Netflix, Much Needed Correction

Netflix after printing 3 day bearish divergence, price needs to breathe and come down to that red line on RSI to start printing bullish divergence. It appears price has completed a expanded flat elliott wave type pattern, and because of this I now assume 5 waves down before a real reversal to possibly go make new highs. On Balance Volume also diverging bearishly as supply is being dumped with not enough buyers to clean it up. Also, a longer term correction could fulfill a bullish butterfly, but I personally do not see price getting there anytime soon.

This is truly just educational and posting this for myself to look back on.