ElliottwaveForecast
Oct 27, 10:03 PM
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$NFLX — Bearish Sequence Still Has More Downside Ahead
Group 3 4-Hour Update: Netflix remains on the Right Side lower below the 83.70 invalidation level. Wave (2) appears complete, and the next impulsive bearish sequence is already underway.
🎯 Expected path: NFLX can complete wave ((i)) near the current lows → rebound toward the 64 area in wave ((ii)) → then turn lower again in wave ((iii)), breaking the recent lows and extending the broader decline.
⚠️ The chart continues to not recommend buying while the bearish sequence remains incomplete.
#NFLX #Netflix #ElliottWave #Stocks #Trading
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