NFLX has been beaten down to a critical support floor at 71.34, where buyers are finally stepping in. While the overall confidence is low due to a lack of trend confirmation, the combination of an oversold RSI and a bullish MACD shift suggests a dead-cat bounce is imminent. With IV Rank at 10, the risk-to-reward for long calls is skewed heavily in our favor. We are playing a technical snap-back toward the 76-78 range. The massive gap between current price and analyst targets provides a psychological tailwind for this short-term recovery.

Stop: $71.34 · T1: $76.66 · R:R 132