Video breakdown on $NFLX going into January 2021! Thank you you all and happy new year!
Macd crossed and it is below the 50 day moving average! Roku needs to come out swinging in 2021 to keep this historic run going. It is up over 100% from its previous earnings high of $160. I think we see Roku remount the 50ma and run from here.
NFLX put in a triple bottom and price has bounced around in this same congestion zone of 566-510 but looks to have put in a base. Based on recent price action, 506.72 looks to be a trigger, although any move over 514.78 is likely to happen quick.
Looking at a long into the 294.12 price resistance. Upper trend line is current support above 273.48 If we drop off that support, id watch 255.11, or the top of the paralell channel outlined. Id stop out below 255.11 and wait for a new entry on the bounce, or back down the the bottom of the paralell channel
ZM broke it's Symmetrical Triangle today and is pushing upwards before earnings Monday after market close. With being now 20% down from it's all time high of $588.84 there is room to run. Although with a PE Ratio above 500 it is overpriced and leading on momentum and our situation from Covid-19 and Politics. Look for major resistance at $500.
Large symmetrical triangle forming, continuation of the current price action can break out.
Roku tapped my first take profit at $256.13 next stop is $277.91, with elections over and some certainty in the markets we could see a nice bull run. If it breaks out of this channel (white lines) and holds above we could see $277. Bull pennant forming and I'm seeing a break out and retest to that top resistance line and take off. Support at 218
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Now I wanted to post my TA of a near $1 GNUS was possible, but I didn't cause I don't care nor have a position. I'm just watching it as I eat popcorn News -GNUS is bring alot of talented people on its team, yet again this is a growing company trying to establish a foundation. Theres one problem with this tho, its they had years to establish this foundation, so it...
🤔 Very critical crossroads of two major support levels for streaming platform Spotify. Key focus is the red circle, 177.94. If broke I'd look to short as that would break horizontal and upward channel support. Could lead to a drop towards 156. I would watch this on a 3 hour timeframe to see if it wants to curl or break based on the Crossover strategy and the ema...
Technicals: -------------- $117 is approximately the new support level, which also correlates to around a 15% price correction from Q1 high's. Prices appear to be consolidating around this level with no significant breakthrough. Fundamentals: ------------------ While Disney benefited from the recent surge in streaming, its parks and products segment (accounting...
Afternoon all, So from my previous post you will see that I was in sells come out at breakeven where it just retraced back to my entry!! Not what we wanted! Now looking into the 4hour TF! i see another opportunity to sell! With good RR! this is a okay set up. I will be monitoring this!
Coronavirus has benefited some technology stocks like Zoom Video , Netflix and Amazon.com . Another name on that list is streaming-video firm Roku . The stock gapped higher yesterday after seeing a 49 percent pop in first-quarter streaming hours. While the advertising side of its business took a hit from business shutdowns, usage keeps growing. There was a...
Waited to get in SAND at 6 USD for months, now with the general market sell-off, I could not have dreamed to get it at such low prices again. As Eric Sprott said about SAND "growth baked in"! Very good ultra-long play for the coming 5-7 years!
With the China Virus spreading throughout China, it's an absolute BOOM for streaming services.! We feel these services should see a spike in usage and new members... ROKU NETFLIX VIACOMCBS - ALL ACCESS (Symbol: VIAC) APPLE+ COMCAST PEACOCK More people staying home away from the public should be a BOOM for the services mentioned herein, Our favorite is...
roku will benefit from the streaming boom. its like the modern day antenna. daily chart possible 220 target by 2021 roku gets 137 its at 149.. if it gets 153 its going to test ath
NFLX showing signs of strength as it breaks out from descending wedge.
I'm seeing lots of call-buying in Comcast (CMCSA) today, partly because it has fallen to a support level, and partly because of news that the company will invest 2 billion dollars in a streaming service in partnership with NBC to compete with Disney, Hulu, and Netflix. Honestly this is a crowded space, Comcast may be too late to the game, and profitability for the...