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Stock Update II: Netflix
Date: 02/03/26 Just dropping a quick update on our Netflix stock pick. It seems that Netflix has bounced really well from our buy zone. Currently sitting at 96.24 (20% up from our buy zone) it seems like we've got this count spot on so far. The price is demonstrating all the behaviours of a 5th wave and is following all our Elliot rules as well. There was clearly no overlap with our stop loss of 69 (price moved from 75 levels) and the 5th wave that seems to have begun is moving fast and in gaps (currently in w3 of the 5th Wave). Let's see how this week plays out and lets keep an eye on if Netflix is coming back to fill the gaps it leaves on the charts or is gapping up and making green candles. That will give us an indication as to whether Netflix will rush to 130+ levels in a quick straight line or will grind out the journey slowly. For traders I always recommend trailing your longs and booking partial profits wherever you seem appropriate. A 20% move in such quick succession usually calls for some profit booking even though our targets of 130 are very much intact. For investors trading directly in the stock - our stop loss is now going to be pushed up to 75 (from 69). the 75 level now has absolutely no reason to be breached. We will keep raising our stop loss as the price rises as well. Charts attached below
Stock Update II: Netflix
Stock Update: Netflix
Date: 06/02 As discussed in our previous post we were expecting Netflix to drift down from its highs of around 130 into the 82 - 80 range. Netflix is now playing at 80.87 and has presented us with a good risk to reward to enter for trading as well as investing purposes. The top of Wave 1 sits at 69.42 which will be our stop loss for all longs that we are entering at this level. For our count to remain valid Wave 4 cannot overlap with this point AT ALL. Entering here with a minimum target 133.8 gives us a solid 1:6 ratio and a crazy 66% gain on the upside making it a perfect trade as well as investment entry. Do keep in mind though that our stop loss of 69.42 must be followed strictly for all longs as below this we will have to re - analyse our wave count as the correction could get deeper pretty quickly. Charts shared below
Stock Update: Netflix
Any undervalued Stocks out there
Hello .. was wondering if there are any undervalued stocks that you have an eye on that we can look to build long term!?
Stock Deep Dive: Netflix
Date: 07/12/25 Not too long ago, Netflix looked unstoppable. Price kept pushing to new highs and sentiment couldnโ€™t get any better. Now, even with massive headline news like the reported $82B Warner Brothers acquisition, the stock is pulling back. While fundamentals like debt are getting the blame, the timing actually lines up perfectly on the chart. From an Elliott Wave perspective, Netflix has just finished a strong Primary Wave 3 on the upside and has now rotated into Wave 4 โ€” a phase thatโ€™s typically choppy, frustrating, and often misunderstood. Wave 4 isnโ€™t the end of the trend. Itโ€™s the pause that resets the market before the next opportunity appears. I've attached the monthly, weekly and daily chart for Netflix below. Wave 4 is usually one that takes some time. The market often consolidates and remains choppy during this period. Our wave 4 could either be making a Flat, Triangle or a WXY corrective. A great buying zone for Netflix will be around the 90 - 88 mark. During this process a good stop loss would be the top of wave 1 (70.10). Once prices consolidate and eventually reach 88 - 90, I'm expecting prices to slowly retest the all time high around where we will have to be extremely cautious as a deeper correction possibility will soon come into play.
Stock Deep Dive: Netflix
Any Stock Recommendations?
Anyone have any recommendations for stocks that we can analyse and do a deep dive into?
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