Jan. 22 at 9:02 AM
$NFLX | Bearish Setup Brewing
Not everyone bought into my bearish thesis from the monthly chart, but the setup is clear.
Key buy zone:
$70 area, which aligns with the previous all-time high from the last bull cycle — a natural support level to watch for potential accumulation.
Charts are showing weakness, momentum is slowing, and sellers are keeping control near resistance levels.
Watching closely — this zone could be a low-risk entry if
$NFLX stabilizes.
If this helps, tap @QuantitativeTrading_