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Netflix Inc., Elliott Wave Technical Analysis

Netflix Inc., (Nasdaq: NFLX): Daily Chart, 3 July 2023.

NFLX Stock Market Analysis: We have been looking at a completion of this large upmove into a wave C. It looks like we could be near the end as we start to approach 61.8% C vs. A. There is also a possibility wave B end where current wave {ii} is.  

NFLX Elliott Wave Count: Wave {iv} of C.

NFLX Technical Indicators: Above all averages.

NFLX Trading Strategy: Looking for another leg higher into wave {v}.

Analyst: Alessio Barretta

Netflix Inc., NFLX: 4-hour Chart, 3 July 2023.

Netflix Inc., Elliott Wave Technical Analysis
NFLX Stock Market Analysis: Looking for another leg lower into wave (c) of {iv} to potentially reach the 38.2% of wave {iii}.

NFLX Elliott Wave count:  Wave (b) of {iv}

NFLX Technical Indicators: Above all averages.

NFLX Trading Strategy: Looking for longs once we get a leg lower into wave (c).

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