NFLX - Ready for that decline in a corrective wave B down
Updated on 15 March 2019
On 17 January 2019 I posted a bearish chart of NFLX. It showed that NFLX reached a target for that move up in wave A of 5 and was in need of a pullback in wave B down.
NFLX - daily chart updated on 17 January 2019
Two months later ( check the chart below ) NFLX is still here. And it is ready for that decline in a corrective wave B down. Once that wave B down gets completed we would get a new strong rally targeting a new all time high.