Purchased Puts in Netflix (NFLX) at stock price of $382.50 (solid yellow line marks purchase point). Bought to open (BTO) Strike: 310 Expiration: 20 May 2022 Potential seen for stock price drop to $355 range.
Hi there, Netflix has seen CRASH and it bounce back but lost momentum. As you can see on the CHART. NETFLIX may go to MAJOR SUPPORT LEVEL DOWN DOWN DOWN Kind regards
Netflix parabolic arc retracement, Parabolic Arc patterns return to at least 50-62% of Prior rise in correction mode A Close below 510 will bring the targets of 435//363/272 Targeting the .486 fib below this the .618 fib. Netflix has had a few years of spectacular growth and has been the clear winner in the streaming wars for many years. The competition is...
I believe many of the large cap stocks in the market are going through large distributions. This is my take on Netflix ($NFLX) using Wycoff Method and his Distribution Schematics. There could be signs of recovery, but unless they have intense volume they will likely be Bull Traps. If the upward movement is on relatively low volume that is a sign of continuation to...
If you haven`t shorted the top at my last call: then you can see NFLX reached a strong support area and it`s now consolidating. In 2021 insiders sold around $500Mil worth of shares. The buy opportunity area is $350 - $385 in my opinion if you want to long it once again. Looking forward to read your opinion about it.
Netflix - Intraday - We look to Sell at 642 (stop at 665.4) Selling pressure dominated price action yesterday and we expect this to continue today. Posted a Double Top formation. The continuation lower in prices through support has been impressive with strong momentum and shows no signs of slowing. As this corrective sequence continues we look to set shorts on...
Could be a good opportunity to start buying at $495.
I love watching Netflix. The share price has declined, and in fact we are negative on MA-10 vs. MA-30. Further, we are inside the open cloud, and below a trend line of the cloud at $ 657. Even though, we may be slightly oversold I feel that we should SELL into rally below $ 650 when seen. The stop should be placed above $ 675 to be on safe side, and the profit...
Is NFLX Netflix heading for a Head and Shoulders Bearish formation Chart Pattern? My price target is the 628usd resistance. I look forward to read your opinion about the price movement.
Price has recently broken a 100 day up trendline and is currently retesting it at the $660 level. If price can hold this level as resistance, then we might see a push down to $645-$625. Or price can get pushed back into its trend. Who really knows bruh...
Technical analysis: the price has reached a historical resistance , with a bearish divergence signal on the RSI indicator , this could lead to a re-test of the yellow zone located between 580$ - 560$ Fundamental analysis : NETFLIX'S PE ratio is relatively high compared to tech industry with respectively 65 for netflix and 25 for average tech industry's PE ratio...
this week ntflx will go down to 600 for the first day we can use 620-615 as a taking profit area .
Entry price: 610-615$ Target price: 575-580$ Stop loss: 620-625$ Bollinger Bands: The price is approaching the upper band. RSI: Indicator is approaching 70 level, therefore the market is near to be overbought. Fibonacci Retracement: The price is approaching the resistance level (Fib 1.618 level). Conclusions: Bollinger Bands and RSI suggest the trend reversal in...
Stock Market Trading is dangerous and non profitable for most of you out there. Follow signals, make money. Period. How to use my signals? LONG: Buy and hold as long as the price stays above the green zone. SHORT: Sell and hold as long as the price stays below the red zone.
Entry price: 559-569$ Target price: 502-510$ Keltner Channel: the price crossed the upper boundary. RSI: indicator crossed 70 level, the market is overbought. Therefore, the bearish movement might occur. Conclusions: RSI and Keltner Channels suggest the trend retracement. The short position is recommended after the price rejects from the resistance level. no...
It will continue in a downtrend until reaching the support area At 333.69 & 295.20
Been in this netflix trade a few days now. Do we think it'll continue down to the TP line? No one knows that for sure! Trade details are shown on the chart. We're only looking for TP3. It's been close already! But we stick to the back tested proven objective plan. Trade history can be seen below this trade idea too for full...