Netflix shorthi Traders,
The price has been in the uptrend since June 2022. The price has formed a bearish divergence, however we are expecting that the price will go a bit higher to retest ATH from 2021. This level should be acting as a strong resistance therefore it could be a good entry for a short position.
The stop loss should be placed above the resistance.
Our target is at the fib level 0.236
Good luck