Netflix is trading near levels that could make or break the streaming giant

Given that NFLX is always the first large-cap growth stock to report earnings, both its results and the stock's initial reaction tend to be closely scrutinized — especially today, following the sharp decline so far on Wednesday. We've highlighted this chart many times over the past year for clients because NFLX has repeatedly formed bearish patterns that have failed to follow through to the downside. In fact, every apparent breakdown has turned into a bear trap, sparking powerful reversals in the opposite direction. Now, however, the stock is trading back below the July and late-September lows — levels that previously produced strong rebounds. With a noticeable "air pocket" of light support beneath this area, that zone could be tested quickly if momentum continues to unravel. The key quest