$NFLX weekly ? pic.twitter.com/DkIF22t48m
— BostonCharts (@bostonchaahhts) September 1, 2021
Today’s Chart of the Day was shared by BostonCharts (@bostonchaahhts). It’s a weekly candlestick chart of Netflix over the past five years. Netflix has been a range-bound mess for more than a year now, but it’s currently attempting to break out of that range. It just booked its highest monthly close ever yesterday, and its second-highest daily close today. After more than a year of sideways price action, could the stock finally be ready to trend higher?