NFLX Weekly Outlook (Oct 21–25): Bulls Regain Control Eyes on $1,267 Breakout 🚀
📆 Daily Chart — Macro Trend and Structure Overview
Market Structure:
Netflix (NFLX) printed a powerful rebound candle off the $1,134–$1,160 demand zone, signaling renewed buying interest. This level has acted as a structural support in multiple swing cycles. The daily chart shows a recent BOS (Break of Structure) after a series of CHoCH formations, suggesting that smart money may be repositioning long after liquidity was swept below October lows.
The move from $1,134 to $1,238 marks the first aggressive bullish displacement in weeks, shifting momentum back toward the mid-trend channel.
Supply & Demand / Order Blocks:
* Demand Zone: $1,134–$1,160 (major re-accumulation zone).
* Intermediate Supply Zone: $1,238–$1,267 (previous CHoCH and liquidity pocket).
* Macro Supply Zone: $1,310–$1,330 (upper liquidity target).
Indicator Confluence:
* 9 EMA > 21 EMA: Cross underway — bullish realignment possible by Tuesday.
* MACD: Momentum reversal confirmed with a fresh histogram cross above zero.
* Stoch RSI: Rising from 20 → 67 — strong mid-cycle momentum.
* Volume: Bullish expansion day, matching the most recent BOS in September.
The daily chart suggests that the $1,134 base is secure, and price may now aim to retest $1,267 before consolidating again.
⏱️ 1-Hour Chart — Short-Term Swing Setup
Market Structure:
The 1-hour chart shows clear transition from bearish to bullish structure with a CHoCH → BOS sequence near $1,200 and $1,240. Price broke out of the descending channel and is consolidating right below resistance at $1,245–$1,247, the zone of the most recent BOS.
Momentum remains strong, and any pullback toward $1,217–$1,225 should offer dip-buying opportunities if volume holds.
Supply & Demand / OB Zones:
* Demand Zone: $1,217–$1,225 (recent breakout OB).
* Supply Zone: $1,244–$1,267 (major liquidity resistance).
Indicator Confluence:
* 9 EMA > 21 EMA: Bullish continuation structure.
* MACD: Rising histogram — bullish volume expansion.
* Stoch RSI: Above 70, showing continuation with mild overbought stretch.
Trade Scenarios:
* Bullish Setup: Buy dips near $1,217 → Target $1,267 → Stop below $1,199.
* Bearish Setup: Rejection from $1,267 → Short to $1,217 → Stop above $1,280.
Bias favors upside while price holds above $1,217 — breaking $1,267 could trigger momentum extension toward $1,300.
🕒 15-Minute Chart — Intraday Scalping View
Market Structure:
The 15-min timeframe shows a clean ascending channel, with multiple BOS confirming short-term trend strength. The most recent CHoCH near $1,237 was defended quickly, proving that intraday buyers are actively holding higher lows.
The pattern shows minor compression under resistance, suggesting either a small consolidation before a push to $1,260+ or a quick retest of $1,230 support.
Supply & Demand / OB Levels:
* Demand Zone: $1,235–$1,238 (minor OB base).
* Supply Zone: $1,247–$1,255 (scalp resistance range).
Indicator Confluence:
* 9 EMA & 21 EMA: Strong uptrend alignment.
* MACD: Momentum fading slightly — potential micro pullback.
* Stoch RSI: Overbought (80+) — short-term pause likely.
Scalp Plan:
* Bullish Case: Buy retest at $1,235–$1,238 → Target $1,247 → Stop $1,230.
* Bearish Case: Fade $1,247–$1,250 → Target $1,235 → Stop $1,255.
Intraday trend remains bullish — buyers in control while above $1,230. Expect a range break toward $1,255–$1,267 if volume persists.
📊 GEX (Gamma Exposure) & Options Sentiment
NFLX’s GEX structure indicates a bullish gamma expansion zone between $1,220–$1,260. Dealer exposure favors stability near $1,240, creating a “magnet” effect that can accelerate upward once $1,247 breaks.
Key GEX Levels:
* Highest Positive GEX: $1,260 (major call resistance).
* 2nd Call Wall: $1,280 (extension target).
* Put Support: $1,160 (floor of dealer hedging zone).
* IVR: 37 — moderate, rising ahead of next catalyst.
* Call Flow: 29.1% — improving, consistent with accumulation behavior.
Dealers are currently neutral-to-positive gamma, supporting controlled bullish drift. Above $1,260, expect increased dealer hedging pressure to lift price further.
🎯 Closing Outlook
Netflix is showing strong signs of accumulation and breakout potential following a clean structure shift on both the daily and hourly timeframes. Volume confirmation and positive gamma support add confidence to the bullish scenario.
A sustained close above $1,247–$1,267 could trigger a measured move toward $1,300–$1,310.
If rejected, a controlled pullback to $1,217–$1,225 remains a healthy buy zone for continuation.
Disclaimer:
This analysis is for educational purposes only and does not constitute financial advice. Always perform your own due diligence before trading.
