13d • Stocks 📈
Stock Deep Dive: Netflix
Date: 07/12/25
Not too long ago, Netflix looked unstoppable. Price kept pushing to new highs and sentiment couldn’t get any better. Now, even with massive headline news like the reported $82B Warner Brothers acquisition, the stock is pulling back.
While fundamentals like debt are getting the blame, the timing actually lines up perfectly on the chart. From an Elliott Wave perspective, Netflix has just finished a strong Primary Wave 3 on the upside and has now rotated into Wave 4 — a phase that’s typically choppy, frustrating, and often misunderstood.
Wave 4 isn’t the end of the trend. It’s the pause that resets the market before the next opportunity appears.
I've attached the monthly, weekly and daily chart for Netflix below.
Wave 4 is usually one that takes some time. The market often consolidates and remains choppy during this period.
Our wave 4 could either be making a Flat, Triangle or a WXY corrective. A great buying zone for Netflix will be around the 90 - 88 mark. During this process a good stop loss would be the top of wave 1 (70.10). Once prices consolidate and eventually reach 88 - 90, I'm expecting prices to slowly retest the all time high around where we will have to be extremely cautious as a deeper correction possibility will soon come into play.
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Stock Deep Dive: Netflix
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