Netflix Breakout to All-Time High

Sorry I've been away for a bit. Had personal things to take care of, but I have a lot in store for the upcoming weeks. Let's get right back into it!

In this chart we're looking at Netflix on the 1W chart as price has consolidated into a beautiful symmetrical triangle. Price is currently breaking through the descending boundary and is attempting to confirm breakout after a clear 1W candle close above the $373 area.

This symmetrical triangle has a price target of around $527 for about a ~45.5% gain.

This chart pattern breakout is occurring above the 200EMA, so the probability for price continuing to the upside is even higher.

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Cheers!