NFLX remains in a downtrend (incomplete head-and-shoulders, below July 2025 trendline); support likely near $75/50-day SMA.

Flowjunkie wanted to take a look at Netflix. So, here's here's Netflix. Um, this Yeah, this has recently kind of made a move coming back in here. Let's see if it holds the 50. Ultimately, the big thing here, we still have a head and shoulders that has not fully played out and we're actually still beneath this downtrend line that originates back in July of 2025.

So, to me, this is still kind of trending lower.

13, you got any spot on this? Uh let's see here. Uh losing the 20 uh day was not great. So I would think the now if you look at where the 50-day uh estimate is and look where we were bottoming in February, it lines up pretty well with that bottoming.

So I would think somewhere in the 75 handle you're going to see some support. Is that the support that's going to hold the price up? I can't say. I don't Maybe we get a bounce there before we head lower.

But to me, the ne if we do continue lower, the next uh support is going to be that 50-day SMA that was that's also lines up with the February lows.

Okay. Uh Flow Junkie, what are you um what are you looking at here on Netflix? Are you looking for a down move? Are you looking to trade this to the upside? What are you looking at here?

Netflix that pulled. That's coming into 76.

>> Uh flower junkie. Are you saying you think Netflix bounces between 74 and 75? Let me know just to make sure I get that correct. I don't want to put words in your mouth for you.

You still have uh Netflix uh with support at the 50-day SMA. That value is at uh 7550. So that's I would be looking at for Netflix. >> So that's I would be looking at for Netflix.