The probability of growth remains.

On the daily chart, the ascending third wave of the higher-level (3) of C has formed, the correction as the fourth wave (4) of C has been completed, and the fifth wave (5) of C is currently being formed. On the four-hour timeframe, the initial wave of a lower-degree wave 1 of (5) has formed, while the correction completed as wave 2 of (5). If this scenario proves correct, the asset’s upward trend is expected to continue toward the 109.20–125.50 zone, with a critical stop loss level at 74.90.

Netflix Inc. shares, the American entertainment company and the streaming service for movies and TV series, are correcting at 82.00.