Seems that price is taking a break from it's upward move. Might stay between these red lines for a while, or retrace a bit more to that 38.2% Fib level. RSI looks to me like a triangle and maybe a breakout of any trendline would give us a hint about our next move. In a long term NFLX still looks bullish to me and sooner or later we should be moving upwards for the 5th Wave.
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.