Beyond congestion, could move to monthly highs and beyond

After some very assertive upward moves, Netflix was setting up to test all time highs and set a monthly high before the market sell-off. Fib levels were useful to some degree but daily, weekly, and monthly resistance may be more reliable indicators shown by the congestion zone highlighted in yellow. Entry above $518 may get caught in the congestion zone, whereas entry above $532 should be safe to reach the first fib target, hopefully moving beyond the monthly breakout level and to all time highs.