NASDAQ:NFLX I expect a bullish movement towards the 518 level if the resistance zone at the 503 level is breached and there are candlestick closures. Our support level is at 461. Like and comment if you find value in our analysis. Feel free to post your ideas and questions at the comments section. Good luck
Netflix was being accumulated well prior to the POP> Check out how Unusual Market Volume Detector Identified the BUYING after Price divergence on the 12th OCT.
It is profit booking for sure, there is clearly a Red TrapZone and Red UMVD in place for now. So only shorts are active now for Netflix. TrapZone and UMV combined together are complete automated technical analysis indicator package. You get to clearly see in Realtime the market trend strength and volume confirmation.
In a recent legal showdown, streaming giant Netflix emerged victorious in a California federal court, successfully defeating a shareholder lawsuit that accused the company of concealing the impact of account-sharing on its growth trajectory. The lawsuit, filed by a Texas-based investment trust in May 2022, sought damages for investors who purchased Netflix shares...
NFLX is staging a rebound on the 1D MA50 on a marginally bullish 1D technical outlook (RSI = 56.295, MACD = 4.710, ADX = 36.125). We don't consider this a buy opportunity as even if a slightly HH is made, the 1D RSI is showing a Bearish Divergence on a Channel Down, the same kind of bearish pattern that started the bearish waves in the two HH prior. Consequeantly...
Netflix appears to me to be completing a large cup and handle pattern. The initial peak of the cup appears at a price level of about $485 while the base appears to be at a low of $345. This price difference is $140, so I suggest the possibility that a new price target for NFLX should be at $625. The handle has just been broken in the upward price direction and I...
After getting destroyed and dropping like a #Crypto The chart has showed relative strength and formed a Bullish CUP & HANDLE Some stocks will probably not survive these market conditions in the next couple years, which is healthy So look for signs of strength vs the broader market
Almost a month ago (October 31) we gave a strong buy signal (chart below) on Netflix (NFLX) with the price reacting immediately having entered a non-stop rise: Due to the sheer aggression of the current bullish leg of the Megaphone as compared to its previous ones though, we have to downgrade our medium-term target to $580, which will make a perfect +69.30%...
NASDAQ:NFLX looks like a great short here. Took some puts Nov 24 $437.5 and $435. I'm expecting a retracement down to at least $413 or $396, however lower targets also possible (hence why I added the to the chart).
NASDAQ:NFLX chart mapping/analysis. Bullish recovery back into ascending parallel channel (green). Bull target(s) Breakout descending parallel channel (white) + descending trend-line confluence resistance Overhead gap fills (~470 / ~506.93 / ~566.88) Golden Pocket Fib + gap fill (~506.93) confluence resistance zone Bear target(s) Underlying gap...
Internet television network Netflix (NFLX) has a commanding lead in the streaming video market but its growth has slowed. NFLX stock cratered in 2022 after the company reported two straight quarters of subscriber declines. However, after a corporate course correction, some people might be wondering: Is Netflix stock a buy right now? Subscriber Growth Drives...
Netflix's stock in 2021 has been a rollercoaster, starting with a strong 62% rise by July, nearing the $500 mark, before experiencing a sharp downturn. The stock fell below the crucial 200-day moving average to around $370, marking a significant 28% drop, but found some support at the weekly 50-day average near $350. The Q3 earnings report was a turning point,...
NFLX short - take profit before earnings? I shorted Netflix at $430. Up 20% on the position. Take profit before earnings tomorrow? What's your opinion on NFLX? Bear or bull? The mainstream media seems quite ambiguous ahead of earnings. I took a lot of profit this year so I thought about sitting on it until next year. But I could also dump some of my NVDA short...
I have recent calls on the SPX SPX ES - Welcome To The Fourth Quarter Rodeo The Nasdaq Nasdaq Futes - You Wanted a Dip For That 'Santa Rally,' Aye? SPY SPY - Did We Bottom, Or Is Manipulation Coming? And Tesla Tesla - Remember, The Ponzi Always Continues Which generally have a bullish-into-year-end thesis accompanying them, but caution...
Netflix (NFLX) has established itself above the 1D MA50 (blue trend-line) since the aggressive price jump of October 19 on its bullish earnings. Still, the price is failing to break above the top (Lower Highs trend-line) of the blue Channel Down and technically the longer it fails to do so, the higher the chances become of a rejection. Until that happens, we can...
Netflix's stock surged 16% due to a 70% spike in subscribers for its new ad-supported tier, adding over 8 million users. This pushed the global subscriber count to 247 million, marking the largest growth since Q2 2020, a period influenced by pandemic-driven home entertainment demand. Financially, Q3 earnings exceeded expectations: projected at $3.49, they...
To follow up on my analysis of NFLX from Wednesday ... Despite the market moodiness and selling, NASDAQ:NFLX reported well above estimates. HFTs triggered a huge gap up on heavy pre-open order flow yesterday. Volume was also huge, so smaller funds' VWAPs triggered and retail traders chased the stock while Pro Traders and HFTs made some big profits. Gaps up...
Netflix made a huge price jump today, opening on the MA50 (1d) for the first time in more than 1 month. It remains under the Falling Resistance, but held the Rising Support trend lines of the Bullish Megaphone. Trading Plan: 1. Buy after the price crosses over the Falling Resistance or if it hits the MA200 (1d) again. Targets: 1. 508.45 (January 20th 2020...