Over the past few years, Netflix has undoubtedly revolutionized how we consume entertainment. Its vast library of content and the convenience of on-demand streaming have attracted millions of subscribers worldwide. However, recent trends and market indicators raise questions about the sustainability of Netflix's exponential growth. Firstly, the streaming...
In mid-October 2022, the NFLX share price was about $250; in those days we wrote the post “Is Netflix starting a new bull season?”. Since then, the NFLX stock has more than doubled in price. But after the publication of yesterday's news, everything has changed, hence the headline. The company added nearly 6 million subscribers in the quarter, with a forecast of...
I do think there is likely a small move higher coming next week prior to topping. I'm looking for one last push higher into $457, at which time I think is a good time to go short, because after that, the move down should be a big one. Most likely scenario IMO is that we break the previously lows in the $170ish range and form new lows down between $139-$111 before...
If you haven`t sold NFLX here: or reentered here: Then analyzing the options chain of NFLX Netflix prior to the earnings report this week, I would consider purchasing the 450usd strike price Calls with an expiration date of 2023-7-21, for a premium of approximately $16.25. If these options prove to be profitable prior to the earnings release, I would sell at...
Netflix Inc. (NFLX) testing significant overhead resistance, able to absorb monthly buying pressures. From here (NFLX) can fall back to channel support eliciting losses of 15 - 20% over the following 2 - 3 months. A settlement below a near-term channel bottom would be the signal of this downward trajectory. Inversely, a weekly settlement above the significant...
Netflix is trading inside a Channel Up for more than 1 year and is headed for the historic January 20th 2022 Gap of 508.45. Trading Plan: 1. Buy on the current market price. 2. Buy on the MA50 (1d). Targets: 1. 508.45 (Resistance 1 and January 2022 gap). 2. 621.00 (Resistance 2). Tips: 1. The RSI (1d) resembles the late August 2022 consolidation that led to a...
🔹Strong rising trend channel in the medium long term. 🔹Between support 365 and resistance 480. 🔹Technically POSITIVE for the medium long term. Chart Pattern; 🔹DT - Double Top | BEARISH | 🔴 🔹DB - Double Bottom | BULLISH | 🟢 🔹HNS - Head & Shoulder | BEARISH | 🔴 🔹REC - Rectangle | 🔵 🔹iHNS - inverse head & Shoulder | BULLISH | 🟢 Verify it first and believe...
NASDAQ:NFLX had a run after finally finding a way to stop and monetize password sharing via an ad-based subscription. Now, where does it go from here? In this content war, where companies are jockeying for the best scripts and distribution rights, NFLX still has a leg up being the first one with legacy viewers. NYSE:DIS has the most content, but it still faces...
Well, the question should rather be: “Are you still climbing?” Indeed, Netflix still has got some room left to expand wave 1 in turquoise further upwards, although the next top can be placed anytime now as well. As soon as this is done and dusted, the share should turn downwards to develop wave 2 in turquoise before the next stage of ascent can start. However,...
Since the beginning of the year, the NFLX share price has risen by about 55% (for comparison, the S&P 500 index growth was 16% over the same period), and yesterday NFLX reached a price of USD 450 per share — the highest since the beginning of the year. Bullish sentiment in the market was facilitated by news from analysts at Goldman Sachs, who upgraded the rating...
Netflix is trading inside a Megaphone pattern since the May 2022 bottom and is approaching the formation's top. The 1D time frame is on green technicals (RSI = 68.406, MACD = 15.870, ADX = 40.286) but just 2-3 weeks ago it was massively overbought, showing that the massive bullish leg is getting exhausted. Be ready to sell and buy back on the 0.382 Fibonacci (TP...
... for a 3.75 credit. Comments: 30-day IV of 47.9%. Selling premium in some high IV single name, with the caveat that earnings are on July 19th, so I'll be "playing through" and (continuing with the golfing theme) hoping to clear the water hazard. As with my broad market short puts, targeting the <16 delta strike paying around 1% of the strike price in...
Looks like NASDAQ:NFLX wants to hold its median band (red) on this pitchfork. I expect higher prices to run up into earnings. Could see as high as 450, but a safer bet would be a bounce back to 430+ prior to earnings on July 19th.
NFLX is accelerating its rise ! This chart shows the weekly candle chart of Netflix stock in the past two years. The graph overlays the line between recent low points and low points, the horizontal line of the previous short start position, and the horizontal line of the long start position before making the top. As shown in the figure, Netflix's stock has...
'Netflix and Fill' the Gap. Price is attracted to the gap above. Do you think we will get a pullback first or just a run to fill the Gap? Price is showing strong momentum with price and the 50 day EMA above the 200 day EMA.
Netflix after breaking down major support prepares itself to pull back and go down to 10.
According to a recent report by a research firm, Netflix has added a significant number of subscribers after their password crackdown. This is excellent news for investors as it shows that Netflix is taking proactive measures to protect its content and attract new subscribers. As we all know, a growing subscriber base is crucial for the success of any streaming...
▪️ Hello everyone The possible trend is indicated on the chart. If the support range of 360$ is maintained, in the long term, the possibility of price growth up to the liquidity range of 457$ and the price range of 500$ can be considered.✌ ❎ (DYOR)...⚠⚜ What do you think about this analysis? I will be glad to know your idea 🙂✌ IF you like my analysis please...