$Netflix (NFLX.US)$ NFLX price action looks weak on the surf...

NFLX price action looks weak on the surface, but the structure tells a different story.
After earnings, retail money absorbed the initial institutional selling (post buyback pause), holding price despite heavy pressure.
Over the last sessions, price drifted lower while volume and large block activity increased — a classic sign of accumulation, not distribution.
This looks less like a bull trap and more like a successful stress test of the base.
I’m watching this as a potential medium-term recovery play, not a momentum chase.

This is not about predicting upside — it’s about recognizing when downside risk starts to asymmetrically compress.

Disclaimer: Just sharing my view, all content is for informational purposes only.