What’s Changed?
Since our last update, Netflix stock initially dipped further into our blue Long-Term Entry Range ($96.27–$75.19), but then rebounded to the upper edge of that range.
Primary Scenario
We continue to view NFLX as being in a major correction, so we expect more significant sell-offs over the long term. However, the price should see a temporary recovery first, as it recently established a more pronounced low within our blue Long-Term Entry Range ($96.27–$75.19). After a move above the Entry Range ($96.27–$75.19), we anticipate further declines.
Alternative Scenario
In our alternative scenario, NFLX may have already established a long-term low within our blue Long-Term Entry Range ($96.27–$75.19). In this case, the price would continue rising immediately and initially break through resistance at $114.14 and $134.12 (probability: 25%).
Since our last update, Netflix stock initially dipped further into our blue Long-Term Entry Range ($96.27–$75.19), but then rebounded to the upper edge of that range.
Primary Scenario
We continue to view NFLX as being in a major correction, so we expect more significant sell-offs over the long term. However, the price should see a temporary recovery first, as it recently established a more pronounced low within our blue Long-Term Entry Range ($96.27–$75.19). After a move above the Entry Range ($96.27–$75.19), we anticipate further declines.
Alternative Scenario
In our alternative scenario, NFLX may have already established a long-term low within our blue Long-Term Entry Range ($96.27–$75.19). In this case, the price would continue rising immediately and initially break through resistance at $114.14 and $134.12 (probability: 25%).
📊 Daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
相關出版品
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
📊 Daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
相關出版品
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。