Nflx.. It's almost time

5月1日

Ascending broadening wedge pattern showing here..

Monthly RSI is over 80 which means NFLX stands a higher chance of tagging 700 before 1300..

Daily RSI and Money Flow is absurd

Weekly candle is outside Bollingerband


It's just red flag after red flag for this stock

I don't think this clears 1150 and I think the next stop is 900 before a dead cat bounce


Monthly chart

Bulls see a break out above yellow trendline but I see a fake out..

Price is extended way above monthly bbands and like I said before, the monthly RSI is approaching 90, that is not a combination for a sustainable breakout...

I think a 50% discount is coming for this stock in the next year

6月1日

註釋

Quick update.. nothing has change technically..
Seems NFLX is tariff proof and tech Degen buy this when all else tech sells..

Bearish Divergence on the weekly is terrible. Imagine a car driving on 4 bald tires at 90mph.. this is nflx right now




I'm thinking it could take the H&S route back down. If I'm right we should roll over into 1100 by early June.

Below 1100 and 900 comes