Netflix Inc. ($NFLX) is described as being in an unfinished upward Elliott Wave move, with price action still pointing higher before the current rise ends. The next upside area flagged is 115\u2013130, and a move to new all-time highs is used as confirmation criteria for a new bull cycle.<\/p>\n
On the four-hour chart, $NFLX is said to have made a low on 2\/23 at 75.11 and then moved up in an impulsive pattern. The move includes higher highs and higher lows, which is treated as support for the current upward structure.<\/p>\n
Pullbacks since 75.11 are classed as corrective, with buying returning on dips, keeping the wave sequence incomplete. The preferred direction remains up unless the structure breaks down.<\/p>\n
The update keeps 75.11 as the invalidation level for the wave count. If price stays above 75.11, the 115\u2013130 area remains the main target zone, with short-term pauses still possible.<\/p>\n
Looking back to early 2025, we saw an incomplete bullish sequence forming from the $75 low. That structure played out as expected, with the stock rallying through the 115\u2013130 target zone later that year. The move validated the Elliott Wave count and confirmed buyers were in control.<\/p>\n
The move confirmed a new bull cycle by breaking to new all-time highs, eventually peaking around $155 in February 2026. Since then, the price has entered a consolidation phase, now trading near $140. This sideways action is healthy after such a strong year-long advance.<\/p>\n
This pause comes despite strong Q1 2026 earnings, where Netflix reported adding 9 million subscribers globally. However, forward guidance was more conservative, creating some near-term uncertainty around future growth. The market is now digesting whether the current valuation is justified.<\/p>\n
For derivative traders, the rise in implied volatility to 35% presents an opportunity. Selling cash-secured puts with a strike near the $130 support level could be a viable strategy to collect premium. This approach benefits from both time decay and a potential bounce off that key psychological and technical area.<\/p>\n
Those anticipating a continuation of the primary bull trend could look at call options for the later summer months. A breakout above the recent $155 high, potentially driven by news on its new live sports initiatives, would signal the end of this consolidation. This offers a capital-efficient way to participate in the next potential leg higher.<\/p>\n
The key risk is a deeper pullback, so traders should watch the $130 level, which previously acted as resistance and should now serve as major support. A decisive break below this area would suggest this corrective phase has further to run. That level aligns with the upper end of the target zone we identified back in 2025.<\/p>\n","protected":false},"excerpt":{"rendered":"
Netflix remains in unfinished Elliott Wave uptrend, targeting 115\u2013130, invalidated below 75.11, bullish structure intact.<\/p>\n","protected":false},"author":38,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[46],"tags":[],"class_list":["post-45137","post","type-post","status-publish","format-standard","hentry","category-live-updates"],"acf":[],"aioseo_notices":[],"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"josephine","author_link":"https:\/\/www.vtmarketsglobal.com\/en\/author\/josephine\/"},"_links":{"self":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/posts\/45137","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/users\/38"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/comments?post=45137"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/posts\/45137\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/media?parent=45137"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/categories?post=45137"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/tags?post=45137"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}