NFLX is still in a weekly downtrend with declining 10-, 20-, 30- and 42-week averages, and its declining 20-, 50- and 200-day averages leave it a mess with little hope. 65 is important; only a drop below it on large volume could break support and prompt a small capitulation bounce.

But that might help you with the analysis of this not-so- pretty Netflix graph, which is probably good. There are a few slopes here that you can work with. Maybe a little too fast.

It is not exactly a beginner's chart. But they are publishing their figures tonight, and you have already found a few gems at key lows.

You ca n't talk about SpaceX and the profit figures without asking for your opinion on Netflix. I know that we often talk about things that are in free fall and whose graph we know is broken.

I think that is all correct. But are there important levels on Netflix that you would want to look at? It has a better expected movement than SpaceX. So it is interesting for traders.

Let's clean up this big mess and start over. We have the orange anchor point for the year so far . We have a declining 10-, 20-, 30-, and 42-week moving average. So technically, on the weekly chart, it is still in a downward trend.

And I think that Ackman might have gotten involved in this again recently ? But there is that anchor point. So if we drop below 65, it looks like some buying opportunities might arise. I don't know what happened to that graph.

Anyway, we are currently at a level of around 65. So if we drop to that level , if there is a large volume flow, we could break through this bottom a little, and subsequently a large volume flow could hit the VWAP (Volume Weighted Average Price).

Then we might see a small upward capitulation movement. But with a declining 20-, 50-, and 200- day moving average, the stock is still a mess. So, to be honest, I don't see much hope for it. So yes, I think that 65 is an important level.