 stays in neutral-bullish territory, implying that further upside remains possible, though buyers appear more cautious.

With price now consolidating near 1208.92, the zone will act as a battleground between bulls protecting trend continuation and bears attempting a deeper retracement. Should this level hold, the structure supports a potential rebound toward 1328.47. Conversely, a breakdown could shift focus toward the next major support at 1059.60, which aligns with the 50-day SMA and March highs. Momentum remains bullish but slightly faded, and price action in the coming weeks will be key in determining whether this trend resumes or softens.

Market Observation & Strategy Advice
1. Current Position: NFLX traded around 1208.92, testing key support after a multi-week rally.
2. Resistance: 1328.47 remains the closest resistance level, representing the recent peak of bullish extension.
3. Support: 1059.60 is the next major support, aligned with March’s resistance-turned-support and SMA levels.
4. Indicators Reading: MACD remains positive at 97.78 with signal at 98.20, showing early signs of weakening momentum. RSI (14) at 60.64 supports bullish bias, but a downward tilt reflects cautious market sentiment.
5. Trading Strategy Suggestions:

• Consider long positions if price maintains above 1208.92 with bullish candlestick confirmation.
• Watch for rejection near 1328.47 to manage short-term profit targets or reversal signals.
• A break below 1208.92 could signal a bearish shift toward 1059.60,  set stop losses accordingly.

   

   

Market Performance:
Stocks     Last Price     % Change
AAPL            211.18              +0.55%
TSLA            329.65           +3.21%

Today’s Key Economic Calendar:
CN: Loan Prime Rate 1Y
CN: Loan Prime Rate 5Y
CA: BoC Business Outlook Survey