Elliott Wave View: Netflix (NFLX) Resumes Rally After 3 Waves Correction

Elliottwave_Forecast

Short term outlook in Netflix (NFLX) suggests that the ETF has ended wave IV at 853.68. Decline from 2.18.2025 high is in progress as a zigzag Elliott Wave structure. Down from 2.18.2025 high, wave ((A)) ended at 955 and wave ((B)) ended at 1000.89. Wave ((C)) lower unfolded in 5 waves impulse structure. Down from wave ((B)), wave (1) ended at 958.17 and wave (2) ended at 995.6. Wave (3) lower ended at 858.11 and wave (4) rally ended at 896.9. Final leg wave (5) ended at 853.6 which completed wave ((C)) of IV.

The stock has resumed higher in wave V, but it still needs to break above 2.18.2025 high at 1065.05 to rule out a double correction. Up from wave IV, wave (1) ended at 927.18 and wave (2) pullback ended at 887.5. The stock has resumed higher in wave (3). Up from wave (2), wave 1 ended at 917.2 and pullback in wave 2 ended at 901.27. Expect the stock to extend higher 1 more leg to end wave 3, then it should pullback in wave 4 before turning higher again. Near term, as far as pivot at 853.6 low stays intact, expect pullback to find support in 3, 7, or 11 swing for further upside.

Netflix (NFLX) 30 Minutes Elliott Wave Chart

Netflix (NFLX) Elliott Wave Chart

NFLX Video

Source:https://elliottwave-forecast.com/news/elliott-wave-view-netflix-nflx-resumes-rally-3-waves-correction/

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Comments

Meroy
03-18
Meroy
This analysis is detailed
MR_Wu
03-18
MR_Wu
Interesting indeed

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Decline from 2.18.2025 high is in progress as a zigzag Elliott Wave structure. Down from 2.18.2025 high, wave ((A)) ended at 955 and wave ((B)) ended at 1000.89. Wave ((C)) lower unfolded in 5 waves impulse structure. Down from wave ((B)), wave (1) ended at 958.17 and wave (2) ended at 995.6. Wave (3) lower ended at 858.11 and wave (4) rally ended at 896.9. Final leg wave (5) ended at 853.6 which completed wave ((C)) of IV.</p>\n<p style=\"text-align: justify;\">The stock has resumed higher in wave V, but it still needs to break above 2.18.2025 high at 1065.05 to rule out a double correction. Up from wave IV, wave (1) ended at 927.18 and wave (2) pullback ended at 887.5. The stock has resumed higher in wave (3). Up from wave (2), wave 1 ended at 917.2 and pullback in wave 2 ended at 901.27. Expect the stock to extend higher 1 more leg to end wave 3, then it should pullback in wave 4 before turning higher again. Near term, as far as pivot at 853.6 low stays intact, expect pullback to find support in 3, 7, or 11 swing for further upside.</p>\n<h2>Netflix (NFLX) 30 Minutes Elliott Wave Chart</h2>\n<p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/357ec4e3313160d9b4d2462491dda260\" tg-width=\"1912\" tg-height=\"981\"><span>Netflix (NFLX) Elliott Wave Chart</span></p>\n<h2>NFLX Video</h2>\n<p></p>\n<video poster=\"https://community-static.tradeup.com/news/df81211b19a7ed090f318f5656e71aa6\" tg-width=\"1920\" tg-height=\"1080\" class=\"ql-video\" controls=\"true\" controlslist=\"nodownload\" playsinline=\"true\" webkit-playsinline=\"true\">\n <source src=\"https://1254107296.vod2.myqcloud.com/b741d586vodhk1254107296/6fb467151397757907633413759/DGDy1gAg7e0A.mp4\">\n</video>\n<p>Source:https://elliottwave-forecast.com/news/elliott-wave-view-netflix-nflx-resumes-rally-3-waves-correction/</p></body></html>","htmlText":"<html><head></head><body><h2></h2>\n<p style=\"text-align: justify;\">Short term outlook in Netflix (NFLX) suggests that the ETF has ended wave IV at 853.68. Decline from 2.18.2025 high is in progress as a zigzag Elliott Wave structure. Down from 2.18.2025 high, wave ((A)) ended at 955 and wave ((B)) ended at 1000.89. Wave ((C)) lower unfolded in 5 waves impulse structure. Down from wave ((B)), wave (1) ended at 958.17 and wave (2) ended at 995.6. Wave (3) lower ended at 858.11 and wave (4) rally ended at 896.9. Final leg wave (5) ended at 853.6 which completed wave ((C)) of IV.</p>\n<p style=\"text-align: justify;\">The stock has resumed higher in wave V, but it still needs to break above 2.18.2025 high at 1065.05 to rule out a double correction. Up from wave IV, wave (1) ended at 927.18 and wave (2) pullback ended at 887.5. The stock has resumed higher in wave (3). Up from wave (2), wave 1 ended at 917.2 and pullback in wave 2 ended at 901.27. Expect the stock to extend higher 1 more leg to end wave 3, then it should pullback in wave 4 before turning higher again. Near term, as far as pivot at 853.6 low stays intact, expect pullback to find support in 3, 7, or 11 swing for further upside.</p>\n<h2>Netflix (NFLX) 30 Minutes Elliott Wave Chart</h2>\n<p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/357ec4e3313160d9b4d2462491dda260\" tg-width=\"1912\" tg-height=\"981\"><span>Netflix (NFLX) Elliott Wave Chart</span></p>\n<h2>NFLX Video</h2>\n<p></p>\n<video poster=\"https://community-static.tradeup.com/news/df81211b19a7ed090f318f5656e71aa6\" tg-width=\"1920\" tg-height=\"1080\" class=\"ql-video\" controls=\"true\" controlslist=\"nodownload\" playsinline=\"true\" webkit-playsinline=\"true\">\n <source src=\"https://1254107296.vod2.myqcloud.com/b741d586vodhk1254107296/6fb467151397757907633413759/DGDy1gAg7e0A.mp4\">\n</video>\n<p>Source:https://elliottwave-forecast.com/news/elliott-wave-view-netflix-nflx-resumes-rally-3-waves-correction/</p></body></html>","text":"Short term outlook in Netflix (NFLX) suggests that the ETF has ended wave IV at 853.68. Decline from 2.18.2025 high is in progress as a zigzag Elliott Wave structure. Down from 2.18.2025 high, wave ((A)) ended at 955 and wave ((B)) ended at 1000.89. Wave ((C)) lower unfolded in 5 waves impulse structure. Down from wave ((B)), wave (1) ended at 958.17 and wave (2) ended at 995.6. Wave (3) lower ended at 858.11 and wave (4) rally ended at 896.9. Final leg wave (5) ended at 853.6 which completed wave ((C)) of IV. The stock has resumed higher in wave V, but it still needs to break above 2.18.2025 high at 1065.05 to rule out a double correction. Up from wave IV, wave (1) ended at 927.18 and wave (2) pullback ended at 887.5. The stock has resumed higher in wave (3). Up from wave (2), wave 1 ended at 917.2 and pullback in wave 2 ended at 901.27. Expect the stock to extend higher 1 more leg to end wave 3, then it should pullback in wave 4 before turning higher again. Near term, as far as pivot at 853.6 low stays intact, expect pullback to find support in 3, 7, or 11 swing for further upside. Netflix (NFLX) 30 Minutes Elliott Wave Chart Netflix (NFLX) Elliott Wave Chart NFLX Video Source:https://elliottwave-forecast.com/news/elliott-wave-view-netflix-nflx-resumes-rally-3-waves-correction/","highlighted":1,"essential":2,"paper":2,"likeSize":13,"commentSize":2,"repostSize":3,"favoriteSize":0,"link":"https://ttm.financial/post/414795409080512","repostId":0,"isVote":1,"tweetType":2,"object":{"id":"222423b3539b4bbdaa62ac412a7ff492","videoUrl":"https://1254107296.vod2.myqcloud.com/b741d586vodhk1254107296/6fb467151397757907633413759/DGDy1gAg7e0A.mp4","poster":"https://community-static.tradeup.com/news/df81211b19a7ed090f318f5656e71aa6","desc":""},"viewCount":65343,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["A","C","NFLX"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":1077,"optionInvolvedFlag":false,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":414822767096168,"commentId":"414822767096168","gmtCreate":1742299422421,"gmtModify":1742377011274,"authorId":9000000000000482,"author":{"id":9000000000000482,"idStr":"9000000000000482","authorId":9000000000000482,"name":"Meroy","avatar":"https://static.tigerbbs.com/724960a405e3f3639cbc483ae4560891","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":414795409080512,"objectIdStr":"414795409080512","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"This analysis is detailed","text":"This analysis is detailed","html":"This analysis is detailed","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0,"disclaimerType":0},{"id":414825037120112,"commentId":"414825037120112","gmtCreate":1742299421298,"gmtModify":1742377011104,"authorId":9000000000000466,"author":{"id":9000000000000466,"idStr":"9000000000000466","authorId":9000000000000466,"name":"MR_Wu","avatar":"https://static.tigerbbs.com/67592890bebcf079461acc4e4e6ba6f6","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":414795409080512,"objectIdStr":"414795409080512","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Interesting indeed","text":"Interesting indeed","html":"Interesting indeed","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0,"disclaimerType":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/414795409080512"}