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Watch These Netflix Price Levels as Stock Soars After Strong Q4 Earnings
NFLXNetflix(NFLX) Investopedia·2025-01-22 03:40

Group 1 - Netflix shares surged in after-hours trading following better-than-expected fourth-quarter results and an increased revenue outlook for 2025 [2][10] - The company added 19 million net new subscribers in the fourth quarter, bringing total membership to over 300 million [2] - Netflix shares have gained 80% over the past 12 months, significantly outperforming the S&P 500's 25% return during the same period [3] Group 2 - After reaching a record high in early December, Netflix shares retraced by 13% before finding support just below the 50-day moving average [4][10] - Trading volumes were at their highest since mid-October, indicating that larger market participants were preparing for post-earnings volatility [4] - Bars pattern analysis suggests a potential upside target of around 1,285,withanewtrendexpectedtodevelopuntillateMay[7][10]Group3Keysupportlevelstomonitorinclude1,285, with a new trend expected to develop until late May [7][10] Group 3 - Key support levels to monitor include 930, which may attract strong buying interest, and $824, where investors may consider accumulating shares [8][9][10]