$NFLX - RC -
Added 2023-05-13 19:33:47 +0000 UTCNo changes here to the count. The concern here has always been that, the price has dropped from $700 down to $162 in a very aggressive drop which is a Wave A drop, so the bounce that we are experiencing is likely Wave B, we can see that this bounce started in April last year, a lot earlier than the Oct '22 bounces that we have seen from the market now. $NKE and $META are currently experiencing the same bounce, they both had aggressive drops with no Wave B bounces, so it is likely they are in this now too.
The 200 Day MA is below here on the chart, it is going to provide us with a lot of information, if the price drops below this line it may become under a lot of pressure and may not hold the Wave C in Amber line at the 0.5 Fib.
I will update as this gets closer but for now, there has been no changes to the chart.
