Netflix, Inc.

NFLX Megaphone + Ascending Wedge

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I've been watching NFLX closely lately and it has some bearish breaks, but so far has been able to recover without much damage and it's back near ATH. It has a huge megaphone pattern that was broken to the downside, not as relevant anymore, but it does show some potential volatility. Now we have an ascending wedge that is near the breaking point. Could be a steep cliff to fall off of.

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