$NFLX
Added 2023-03-23 19:28:24 +0000 UTCA good day for $NFLX but I still believe there is one more leg down to complete Wave C potentially, or failure to hold Wave C then it will come down into the bear case, no changes to this chart but an update considering the price action was quite strong today.
Comments
I see at the 360$ high a wave a of the B or the B itself ending - given that 177$ was not the final low (if that was the end of the big ABC, my take is wrong). So if at 360$ ended the a of the B, the b of the b would be a three part move leading to a new interim low below the old one of 293$ before a final run up above 360$... If the big B has ended already at 360$ then we are in a big C which would lead to new lows below 177$ without breaking 370$ again. I don't get the bullish alternative here - is that factoring in a complete ABC at the 177$ low or part of the big B still? Therefore I opened a short position today at 345/346$. Too early?
rumorandvalue
2023-04-13 18:08:57 +0000 UTCOn watch !!
TommyJR
2023-03-23 21:36:37 +0000 UTC
