Jul. 24 at 12:22 AM
Netflix, Inc.
$NFLX Price action is grinding along a steep descending channel on the 8-hour chart near the 68.54 dollar mark, testing local lows with heavy volume profile exhaustion.
Bearish Leaning Flow : Institutional tape prints heavy defensive positioning as massive block and sweep volume hits the Ask on downside contracts, highlighted by a colossal 3.6 million dollar print on the 09/18/2026 95 strike puts alongside aggressive 07/24 76 and 71 put blocks. Smart money is heavily protected on the downside, anticipating further structural weakness as sellers dominate the tape. 🐻🎯
Bull Key Levels: Bulls must reclaim
$71.50 to signal a short-term channel breakout and trap aggressive shorts. 🐂🔥
Bear Key Levels: A breakdown under
$67.00 triggers accelerated downside toward lower macro support lines. 🐻⚠️
Take Profit Targets:
$64.00 /
$60.00. 💰💸
#hovdid #NFLX #Netflix #Streaming #OptionsFlow #StockTrading
