TECH Sell 29.06.2026 07:18
Netflix Inc.: wave analysis
The price is in correction, the probability of decline remains.
On the daily chart, an upward third wave of a higher-degree wave (3) of C has formed, while a corrective phase is ongoing as the fourth wave (4) of C, with wave C of (4) currently developing. On the four-hour time frame, the third wave of the lower-degree wave iii of C has formed, while a corrective phase is observed as the fourth wave iv of C. If this scenario proves correct, the downward trend is expected to continue toward the 62.60–50.00 area, with the critical stop loss level for this scenario at 84.70.
Indicators
Overall recommendation Active Sell
Overall recommendation Wait
Overall recommendation Buy
Overall recommendation Buy
Overall recommendation Buy
Overall recommendation Wait
Overall recommendation Wait