Netflix, Inc.’s (NFLX) share price has just rallied above a key level of resistance after trading in a tight range between $37 and $41 for the last 6 weeks. Shares of NFLX pulled back in early April after hitting a new 52-week and all-time high above $50 and proceeded to bottom out before locking into the previously mentioned range. The MACD has also recently turned higher, indicating a bullish short-term signal. Take a look below.
Pharmerica, Inc. (PMC) has been aggressively surging over the last 3 days, with shares jumping from $16.50 to $19.50. The spike comes on no major news, but shares were testing the bottom end of the recent trading range at $17, with volume spiking as buyers snapped up shares at the lower price. Take a look below.
