Simple setup with some projected data points as price targets in time. If and only if at least 3 of them are hit, and maybe a wild card pivot point at any of the elements, preferably the pink rectangle, I would strongly suggest analyzing the potential for a bounce from the green rectangle zone in case another power wave forms that pushes the price higher. The idea...
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there is many reasons other than the chart, 40M monthly active users 📈 Up from 5M a year ago.. Netflix is getting into live Comedy shows, and live boxing?! curveball but a love it. Also the live action anime they have been putting out is really good! that will bring a ton of subscribers from other countries.
don't be surprised if...
Netflix (NFLX) is trending downward, so caution is advised for long positions, especially considering tomorrow's at 10 am NY release of U.S. leading economic indicators.
Price has been consolidating between $615~$620 range. Last week price has been managed to close above $620. It showing bullish divergence on RSI and as well as William% range. $640 should be possible near term target as price will be moving though volume gap.
This is bit longer term and I took a short to downside using a credit spread. The trapped buyers should have gotten out with some cash or at least breakeven.
Buying Puts on NFLX once daily supply is hit. Entering using either a single leg or a debit spread to reduce risk & cost of trade. Larger target down to 505 on the single leg, target down to 560 on the debit spread
I have called a couple real big pattern moves on #Netflix
so on todays mega rally
I take a quick look at the potential price projections that may or may not end up occurring
I am not a guru or price forcaster
i just draw lines on charts like always
Your Risk
Your Reward
But i am someone who does highlight Risk i.e. downward prices when I feel/see that...
NASDAQ:NFLX
Thesis- Netflix was trading in a 6 day range below a key resistance level. Friday it appeared to attempt to breakout. Today I was willing to take NFLX calls at 620.84 and adding to my position at 622.99. I was extremely confident that above 623 we would trade up to 630 and 633.54.
Entry- I entered on the 5m higher low at 950ET. This was a high...
NFLX on the Daily time frame seems to be going for gap fill to the upside now.
Immediate targets would be 585/590 and 605 eventually
Stops below 573
CMP 581 (pre-market)
This is not a flexing of the imagination project. You basically take a set of simulated projected potential future scenarios which also contains potential simulated future pivot points, or inflection moments, then you simulate a bunch of geometric objects which are basically just math functions, and you end up selecting the objects that hit the most points in the...
NFLX on a 120 minute chart currently has price sitting on the POC line confluent with the
Fibonacci 0.5 level on the previous trend up that was before the trend down from around
the time of an earnings beat which was a disappointment because traders somehow expected
better. There is been some disappointment about NFLX keeping some of its subscriber...
NFLX - Netflix is looking like it will drop to near $500 and fill the previous price GAP. If this happens price will be about 40% away from all-time highs. This could be a much greater move when using Call Options. What are your thoughts on Netflix at this point?
Once you realize you are in a correction, you can either:
1) Stick around and hope it resolves upwards
2) Exit and let the dust settle
The second option is NEVER wrong.
#nflx #netflix #nasdaq #ndx #tsla #tesla #intel #intc
NASDAQ:NFLX probably bounces up from here. If it could fall down more, $495 is the next support. Low-risk entry can be placed here at around $555, with stop at $535. However, the market is too volatile, it's better for wait for more consolidation.
Note: Do it as your own risk, this is not financial advice.
As I have mentioned a few times, the share should move lower and the catalyst of non-reporting of new subscribers next year, did the trick. Lesser disclosure, means the market will not like it.
For now, we had a large decline, and there will be some minor recovery for a SELL strategy again.
Strategy SELL @ $ 575 - 590 and place SL above $ 650 and take profit @ $ 475.
