jvilanova

jvilanova

It’s been in this sideways range for 12+ months now. And whenever any stock gets stuck in a range for a while, once it finally breaks out of that range, it usually sees a powerful move. Netflix stock spiked to a record high of 593.29 on Jan. 20th 2021, the day after its fourth-quarter earnings report. Wall Street analysts were cheered by the company's improved...

jvilanova

It seems that the Amazon death cross could be quickly averted. A death cross is the exact opposite of a golden cross and has bearish implications. The fact the death cross may be unable to sustain itself has tremendous bullish implications. Read about Trading the Golden Cross @ www.linkedin.com

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Shares of Amazon.com Inc. rose Tuesday, enough to suggest a “breakout” technical rally ahead of the e-commerce giant’s earnings report after the close. After a sharp climb off the March lows, as investors saw Amazon as a beneficiary of COVID-19-related lockdown measures, the stock had been consolidating within a narrowing range over the past several months. That...

jvilanova

Netflix stock ripped higher Today. Can it continue? The charts give us a hint.

jvilanova

Pattern: 1D Channel Up. Signal: Bullish as the price broke the 58.80 Symmetrical Resistance, which (excluding the Saudi attack on September 16th) has been holding since July. Target: 61.00 (1st 1W Resistance) and if the Lower High trend line (red bold) of the Descending Triangle breaks, 63.50 (2nd 1W Resistance).

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Natural gas prices at henry hub continued its march lower on Tuesday, breaking down below contract low and dropping nearly 3%. Warmer than normal weather is expected to cover most of the United States for both the 6-10 and 8-14 day forecast according to the National Oceanic Atmospheric Administration. Natural gas prices broke down further on Tuesday after forming...

jvilanova

From False Breakdown (Disney + News) to a Potential Breakup?

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The technical price pattern highlighted on the above NFLX stock chart is a cup and handle pattern. A cup and handle price pattern is created when a significant level of price resistance prevents the stock price from advancing beyond it. In this case, the level of price resistance currently resides at $360. This inability to move beyond a significant level of...

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The uptrending channel in CGC gives us a confidence band that the price action is likely to stay within until the trend eventually changes. So far, every test of trendline support on the way up has provided CGC bulls with a low-risk, high-reward buying opportunity for shares. In other words, it could be a " buy the dips ” stock. The current resistance level is ...

jvilanova

The uptrending channel in CGC gives us a confidence band that the price action is likely to stay within until the trend eventually changes. So far, every test of trendline support on the way up has provided CGC bulls with a low-risk, high-reward buying opportunity for shares. In other words, it could be a " Buy the Di ps" stock. The current resistance level is ...

jvilanova

Netflix Break The Downward Trend Entertainment giant Netflix (NFLX) is scheduled to report earnings on Thursday, Jan. 17, and investors are hoping the results will confirm the liftof the stock out of its downward trend. The stock got a boost Today when Netflix raises prices on all streaming plans in US caused the stock to jump more than 5% in the early going,...

jvilanova

Entertainment giant Netflix (NFLX) is scheduled to report earnings on Thursday, Jan. 17, and investors are hoping the results will confirm the lift of the stock out of its downward trend. The stock got a boost Today when Netflix raises prices on all streaming plans in US that caused the stock to jump more than 5% in the early going, but this there could be some...

jvilanova

The stock has been rising along a bullish uptrend since the middle of August. But so far technical resistance around $375 has not allowed the stock to advance further. The uptrend and the resistance level have created a bullish technical pattern known as an ascending triangle. Should the stock price rise above $375, as the pattern suggests, it would signal a...

jvilanova

Breakout Confirmed. For a break to be considered valid, it should be on a closing basis. Some traders apply a price (3% break) or time (sustained for 3 days) filter to confirm validity. The breakout should occur with an expansion in volume, especially on upside breakouts.

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Trade active: Breakout Confirmed. For a break to be considered valid, it should be on a closing basis. Some traders apply a price (3% break) or time (sustained for 3 days) filter to confirm validity. The breakout should occur with an expansion in volume, especially on upside breakouts.

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NFLX -1.01% Intra-Day -0.26% Symmetrical Triangle, with a potential breakout Today !! The symmetrical triangle, which can also be referred to as a coil, usually forms during a trend as a continuation pattern. The pattern contains at least two lower highs and two higher lows. When these points are connected, the lines converge as they are extended and the...

jvilanova

Netflix won't go down with the ship. The streaming giant hit its record high on Tuesday, June 19, despite the market plunging after President Donald Trump announced a possible $200 billion in tariffs on China, on top of the $50 billion already enforced. Early Tuesday morning, Netflix received multiple price target bumps from bullish analyst firms: GBH Insight,...

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Double Breakout from the Symmetrical Triangle and Ascending Channel