Short term Elliott Wave view suggests the rally to $299.5 in Netflix ($NFLX) ended wave 2. From there, the stock resumed lower and ended wave 3 at $252.03. Internal of wave 3 unfolded as a 5 waves impulse Elliott Wave structure. Down from $299.5, wave ((i)) ended at $287.45 and wave ((ii)) bounce ended at $293.81. The stock extends lower and ended wave ((iii)) at...
You don't really need a university career on economics to learn how to trade stocks like Netflix NFLX, you don't need to buy dozen of books on trading strategies, economics and fundamental analysis on how well a certain company has performed in the last quarter or in the last year. You can learn how to trade stocks like Netflix NFLX by simply locating the...
Watching this falling wedge for a small move to the 61.8% fib target. It's a counter-trend trade so it's tricky. I'm taking my profits fast and will look for a longterm short after. Will only use a stop buy order to get myself in the trade, else will skip it.
Elliott Wave structure in Netflix shows an incomplete bearish sequence suggesting the stock should continue to see selling pressure. On the chart below, the rally to 316.59 ended wave 2. The stock has extended lower in wave 3 with the internal unfolding as 5 waves impulse Elliott Wave structure. Down from 316.59, wave ((i)) ended at 288 and wave ((ii)) ended at...
just buy netflix fight now on 339 and stoploss 303 takeprofit 470
I think that Netflix’s statement about filming such a film is a continuation of the market, a massive advertisement for the entire crypto Netflix makes a new documentary about altcoins. In film: Vitalik Buterin (founder of Ethereum) Jihan Wu (Founder Bitmain) Justin San (founder of Tron) Yee He (Founder Binance) Charles Hoskinson (founder of Cardano) Sunny Lou...
I like this movie company, best movies here, btw did you see the very well filmed "Murder Mystery"? Adam Sandler, Jennifer Aniston and NetFlix, thank to you! I recommend you to see this movie. As well, Irishman 2019 (Martin Scorsese) is coming this year... Oh I feel that NFLX will be the biggest movie company within 5 years. I'm very bullish. Time frame: 1...
Even though being very sympathetic to the general idea of the worlds markets crash coming soon, i think one should not underestimate how; if we continue to have enormous increase in the supply of money and keep having rising prices; there is literally no reason for stocks to start falling. Just like gold, baseball cards, old computer games and records. Prices will...
Best way to trade Netflix is to wait. 1. Wait for it to break $387 to buy 2. wait for around $341 to sell.
Found many times support on the 0.618 fib Could go and test the 0.786 around $380 Little chance for a dip to around $360 to retest trend line and 50ma Would only buy more then :)
Volume is getting lower and lower. 5 waves within the C is finished and we have a 1:1 extension of A-B. That means we are nearing us a end of the little long run we had. My target for this mini short is 310 Keeping a SL at 358,5 would be the best, as there is a slight chance of a 1.272 extension. After that we should see a drop to the above target.
Since we already had a ABC downtrending. We got our corrective wave up hitting near the 0.618-0.65 extension. (350-355) I expected that we would encounter some sort of resistance there as corrective waves usually end there. By doing a simple RSI 4H analysis, we can see that we have a bearish resistance at the top of the RSI, which suggest we should expect a...
Netflix’s stock analysis for today is examined using a 6 hour timeframe. Attention is paid in particular ~6 months of market action from a high of $419.75 July 18, 2018 to current date. Retracement in the bullish trend from $419.75 up to ~$232.19 saw the price of Netflix break below not only its long term bullish trendline, but also below the bearish channel as...
Indeed
In this chart we are looking at Netflix on the daily timeframe, you can see that although price is in a downtrend it is also coming down and testing some very strong support, the price has tested and bounced off this support before ( purple circles ) Price is also nearly at the tip of a wedge formation, a breakout of this wedge in a bullish way will see price...
Netflix just completed the whole ABC correction The 5th just hit the low at 249 USD, and now we will be looking for our target at: 386 USD, where the B is.