Expect a vac on 4h, 1D, nice pivots on the fibs, probably already bucked the trend downtrend seen on the hourly with green af futes. These plays will be heavily influenced by index direction. Plan for the short week starting 5/26 on NFLX . 1h: 14: 432.87 30: 442.55. Again ugly. looks like its in a comfortable downtrend. 4h 14:445 30: 441 - really ugly, might...
Long above ~112. R1: 114, R2: 118.62 R3: 124.59 Short Below ~109 S1: 110.67 // 109 // S2: 107.39 - 14/30 1h: Looks to be trend reversal. 4h: Close enough for me. Possible 4H outside. 1D: 14 - 113.96 30 - 116.65 1W: 14 - 115.82 30 - 120.13. Lets see a 1D 1W vac. PT R2 118.62.
14/30 SMA. Divergence leads to vacuums. Keeping that in mind, we have overshot the SMA by over 20 bucks. That being said. Expect this reversal to happen in the next month. Overshoot possibility all the way down to 256 the next daily support.