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Chart of the Day - Wednesday, September 1st, 2021

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?