Entertainment company Netflix Inc. remain in a corrective trend at around 1202.00.

Growth is possible.

On the daily chart, the upward third wave of the highest level (3) develops, within which the wave 1 of (3) formed. Now, the correctional wave 2 of (3) has ended, and the wave 3 of (3) has started, within which the correctional wave ii of 3 has formed. If the assumption is correct, the asset will grow within the wave iii of 3 to the area of 1500.00–1600.00. In this scenario, the critical stop loss level is 1180.00.