Netflix has come to what I like to call a fork on the road. If Netflix does not break over $363 and breaks over the top trend line on this chart we might see a reversal in price that can take it all the way down to $77 on a large (WXY) correction as shown on the chart above. It has finished the (X) wave up and it is currently one the (b) wave of the (abc) wave of the (Y) wave down. Let's see how this plays out.
Order cancelled
broke to the upside!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.