$NFLX | Weekly Chart

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$NFLX | Weekly ChartNetflix, Inc.BATS:NFLXMike_Trading_Netflix enters the shortlist this week. A potential buy zone is approaching, with momentum indicators turning interesting. My custom indicator The Wave is flashing a potential long setup, right around the $1,000 area, maybe slightly above. Earnings are already behind us, which clears the way for clean price action. The long-term uptrend that started in late 2023 remains intact. Bullish structure still in place and a possible setup forming for patient swing traders. Let’s see how this zone reacts in the coming weeks.