Jun. 1 at 12:19 AM
$NFLX is starting to look like it’s building a potential double bottom heading into this week’s shareholder meeting, with noticeable bullish flow coming in throughout last week.
Price action here feels more like compression than breakdown, with buyers stepping in around the same zone multiple times.
If this structure holds and momentum continues into the event, a push toward the
$90–
$91.50 area by Friday is in play.
Key thing now is confirmation — whether the bid actually holds when volatility picks up into the meeting.