Core Viewpoint - Netflix has experienced a significant decline of nearly 9% in the last week and over 13% in the past two months, but there are indications that it may soon see gains [1]. Group 1: Stock Performance - The stock has shown two types of weakness: one that can be taken advantage of and another to avoid [1]. - The first chart indicates a well-defined trend line where the stock has repeatedly bounced back, suggesting potential for recovery [2]. Group 2: Market Analysis - The final chart presents a judgment that indicates an upward trend, although some analysts believe it may break the trend line [2]. - The stock is currently down approximately 23% compared to the market, which is viewed as a weakness that could be exploited [2].
Chart Master: Take advantage of weakness in Netflix