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Netflix Inc. , Elliot Wave Analysis
2/27/2023 10:10 AMThe price is in a correction and may grow.
On the daily chart, an 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 formation of the wave C of (B) started. Now, the first wave of the lower level i of C has formed, and the local correction ii of C is ending. If the assumption is correct, the asset will grow to the area of 423.15–487.00. In this scenario, critical stop loss level is 271.35.
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