highhand
12-06

$Netflix(NFLX)$  

Still down trend. On daily and weekly charts don't have nearby moving average or swing low support. On monthly chart maybe got hope. There's a nearby 50 moving average at 96 bucks. 


I hope it drops to 80 bucks. That's my entry point. 

WBD Rejects PSKY, Backs Netflix: Is $100 Back in Play?
Warner Bros. Discovery said it has rejected a hostile takeover bid from Paramount Skydance. Instead, WBD reaffirmed its support for a previously announced strategic combination with Netflix, signaling a clear preference for partnership over a contested acquisition. Netflix shares saw a modest rebound. If a Netflix–WBD deal goes through, does NFLX have a clear path back to $100? Is the recent pullback a buy-the-dip opportunity, or does it make sense to wait for confirmation? Do you see this as a strategic win for Netflix, or a distraction with integration risks?
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