Watch These Key Netflix Price Levels as Stock Drops After Disappointing Earnings

Source: TradingView.com Key Takeaways Netflix shares tumbled in premarket trading Wednesday after the streaming giant's third-quarter earnings came in short of Wall Street expectations, with the company citing a charge related to a tax issue in Brazil. The stock price looks set to tumble toward the lower trendline of a descending triangle. Investors should watch key support levels on the Netflix chart around $1,065 and $942, while also monitoring critical overhead areas near $1,265 and $1,341. Net ...