Pullback within an uptrend.

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Pullback within an uptrend.Netflix, Inc.BATS:NFLXZanokuhle_CapitalNetflix is currently trading near a major confluence support zone, defined by Long-term ascending trendline support Horizontal demand zone near $70–75 The stock previously rejected at $130 and is undergoing a healthy correction. A sustained hold above current levels would support a continuation toward $100 and eventually retest of highs. A breakdown below $70 would invalidate the bullish structure and introduce downside risk