Market Status: NFLX is in severe oversold territory! Trading at $80.78, well below all major EMAs (9: $82.57, 50: $92.32, 200: $103.11). This is a significant downtrend with the stock down over 20% from its 200 EMA.

Technical Indicators: RSI at 25.59 signals extreme oversold conditions approaching our bounce threshold. MACD remains negative at -3.47 but histogram is flattening, suggesting momentum may be stabilizing. The stock is testing critical support levels.

Key Levels: Support at $79.23 (recent low), Resistance at $83.30 (Feb 5 high). A break above $81.50 could trigger short covering.

Prediction: Given extreme RSI and flattening MACD, we expect a relief bounce tomorrow with a green candle. Week likely closes above Monday's open as oversold conditions attract bargain hunters.