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...
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...
NFLX is setting up for another gap down open next week Quite bearish action here, no longs for me until Jan gap close is closed
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?
We see a bearish divergence in place. The stock might dip a bit further and the green rectangle represents a good buy.
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.
Netflix 3 month Outlook for a bottom around 160. #netflix #nflx NASDAQ:NFLX #stockmarket #trader #investor
Friday was nasty for big tech. 10% drops in NFLX and NVDA got some people to fear for the worst. Is the market going to crash 90% now? Maybe not yet. Right now the price only retraced to 0.764 fib. I would expect a little more weakness next week and then a relief rally. Price should come down to about .618 fib retracement area where there is also some market...
Netflix Inc. ( NASDAQ:NFLX ) experienced a sharp decline in share value on Friday as a result of its weak revenue forecast and plans to discontinue reporting subscriber numbers by 2025. Despite an otherwise strong start to the year, Netflix's lackluster forecast led to a 7.6% decline in premarket trading in New York, marking the biggest decline since July 2023....
Netflix shares are falling excessively, as its surprise move to stop sharing subscriber additions and average revenue per member from 2025 created doubts in investor minds about growth peaking in some markets for the streaming pioneer. Investors are reacting irrationally by selling it hard now. On the other hand, its downward price trajectory is making it more...
NFLX Stock Price Falls Despite Subscriber Growth Yesterday, after the close of the main trading session on the stock market, Netflix reported to investors for the 1st quarter of 2024. The report turned out better than expected: → earnings per share: actual = USD 5.28, forecast = USD 4.52; → gross income: actual = USD 9.40 billion, forecast = USD 9.27. → The...
If you haven't entered NFLX in the buying zone: Then analyzing the options chain and the chart patterns of NFLX Netflix prior to the earnings report this week, I would consider purchasing the 607.50usd strike price at the money Calls with an expiration date of 2024-4-19, for a premium of approximately $26.50. If these options prove to be profitable prior to the...
Netflix has consistently set benchmarks and pushed boundaries. However, as the company gears up to report its earnings, a closer look reveals a nuanced landscape where subscriber growth is no longer a foregone conclusion. The once-lauded crackdown on password sharing, while initially boosting numbers, now presents a plateauing challenge. With the fervor of the...
Could maintain this expanding megaphone structure and touch bottom before heading higher. This would have confluence with a bounce off the 1.618 fib.
NASDAQ:NFLX is gearing up to unveil its first-quarter financial results on Thursday, April 18, 2024, after the market closes. Get ready for a glimpse into the numbers, expert opinions, and key highlights to keep an eye on. Earnings Estimates Analysts have their sights set on Netflix reporting first-quarter revenue of $9.275 billion. In the same quarter last...