Of course it was! You could have sold the head and shoulders bearish chart pattern back in November, before Jim Cramer said NFLX is a buy! :) My forecast is that NFLX will make a small bounce before going even lower, at a buy area of $175 - 190. Looking forward to read your opinion about it.
Hey there as you know netflix bloody novadays, especially elon musk talk about this company. In technicaly we see double bottom here confirmation is 362 if we retest again 362$ its safe to bought this stocks.
Not financial advice. The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
crab harmonic pattern: X=$65.5 A=$0.11 AB=0.61 XA BC=0.38 AB 1.6 BC=$14.11 0.78 XA=$16.71 2 BC=$24.85 0.88 XA=$31.63 2.24 BC=$35.47 2.6 BC=$62.1 1.13 XA=$150 3.6 BC=$273 1.27 XA=$371 4.23 BC=$683 1.41 XA=$896 1.6 XA=$3381
Fundamentally : After the quarantine ended, people went out of their homes and Netflix became less in demand in the entertainment industry. But what if people get used to life without Netflix? Netflix needs serious solutions like new, good and exclusive business to get its users back Technically : price can pump from this level (255; 210) to 350 and...
Netflix - Short Term - We look to Sell at 358.64 (stop at 378.80) Preferred trade is to sell into rallies. Previous support, now becomes resistance at 360.00. The primary trend remains bearish. The bias is still for lower levels and we look for any gains to be limited. Our profit targets will be 291.27 and 281.07 Resistance: 360.00 / 400.00 / 450.00 ...
Monthly chart is showing clear breakdown..short term rally is likely to be short lived with more bad news to follow. Below 420, next level is 250. Everything that goes up comes down.
I believe many of the large cap stocks in the market are going through large distributions. This is my take on Netflix ($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.
Earnings on Thursday and the first big tech name to report (as always). Over 527 can give you a trade, but I think they want to take this thing down to the 500 mark in to earnings. I will spec buy at 3:58pm on Thursday (eastern time) the $510c if she is red and trading around $500.
Is NFLX Netflix heading for a Head and Shoulders Bearish formation Chart Pattern? My price target is the 628usd resistance. I look forward to read your opinion about the price movement.
Now I just got Pro+ on Black Friday sale so I'm having some fun with the chart layout. Here's the reasoning for my shorts: AAPL: - Bearish Rising Wedge - Decreasing volume to pair MSFT: - Bear Flag in massive pivot zone NFLX: - Quite large double top after significant uptrend - Neckline recognized as pivot point - Decreasing volume to pair Note: I would...
Technical Analysis Summary (POLKADOT) NTFX/USDT TREND ANALYSIS We have 3 upwardtrend which is currently active in green. The wider the trend the longer it is respected. FUTURE PREDICTIONS We have to keep respecting and holding new weekly levels and maintaning the trend to keep moving upward. ALL THE GREEN SUPPORT LEVELS SHOW HOW NETFLEX KEPT LADDERING AND...
All details written on chart. Target #2 and Target #3 will be based on the entry.
Hello everyone! Looks like the H&S that I post it before don't have that much power so I'm looking for some short position. Just in case: If the price go up and breakout the resistance, the H&S is confirmed! Enjoy it!
Entry price: 610-615$ 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...
Now what? Squid game? but i think it is enough for NFLX, now lets short it If it breaks that orange line it maybe become next bull run
Price saw a decisive breakout on September 1st, breaking the major resistance level at 575. We even saw a re-test back down at this level last week. Now, it looks like the price is resuming off to the upside again.