NFLXPair : Netflix - NFLX
Description :
RSI - Divergence
Demand Zone
Rising Wedge as an Corrective Pattern in Short Time Frame with the Breakout of the Lower Trend Line and Retracement
Break of Structure
Completed " 12345 " Impulsive Waves
NFLX trade ideas
NFLX-SELL strategy Daily chartIt is clear we have some corrective action to clear; stochstic is negative, and GANN angles suggest we should see short-term $ 570 test and for long-term $ 510 area.
Strategy SELL current $ 635-645 and place SL above $ 695. profit order @ 570 for now, or be more patient for $ 525.
NFLX Weekly Trading Ranges 5/31Don't forget to follow Quantum Edge Analytics on X and IG.
NFLX Weekly Outlook
Upside Targets:
* 650.31--664.25--665
Downside Targets:
* 647--637.16--624.88
Daily Trend Tracker -
*NFLX- *DXY- *VIX+ *US10Y+
NFLX: Rising Wedge (Short Term)Key Points: NASDAQ:NFLX
1. A raising wedge pattern is used to identify possible trend reversals.
2. It is considered a bearish pattern.
3. It signals that the buying momentum is slowing down.
resistance - 666.56
support -637.88
N.B:
I am skilled in day and swing trading. Otherwise, I am skilled in technical analysis such as trend, chart pattern, trade set up, entry and target set up, resistance, support, etc.
NETFLIX Bullish break-out eyeing $725.00Netflix (NFLX) has established trading above the 1D MA50 (blue trend-line), turning it into a Support following the rebound since May 01. With the long-term pattern since June 14 2022 being a Channel Up, similar bullish break-outs above the 1D MA50 (blue circles) have been the start of Bullish Legs.
Even the 1D RSI has been very consistent at identifying bottoms. The last two Bullish Legs topped after the price hit the 1.786 Fibonacci extension level. As a result, we remain bullish on NFLX, targeting $725.0 (the 1.786 Fibonacci).
Flashback to our previous idea:
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NFLXPair : NFLX - Netflix
Description :
Double Top
Resistance Level
Completed " 12345 " Impulsive Waves
Impulse Corrective
Break of Structure
CHoCH
NFLX: Rising Wedge(Short Term)/ Date: 26.05.24Key Points:
NASDAQ:NFLX
1. A raising wedge pattern is used to identify possible trend reversals.
2. It is considered a bearish pattern.
3. It signals that the buying momentum is slowing down.
4. Around 644 - may act as a resistance.
5. Around 605 - may act as a support
Notice :
looking for a job
------------------------
Is Your company hiring an assistant day & swing Trader/ assistant technical analyst/ assistant equity analyst?
I am a day & swing trader, freelancer technical analyst & equity analyst. Now, I am looking for a job .
Skills: Chart analysis, Trend identification, Price pattern recognition, important support and resistance levels identification,
Set up trade idea ( long /short),
Set up entry and target price.
Valuation, making analysis report etc...
Experience: 5 years.
NFLX: Rising Wedge Pattern/ Date:26.05.24Key Points: NASDAQ:NFLX
1. A raising wedge pattern is used to identify possible trend reversals.
2. It is considered a bearish pattern.
3. It signals that the buying momentum is slowing down.
4. Around 644 - may act as a resistance.
5. Around 605 - may act as a support
Notice :
looking for a job
------------------------
Is Your company hiring an assistant day & swing Trader/ assistant technical analyst/ assistant equity analyst?
I am a day & swing trader, freelancer technical analyst & equity analyst. Now, I am looking for a job .
Skills: Chart analysis, Trend identification, Price pattern recognition, important support and resistance levels identification,
Set up trade idea ( long /short),
Set up entry and target price.
Valuation, making analysis report etc...
Experience: 5 years.
$NFLX $640 on daily?Price has been consolidating between $615~$620 range. Last week price has been managed to close above $620. It showing bullish divergence on RSI and as well as William% range. $640 should be possible near term target as price will be moving though volume gap.
NFLX break of structure longNASDAQ:NFLX
Thesis- Netflix was trading in a 6 day range below a key resistance level. Friday it appeared to attempt to breakout. Today I was willing to take NFLX calls at 620.84 and adding to my position at 622.99. I was extremely confident that above 623 we would trade up to 630 and 633.54.
Entry- I entered on the 5m higher low at 950ET. This was a high probability entry because it formed a retest of the 620.84 level and our open print level. Once 622.99 broke it was rocket time. 10:30ET 15m higher low provided opportunity to add to my position.
Calls over 100% from entry. Trade played out exactly as I was hoping.
My favorite setup to trade is a break of structure with a high R ratio. I want at least a 5R potential to even consider it. This allows me to keep my losses small in comparison. If there are no available 5R+ trades then I will not take a trade. The name of the game is small losses big wins.
Vibranium Capital raised NFLX PT from 688 to 1000+🔥📺Boost and follow for more ❤️🔥
there is many reasons other than the chart, 40M monthly active users 📈 Up from 5M a year ago.. Netflix is getting into live Comedy shows, and live boxing?! curveball but a love it. Also the live action anime they have been putting out is really good! that will bring a ton of subscribers from other countries.
don't be surprised if my 1000 target hits in the next 6-12 months! time will tell :)
NFLXNetflix (NFLX) is trending downward, so caution is advised for long positions, especially considering tomorrow's at 10 am NY release of U.S. leading economic indicators.
NFLX Anti Setting Up In The WeeklyThis is bit longer term and I took a short to downside using a credit spread. The trapped buyers should have gotten out with some cash or at least breakeven.
NFLX Puts - Daily SZBuying Puts on NFLX once daily supply is hit. Entering using either a single leg or a debit spread to reduce risk & cost of trade. Larger target down to 505 on the single leg, target down to 560 on the debit spread
NFLX looking to Gap fill to the upsideNFLX on the Daily time frame seems to be going for gap fill to the upside now.
Immediate targets would be 585/590 and 605 eventually
Stops below 573
CMP 581 (pre-market)
Netflix FlexThis is not a flexing of the imagination project. You basically take a set of simulated projected potential future scenarios which also contains potential simulated future pivot points, or inflection moments, then you simulate a bunch of geometric objects which are basically just math functions, and you end up selecting the objects that hit the most points in the simulated scenarios, while also applying an algorithm that tries to select the most artistic of them all (/for the human eye).
In other words, this project is trying to catch at any of the elements in the snapshot: pivot points, turnarounds, bounces, reversals. These can be traded with Japanese Candlestick patterns, if such patterns occur at any of the shapes, with exit strategy using SL below the low or above the high of the entry signal candle. Best advised in this project to use quick trailing stop and securing profits or break even exit, because quick reversals in sentiment, zig zags, bounces, might occur, and are actually highly expected in the further evolution of this market.
You don't need to believe in the power of the nen math, therefore it is not required for you to risk your own money in this journey. Be skeptical, but give this project a chance. Grab your popcorn, sit back, relax, and enjoy the ride in this binge worthy experience.
Spoiler alert: surprises are coming. While nen principles strongly agree to the concept of not letting yourself be fooled by randomness, we also support a thorough investigation of the phenomenon of repeated coincidences and occurrences that might defy, or at least challenge, the basic laws of random events distribution in the context of the law of large numbers.
Big numbers coming ahead in this one.
NFLX is at the support of the POC line LONGNFLX on a 120 minute chart currently has price sitting on the POC line confluent with the
Fibonacci 0.5 level on the previous trend up that was before the trend down from around
the time of an earnings beat which was a disappointment because traders somehow expected
better. There is been some disappointment about NFLX keeping some of its subscriber trends
private. Not a surprise. Price has put in somewhat of an inverse head and shoulders or triple
bottom. The Lux Algo forecasting indicator expects a move up. I will take a long trade here.
I believe that this is a buyable dip.
NFLX is setting up for another gap down open next weekNFLX is setting up for another gap down open next week
Quite bearish action here, no longs for me until Jan gap close is closed
Netflix Once you realize you are in a correction, you can either:
1) Stick around and hope it resolves upwards
2) Exit and let the dust settle
The second option is NEVER wrong.
#nflx #netflix #nasdaq #ndx #tsla #tesla #intel #intc
A good place to buyWe see a bearish divergence in place. The stock might dip a bit further and the green rectangle represents a good buy.
NFLX 2024-04-22 probably found the support at $550NASDAQ:NFLX probably bounces up from here. If it could fall down more, $495 is the next support. Low-risk entry can be placed here at around $555, with stop at $535. However, the market is too volatile, it's better for wait for more consolidation.
Note: Do it as your own risk, this is not financial advice.
NFLX-SELL strategy weekly chartAs I have mentioned a few times, the share should move lower and the catalyst of non-reporting of new subscribers next year, did the trick. Lesser disclosure, means the market will not like it.
For now, we had a large decline, and there will be some minor recovery for a SELL strategy again.
Strategy SELL @ $ 575 - 590 and place SL above $ 650 and take profit @ $ 475.
NetflixNetflix 3 month Outlook for a bottom around 160. #netflix #nflx NASDAQ:NFLX #stockmarket #trader #investor
