The action on NFLX is still weak, price is going sideways. The weakness is shown by the action following 06/21 candle. Note that the candle is an up candle on increasing and high volume. Sell orders could be hidden there. Following action is an upthrust (price went up and back down) which is weakness and this is confirmed by 06/25 candles (increasing volume on wide down candle could be weakness). Note that yesterday's action was a test (it was testing hidden buy orders in the 06/25 candle). Note the low volume price found yesterday going up. IF THE TEST IS CONFIRMED (price goes below yesterday's low), entering short could be a good idea. Please check previous shared ideas on NFLX for complete history.
