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