If you haven't entered NFLX in the buying zone:
Then analyzing the options chain and the chart patterns of NFLX Netflix prior to the earnings report this week,
I would consider purchasing the 607.50usd strike price at the money Calls with
an expiration date of 2024-4-19,
for a premium of approximately $26.50.
If these options prove to be profitable prior to the...
Netflix has consistently set benchmarks and pushed boundaries. However, as the company gears up to report its earnings, a closer look reveals a nuanced landscape where subscriber growth is no longer a foregone conclusion. The once-lauded crackdown on password sharing, while initially boosting numbers, now presents a plateauing challenge. With the fervor of the...
Release time – Thursday on the market close (6 am AEST / 9 pm UK time)
Netflix is one of the preeminent trading stocks - where we often see big movement, a high propensity to trend and sizeable intraday high-low daily ranges that can appeal to the day traders.
With Q124 earnings due on Thursday and the possibility of another sizeable price catalyst, Netflix is...
As we step into the second week of the Q1 earnings season, a roster of major financial players is gearing up to unveil their financial reports.
Expect updates from Goldman Sachs, Bank of America, Morgan Stanley, American Express, Blackstone, and Charles Schwab.
Additionally, non-financial companies like UnitedHealth, Taiwan Semiconductor Manufacturing,...
REASONS WHY !!
Market Sentiment and Momentum:
Bitcoin soared in 2023, and experts predict further gains in 2024, potentially reaching $80,000.
Despite long-term optimism, Bitcoin experienced a recent dip.
Technical indicators suggest potential downside, but the market remains in a tug-of-war.
If buyers can push past the $44,700 resistance, a jump to $48,000 is in...
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...
Have you ever wondered what happens when a growth stock, well, doesn't grow anymore?
Netflix is, at the moment, just a few bucks (I mean billions lol) below the 100 B dollar market cap.
kinda big uh? it's like 100 unicorn start-ups together :D
Anyway, let's get to the point.
In the past, the company now considered OLD for us, the younger, simply exists, and they...
Nike’s stock looks bullish over the longer-term after breaking up from a falling channel pattern on the daily chart1.
If Nike receives a bullish reaction to its earnings print and remains above the 50-day SMA, the eight-day EMA will cross above the 21-day EMA, which would be bullish1.
Wells Fargo analyst Ike Boruchow added Nike to his top picks list, stating, "We...
Netflix (NFLX) has been trading within a long-term Channel Up on the logarithmic scale for the past 20 months. The trend is very aggressive to the upside and since the first Bullish Leg made a Higher High on February 03 2022 on a +130.30% rise, we do expect a similar % rally that would technically target a little below $800, so aiming at $750 would be a fair...
Momentum, Growth & Innovation: Updated Watchlist
www.tradingview.com
My updated trading watchlist includes a diverse range of companies across various sectors, prominently featuring technology, healthcare, and finance, among others. These companies, currently part of ARK Invest's holdings, are identified as being in a confirmed Stage 2 uptrend, indicating strong...
Great hourly double bottom shaped yesterday on Netflix chart. The context looks good: we are in the correction wave on daily with retracement ~50%. Broad market also recovered yetserday and looks strong.
I'll be defintely watching reaction near 586 level, where strong sell-off occured on Tuesday, with a goal to enter on the next hourly higher low
Date : 23 Feb 2024
Main Trend : Up
preferred Transaction : Buy
Reasons : mentioned on chart
Technical Analysis success at level : 684 $
Technical Analysis fail at level : 535 $
Netflix (NFLX) has gone a long way since our November 28 2023 buy signal (see chart below) that reached our $580 Target, giving more than +20% return:
As the price has been consolidating for practically 2 weeks, it is time to update our outlook for medium as well as long-term investors. The long-term Bullish Megaphone pattern that started on the July 13 2022...
Back in July 2023 NASDAQ:NFLX on earnings did a weekly price Spike across a major 50% Retracement level. I entered into a short trade on the stock which worked well for a few months until the market turned decidedly bullish in October and then the trade stopped out. The recent earnings pushed the stock price higher as Netflix net income is dramatically higher...
FAANG is an acronym that stands for five major, highly successful U.S. tech companies: Meta (formerly Facebook), Amazon, Apple, Netflix, and Google.
FAANG stocks' performance has a substantial effect on the overall market and comprises 15% of the S&P500 Index SP:SPX .
If you follow the financial or business news, you may have seen or heard the term FAANG...
Disney's recent move to license more TV shows to Netflix marks a significant shift in the streaming industry, bolstering Netflix's extensive content library. Historically, Netflix has heavily invested in content, spending over $17 billion annually at one point, to maintain its industry dominance.
However, Netflix has faced challenges like subscription fatigue and...
