ElliottwaveForecast
Sep 29, 1:00 AM
🌏 Good Evening & Welcome Asia —
$NFLX Downtrend Still Has One More Leg to Go
Netflix remains under pressure after completing wave 4 near the 74 area, with the current decline unfolding in wave 5.
📉 Structure: price is working through wave ((iii)) of 5, keeping the short-term sequence bearish.
🎯 Expected path: complete ((iii)) lower → corrective bounce in ((iv)) toward the 69.5–70.0 area → then one more decline in ((v)) toward the 68 area to complete wave 5.
#NFLX #Netflix #ElliottWave #Stocks #Trading #AsiaSession
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