Netflix, Inc.

$NFLX | Weekly Chart

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Netflix enters the shortlist this week.

A potential buy zone is approaching, with momentum indicators turning interesting.

My custom indicator The Wave is flashing a potential long setup, right around the $1,000 area, maybe slightly above.

Earnings are already behind us, which clears the way for clean price action.

The long-term uptrend that started in late 2023 remains intact.

Bullish structure still in place and a possible setup forming for patient swing traders.

Let’s see how this zone reacts in the coming weeks.

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