Published by Wavervanir_International_LLC | May 7, 2025
Netflix appears to be completing a major Wave (3) cycle at the 1.0 Fib extension level (~$1,159), following textbook Elliott Wave structure with deep retracements and strong impulsive legs.
🔍 Technical Breakdown:
Wave (1) topped near the 0.618 Fib level at ~$770.
Wave (2) retraced deep, bottoming just above $178 (78.6%+ retracement).
Wave (3) extended aggressively, now stalling near Fib confluence zones around 1.0–1.236 levels (~$1,159–$1,244).
⚠️ What’s Next?
A corrective Wave (4) could now be in play, with downside risk toward the $700–$750 zone. This area aligns with the previous Wave (1) top and a 0.382–0.5 retracement of Wave (3), which is typical for Wave (4) pullbacks.
🚀 If this structure holds, Wave (5) targets extend to $1,400–$1,540, matching the 1.618–2.0 Fib extension zones, completing a long-term impulsive cycle.
🧠Strategic Outlook:
Buy Zone: $700–$750 (Wave 4 opportunity)
Target Zone: $1,400+ (Wave 5 expansion)
Invalidation: Break below $622 or breach of Wave (1) top on weekly close
📊 This is a macro thesis built on momentum, structural symmetry, and Fibonacci precision. Not financial advice—use proper risk management.
#NFLX #ElliottWave #Fibonacci #TechnicalAnalysis #Wavervanir #TradingView #SwingTrading #GrowthStocks #LongTermInvesting
Netflix appears to be completing a major Wave (3) cycle at the 1.0 Fib extension level (~$1,159), following textbook Elliott Wave structure with deep retracements and strong impulsive legs.
🔍 Technical Breakdown:
Wave (1) topped near the 0.618 Fib level at ~$770.
Wave (2) retraced deep, bottoming just above $178 (78.6%+ retracement).
Wave (3) extended aggressively, now stalling near Fib confluence zones around 1.0–1.236 levels (~$1,159–$1,244).
⚠️ What’s Next?
A corrective Wave (4) could now be in play, with downside risk toward the $700–$750 zone. This area aligns with the previous Wave (1) top and a 0.382–0.5 retracement of Wave (3), which is typical for Wave (4) pullbacks.
🚀 If this structure holds, Wave (5) targets extend to $1,400–$1,540, matching the 1.618–2.0 Fib extension zones, completing a long-term impulsive cycle.
🧠Strategic Outlook:
Buy Zone: $700–$750 (Wave 4 opportunity)
Target Zone: $1,400+ (Wave 5 expansion)
Invalidation: Break below $622 or breach of Wave (1) top on weekly close
📊 This is a macro thesis built on momentum, structural symmetry, and Fibonacci precision. Not financial advice—use proper risk management.
#NFLX #ElliottWave #Fibonacci #TechnicalAnalysis #Wavervanir #TradingView #SwingTrading #GrowthStocks #LongTermInvesting
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Not Investment Advice
stocktwits.com/WaverVanir | wavervanir.com | buymeacoffee.com/wavervanir
Not Investment Advice
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WaverVanir ⚡ To grow and conquer
stocktwits.com/WaverVanir | wavervanir.com | buymeacoffee.com/wavervanir
Not Investment Advice
stocktwits.com/WaverVanir | wavervanir.com | buymeacoffee.com/wavervanir
Not Investment Advice
Declinazione di responsabilitĂ
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.