The chart also shows signs that a correction is in store. divergence, even before the report, showed weakening strength as the fell and the price double topped around the $420 region. has crossed over issuing a 'sell' signal, and is extremely high, increasing the possibility for a big tumble.
This is a weekly chart of Netflix , which gives the broader outlook for the coming months. There is a possibility Netflix rallies back towards the $400 region in the short term, but I highly doubt it will make a new high in the coming weeks.
Exponential rallies always end poorly, as they show growth is unsustainable at that rate.