Netflix’s Make-or-Break Moment in a Symmetrical TriangleNetflix, Inc.BATS:NFLXisahebdadiThe Netflix (NFLX) daily chart is showing a symmetrical triangle pattern. This usually forms before a strong breakout, and right now price is sitting at a decision point. 🔎 Short-Term Outlook (1–3 weeks) Pattern: Symmetrical triangle around $1,200 Bullish Scenario: A breakout above the upper trendline ($1,230–$1,240) could trigger strong buying momentum. Targets: First target: $1,300 Second target: $1,350 Stop-loss: Below $1,180 Bearish Scenario: A breakdown below the lower trendline ($1,190) may lead to increased selling pressure. Targets: First target: $1,120 Second target: $1,050 Stop-loss: Above $1,240 🔎 Long-Term Outlook (2–6 months) The overall trend since late 2024 has been bullish, with the 50-day moving average still supporting price action. Bullish Scenario: A confirmed breakout and consolidation above $1,240 could pave the way toward: First target: $1,400 Second target (long-term): $1,500 Bearish Scenario: If the triangle breaks downward and price holds below $1,150, the medium-term bullish structure could collapse. Targets: $1,050 $950 (key long-term support) Stop-loss (long-term): Below $1,150 📌 Summary: In the short term, the $1,190–$1,240 range is the key decision zone. In the long term, the bias remains bullish unless price loses $1,150.