About six years ago, Netflix started the creating of a reverse triangle pattern, perfectly trading between the two trendlines. We already witnessed such a behaviour back in 2012 and following this previous bullish cycle, it is super likely that Netflix will head even higher.
This chart is just way too clean with Netflix perfectly repeating the breakout price action which we saw about a decade ago. Looking at the four digit level, Netflix would also be a perfect candidate for a 10:1 stock split which would lead to the final blow off rally.
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