🚨$NFLX — $70.30
Trading setup
Broke down from $80 in September, flushed to $66.50, now bouncing on three green daily candles with RSI at 37.
upside targets from $70.30
$71–72 — first hurdle, the late-September shelf where it based before flushing to $66.50.
$73–74 — next congestion zone, thin but real supply overhead.
$75.60–77.87 — the 50/100ma wall. This is where relief bounces usually end unless volume expands.
$80 — the September breakdown point. Reclaiming it flips the structure from repair to recovery.
$72 is a bounce target; $75+ needs a trend change. Same discipline as always — partial into strength on the way up, because every one of these levels gets heavier.