Cousin_Fat_Fat

$100 Netflix

Short
NASDAQ:NFLX   Netflix, Inc.
NFLX

Price has dropped out of an ascending wedge after 104% rally to fill the Post-Q1 Earnings Report Gap.

I'm expecting a big market drop, and Netflix might lead the way lower.

Keep an eye out for the upcoming Q4 '22 Earnings Report to serve as a potential catalyst.

The next available gap on the daily timeframe is right around the $100 price level.



Fat_Fat





Comment:
Gaps-a-plenty
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On a log basis the moves are 1:1 (~76%) drops for A & C
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