The probability of decline remains.

On the daily chart, one can see an ascending third wave of a higher level (3) of C, and a correction is developing as a fourth wave (4) of C, within which wave A of (4) is being formed. On the four-hour time interval, the third wave of the lower level iii of A is coming to an end, and, if the assumption is correct, then after the completion of the local correction as the fourth wave iv of A, the decline of the asset will continue to the area of 82.00–76.00. The level of 98.00 is critical and stop-loss for this scenario.

Shares of Netflix Inc., an American entertainment company and streaming service for movies and TV series, are trading at 90.00.