Netflix after printing 3 day bearish divergence, price needs to breathe and come down to that red line on RSI to start printing bullish divergence. It appears price has completed a expanded flat elliott wave type pattern, and because of this I now assume 5 waves down before a real reversal to possibly go make new highs. On Balance Volume also diverging bearishly as supply is being dumped with not enough buyers to clean it up. Also, a longer term correction could fulfill a bullish butterfly, but I personally do not see price getting there anytime soon.
This is truly just educational and posting this for myself to look back on.
This is truly just educational and posting this for myself to look back on.