After breaking down the reversal pattern I mentioned previously, $NFLX managed to hold on a daily support zone (mostly due to market's strength). Breaking below 428$ can lead $NFLX to the completion of AB=CD pattern. That will be the first wave in a stronger downward move based on Weekly chart analysis.
Will NFLX complete this target today?
I believe it will reach it, if not today, than by the end of the week.
Will NFLX complete this target today?
I believe it will reach it, if not today, than by the end of the week.