NFLX is setting up for another gap down open next week Quite bearish action here, no longs for me until Jan gap close is closed
Following our last analysis, Netflix has precisely achieved the forecasted targets, with the wave ((iii)) extending to 227 to 261%. This suggests that a correction towards wave ((iv)) might be imminent, expected to range between 38% and 61.8%, thus laying the groundwork for a wave 5 and the culmination of a significant cycle in the form of a potential wave...
NASDAQ:NFLX It bounced right off weekly support and monthly support target is 627 Support on 4h as well it's going to break above cpr 620 level if it doesnt stop loss is 610
NASDAQ:NFLX looks like it's setting up for a final move into resistance. It just broke above resistance and reclaimed it as support. Now the final thing it needs to do is break up above the trendline. If it can do that, then I think we'll hit one of the final two resistance targets. Let's see how it plays out.
NASDAQ:NFLX has shown some decent strength recently after an earnings report. It has held the gap below as support and recently broke out of the consolidation. It is also good to point out that it retested the prior high and we can see it is an area of support. Looking to play it safe here and take it long over the $600 whole number!
This idea is an update to my original idea "Earnings Pop to 520" (see link). NFLX needs to make a sustained break above 569 to initiate the next move higher to 585 (minimum target). Once we get this break it will take the following path - expected path is the black arrow: - Run to 585 (by 2/2/2024 earliest, 2/9/2024 latest) - Pullback to test 577 for...
In its past NFLX got through the Covid downturn with only a 10% correction, then went through a rise into a year of consolidation and finally another big trend up which reversed badly in Winter 2021. After a business model adaption and modification of subscriptions and password/account sharing protections, price has made great gains. On the weekly...
We had a great bull flag setup going into the earnings. Now the target got hit, will be watching for a retracement into early Feb and another push higher into Feb OPEX Nothing bearish here to even try taking a short trade. There is still one more gap to close above the price, should be hit first before reversal starts. Also the price might just...
Introduction: We are calling all savvy traders! Brace yourselves for a groundbreaking announcement that has the potential to reshape the entertainment industry as we know it. Netflix, the streaming giant that has revolutionized the way we consume movies and TV shows, is now stepping into the realm of video game streaming. This exciting move will diversify...
NFLX on the 2H chart is rising with the shortest EMA rounding up . Price is now above the POC line of the volume profile showing buying pressure has extinguished bearish momentum. The RSI indicator shows RSI to have trended down into oversold territory. Fundamentally, NFLX revenues have increased with the household password crackdown. Traders and...
After the filling and rejection of the gap left by the market in the bullish trend we will see a reversal to fill the gap of the dump of the price - ''GAP'' is a better trading opportunity take advantage of it - Trading is probality control you risk management Good Luck !
Looks like NASDAQ:NFLX wants to hold its median band (red) on this pitchfork. I expect higher prices to run up into earnings. Could see as high as 450, but a safer bet would be a bounce back to 430+ prior to earnings on July 19th.
According to a recent report by a research firm, Netflix has added a significant number of subscribers after their password crackdown. This is excellent news for investors as it shows that Netflix is taking proactive measures to protect its content and attract new subscribers. As we all know, a growing subscriber base is crucial for the success of any streaming...
▪️ Hello everyone The possible trend is indicated on the chart. If the support range of 360$ is maintained, in the long term, the possibility of price growth up to the liquidity range of 457$ and the price range of 500$ can be considered.✌ ❎ (DYOR)...⚠⚜ What do you think about this analysis? I will be glad to know your idea 🙂✌ IF you like my analysis please...
Yesterday's breakout above the VCP setup and the stock's close near its day highs could potentially signal a renewed up trend after a long consolidation period. The VCP build up and breakout comes after the stock successfully traded above its 200 day MA for over 6 months. With a stop below yesterday's low (more aggressive stop) or the most recent higher low...
Idea: Long Horizon: 2-3 weeks Target 1: 349,74 Target 2: 363,82 Target 3: 379,19 Potential of the idea: 10% Stop order: $ 314,2 Technical analysis The price structure is in an upward movement, forming a ‘triangle with a squeeze’ figure along the trend, accordingly there is a high chance of continuing the upward movement. It is better to consider entering a...
$NFLX is currently testing the bottom of daily uptrend and just breaking back above the 200EMA. It's likely to bounce here and extend to the $314.30 PL. Please see chart and video for more details Warning the overall market is bearish so trade accordingly.
I think we just saw the short term lows for Netflix. My bias leans towards one more high before we see the market roll over. $180-184 should be the target and it should play out before March 3rd. Let's see...