#NFLX - Weekly Timeframe

#NFLX
The middle line of the Bollinger Band has provided strong support for a recent bounce. However, there remains a significant chance of a deeper retracement toward the lower band, which aligns with the Weekly Order Block and Fair Value Gap cluster. This bearish outlook would be invalidated if a daily candle closes above the latest weekly high, in which case the upward trend is more likely to continue unfolding.