Netflix Wave Analysis – 21 July 2025

Netflix: ⬆️ Buy

– Netflix reversed from support zone

– Likely to rise to resistance level 1275.00

Netflix recently reversed up from the support zone between the support level 1200.00 (which stopped wave 4 at the start of June), lower daily Bollinger Band and the upper trendline of the daily up channel from October.

The upward reversal from this support zone stopped the earlier downward impulse wave C from the middle of July.

Given the strong daily uptrend, Netflix can be expected to rise further to the next resistance level 1275.00 (top of the minor correction B).

Source: https://fxpro.news