Feb. 8 at 3:27 AM
$NFLX Netflix (1D) is bearish in structure, having completed a 5-wave advance into the 125–135 supply / weak-high zone and now unwinding in a corrective
EW decline that looks like a developing Wave (4) or early larger correction, with price failing to reclaim equilibrium (~85)
and momentum staying suppressed; the ratings confirm downside pressure—MA: Strong Sell (-90%), OSC: Weak Sell (-35%), Overall: Sell (-58%)—suggesting recent upticks are corrective rather than impulsive,
and unless price can regain equilibrium and flip structure, risk remains for continuation lower toward the 70–75 demand area before any durable base forms. NFLX
