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Netflix Inc., Elliot Wave Analysis
2/13/2023 10:06 AMGrowth is possible.
On the daily chart, the upward correction of the higher level develops as the wave (B) of B, within which the wave А of (B) formed, the correctional wave B of (B) ended, and the development of the wave C of (B) started. Now, the first wave of the lower level i of C has formed. If the assumption is correct, after the end of the local correction ii of C, the price will grow to the area of 423.15–487.00. In this scenario, critical stop loss level is 312.10.
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