Netflix $NFLX is still bearish after completing a double top in June/July.NFLX Daily Chart(click to enlarge)Support:- Price is now sliding into a previous consolidation area. - I think we can anticipate support in the middle of this consolidation range, where we also saw some support pivots. - Also, the RSI is riding up towards $300. When price approaches this area, the market would likely see the 200-day SMA as support.- Meanwhile, the RSI is probably going to go below 30. IF a bullish divergence develops as price traders around $300, we can have more confidence of support here.- If price falls through $300, we can look fro support in the $270-$280 area, a key support/resistance pivot area. - One strategy that comes in mind is to average in from $310 down to $270.