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Netflix Inc., Elliott Wave Technical Analysis

Netflix Inc., (Nasdaq: NFLX): Daily Chart, 13 April 2023.

NFLX Stock Market Analysis: Looking for a continuation lower into wave B as we have had a sharp move off the top in Nov 2021.  

NFLX Elliott Wave Count:  Wave {b} of B.  

NFLX Technical Indicators: Above averages.  

NFLX Trading Strategy: Looking for further confirmation before considering shorts.  

Analyst: Alessio Barretta

Netflix Inc., NFLX: 4-hour Chart, 13 April 2023.

Netflix Inc., Elliott Wave Technical Analysis
NFLX Stock Market Analysis: We can see a potential three wave move into wave {b}. Looking for further downside which needs more confirmation.  

NFLX Elliott Wave count:  Wave (i) of {c}.  

NFLX Technical Indicators: Below 20EMA.

NFLX Trading Strategy: Looking for short-term shorts, ideally if we break the bottom of wave (b).

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