NFLX is currently idling at a critical support juncture of $71.35, creating a low-risk, high-reward entry point. While L4 momentum is still bearish, the extreme detachment between the current price and the $114 analyst target creates a fundamental vacuum for buyers. With IV Rank at a basement level of 10, the cost of entry for calls is negligible. We are betting on a technical bounce from L3 support to trigger a short-term rally toward $74. The convergence of low premiums and hard support outweighs the current bearish MACD trend.

Stop: $71.35 · T1: $73.84 · R:R 82