Good Afternoon Traders, NFLX short-term Elliott wave analysis suggests that the pullback to $335.67 low ended blue wave (2) pullback. The internals of that pullback unfolded as a Flat correction. Where red wave B bounce ended in 3 swings at $374.09 high. Down from there, red wave C unfolded in 5 waves impulse structure. And the initial decline to $360.01 low...
Hello Traders, NFLX short-term Elliott wave view suggests that the decline to $310.84 low ended red wave “IV” pullback. Up from there, red wave “V” can have started but a break above $423.21 6/21/2018 high remains to be seen for final confirmation. Above from $310.84 low, the rally higher $374.57 high ended blue wave (1). The internals of that rally unfolded in...
Hello Traders, NFLX short-term Elliott wave view suggests that the decline to $310.84 low ended red wave “IV” pullback. Up from there, red wave “V” can have started but a break above $423.21 6/21/2018 high remains to be seen for final confirmation. Above from $310.84 low, the rally higher $376.81 high ended blue wave (1). The internals of that rally unfolded in 5...
Netflix have stated some very interesting news and forecasts for the rest of this year, based on the fundamentals and technical analysis we can only see this stock going 1 way in the future.
With internet video consumption increasing Netflix is in a pretty strong position with only potential positive news that can prop it up. Therefore a market wide tech dip is an opportunity for a short term trade to go long and sell at the previous high
NetFlix #NFLX american stock is creating a brand new weekly demand level around 226.50. Previous weekly demand imbalances around 186 and 147 have played out nicely. Waiting for a retracement to this potential new imbalance to go long again. Long bias with brand new demand levels being created at all time highs scenarios.
Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) Best regards :) Aaron
Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) Best regards Aaron
Take care & analyzed it again - it`s always your decission ... (for a bigger picture zoom the chart) Best regards Aaron
Probably NFLX is one of the shares with the most exciting bullish perspectives !? 133.27 (2015/12/07) is the actuallity all-time high price level 129.29 (2015/08/05) was the 1st all-time - summer last year 111.85 (2016/06/14) was the high in june this year before pressure appeared An BreakOut above 133.27 should generate a mid-term buying signal & a BreakDown...
Look for reversal on MACD before buy. I haven't even subscribed to NFLX since the summer, I bought right before gap down (15%) and have been stubbornly using HULU ever since! However, the case could be made to be bullish ST, bearish LT.
If it breaks out of the current range its in, you can look for top side, all the way up to 600 pips. Lets see.