NFLX/ NETFLIX: New ATHs could be closer than people think.

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NFLX/ NETFLIX: New ATHs could be closer than people think.Netflix, Inc.BATS:NFLXKingsii13What is good, Netflix is starting to look extremely promising from a macro perspective. We currently have 2 clean taps within the range, followed by solid range acceptance, while price is simultaneously reacting from a key support region. That's exactly the type of behavior I want to see before looking for the next expansion higher. All that is needed now is the 3rd Tap. If the structure continues to develop and confirms the model, the upside becomes very interesting: ~80% potential toward new ATHs. The structure is building. Now I want to see price confirm that it's ready to expand. NFLX back into price discovery could get aggressive very quickly.