📈 Netflix (NFLX) Update – May 5th, 2025: Welcome to Uncharted Waters
On April 9th, I posted a chart showing potential signs of a reversal for NFLX. Price had formed two indecision candles — classic behavior near turning points — and I was eyeing a potential correction. My original thesis pointed to a retest zone between $344–$443, or a drop toward a new low.
Fast forward to today, May 5th, and price has done the complete opposite — broke through the previous high at $1,064.50 and printed a new high at $1,134.06+. At this point, it’s safe to say:
👉 Netflix is officially in uncharted territory.
I’m beyond impressed with the strength of this move. While I was prepared for a pullback, I also know from experience — you can never time the market perfectly. That’s something I constantly try to emphasize when people ask:
“How long will it take to drop?” or “When is the next entry?”
Truth is, we can only measure candle closures and expiration timeframes. Outside of that, it’s all about reacting to structure, not predicting with emotion.
So where do I stand now?
🚫 No FOMO.
👀 Watching closely.
📉 Waiting for a deeper pullback or confirmed structure to re-enter.
💡 And reminding folks: Sometimes the best position is patience.
On April 9th, I posted a chart showing potential signs of a reversal for NFLX. Price had formed two indecision candles — classic behavior near turning points — and I was eyeing a potential correction. My original thesis pointed to a retest zone between $344–$443, or a drop toward a new low.
Fast forward to today, May 5th, and price has done the complete opposite — broke through the previous high at $1,064.50 and printed a new high at $1,134.06+. At this point, it’s safe to say:
👉 Netflix is officially in uncharted territory.
I’m beyond impressed with the strength of this move. While I was prepared for a pullback, I also know from experience — you can never time the market perfectly. That’s something I constantly try to emphasize when people ask:
“How long will it take to drop?” or “When is the next entry?”
Truth is, we can only measure candle closures and expiration timeframes. Outside of that, it’s all about reacting to structure, not predicting with emotion.
So where do I stand now?
🚫 No FOMO.
👀 Watching closely.
📉 Waiting for a deeper pullback or confirmed structure to re-enter.
💡 And reminding folks: Sometimes the best position is patience.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.