Netflix, Inc.Netflix, Inc.Netflix, Inc.

Netflix, Inc.

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NFLX we are getting news after news on nflx. It should moon soon 🚀🚀🚀

NFLX split date of record is the 10th, so we should see some buying over the next couple of days.

NFLX Although Netflix hasn’t broken out yet, it’s not breaking down either. It’s coiling and holding strong—showing signs of accumulation, not fear. This is often a good sign before a bigger move up, with buyers quietly laying the groundwork




NFLX what’s happening ?

Key Observations

• Support Tested: Price dipped close to the critical support zone, triggering stops and another round of shakeout, but so far hasn’t followed through with heavy breakdown selling.

• Volume: The test happened with only modest volume—no major RVOL spike—indicating that sellers may be running out of strength, and major liquidation did not occur.

• Bounce Attempt: The latest candles show a small rebound, reclaiming some ground after the push lower, suggesting early signs of absorption at the lower trendline.

• Channel Intact: The price remains within the larger descending/accumulation channel, with support holding (for now) at $1,073–$1,075.

Interpretation

• The recent probe lower looks like another attempt to flush out remaining weak holders and test demand at established support, characteristic of late-stage accumulation.

• Lack of follow-through on the breakdown, combined with support holding and a minor bounce, supports the thesis that strong hands are continuing to absorb supply without aggressive new selling.



NFLX Closing Recap for Nov 4th vs 3rd

* sorry I had a date typo in my earlier post, plus this recap is more concise *

• Transition in Dynamics: November 3 exhibited capitulation and forced selling, with high RVOL and deep price movement. November 4 reverted to low-energy, rangebound trading on modest volume, confirming that the worst of the selling burst is over and the base is stabilizing.

• Accumulation Context: This is classic late-stage accumulation structure—one last high-volume flush, then weakening selling pressure, followed by flat-to-low RVOL as the market compresses before a catalyst or breakout.

Summary: Nov 3 was about shaking out remaining weak holders with high-volume selling; Nov 4 featured lower volume and RVOL, revealing fading selling pressure and strengthening support as accumulation continues.