The NFLX weekly chart shows a strong bullish rally from early to late 2024, marked by higher highs and lows. The price pushed above the upper Bollinger Band in late 2024, signaling overbought conditions. After peaking near 1059.60, signs of exhaustion appeared with smaller candles and growing selling pressure.

A correction began in February 2025, with a string of bearish candles. The most recent is large and breaks below the middle Bollinger Band, now testing key support around 816.99, a previous consolidation zone. Increased volume confirms strong selling momentum.

MACD is turning bearish, with a declining histogram and lines nearing a crossover. The breach of the mid-Bollinger Band adds weight to the downside risk unless buyers defend the 817 level.

Market Observation & Strategy Advice

1. Key Support. Price is nearing strong support around 817. A bounce is possible, but a break could lead to the mid-700s.
2. MACD Turning Bearish. The MACD is weakening, with a potential bearish crossover signaling more downside.
3. Bollinger Band Breakdown. Price has fallen below the 20-week average, hinting at lost momentum. A close below the lower band may trigger further selling.
4. Wait for Confirmation. Aggressive entries may watch for reversal near support, while cautious traders should wait for MACD or price confirmation.
5. Risk Management. Volatility is high—use tight stops and avoid premature long positions. Next candles will be key.

Market Performance:
Stocks       Last Price       % Change
TSLA          252.40            −7.27%
AAPL          190.42.            −4.24%

Today’s Key Economic Calendar:
UK: GDP MoM
US: PPI MoM
US: Michigan Consumer Sentiment Prel