Pair : Netflix - NFLX Description : RSI - Divergence Demand Zone Rising Wedge as an Corrective Pattern in Short Time Frame with the Breakout of the Lower Trend Line and Retracement Break of Structure Completed " 12345 " Impulsive Waves
We had a great bull flag setup going into the earnings. Now the target got hit, will be watching for a retracement into early Feb and another push higher into Feb OPEX Nothing bearish here to even try taking a short trade. There is still one more gap to close above the price, should be hit first before reversal starts. Also the price might just...
Netflix (NASDAQ: NASDAQ:NFLX ) has once again defied expectations with its stellar fourth-quarter performance, surpassing Wall Street estimates and achieving its largest-ever subscriber growth for the final quarter. The streaming giant added a remarkable 13.1 million subscribers, soaring past the projected 8.97 million, and bringing its total subscriber count to a...
In the aftermath of Netflix's Earnings Call, witness a remarkable 7% surge in after-hours trading! The intricate chart unfolds the completion of the initial cycle in July 2020, marked by an expanded Flat and Wave II concluding around $165. Embarking on a new Wave (1), the chart showcases an engaging 5-wave structure to the upside. Upon our analysis, the low of...
NASDAQ:NFLX I expect a bullish movement towards the 518 level if the resistance zone at the 503 level is breached and there are candlestick closures. Our support level is at 461. Like and comment if you find value in our analysis. Feel free to post your ideas and questions at the comments section. Good luck
In a recent legal showdown, streaming giant Netflix emerged victorious in a California federal court, successfully defeating a shareholder lawsuit that accused the company of concealing the impact of account-sharing on its growth trajectory. The lawsuit, filed by a Texas-based investment trust in May 2022, sought damages for investors who purchased Netflix shares...
Internet television network Netflix (NFLX) has a commanding lead in the streaming video market but its growth has slowed. NFLX stock cratered in 2022 after the company reported two straight quarters of subscriber declines. However, after a corporate course correction, some people might be wondering: Is Netflix stock a buy right now? Subscriber Growth Drives...
KEY POINTS a. Netflix now has 15 million subscribers in its ad-supported tier. b. The company is also rolling out new ad products. c. The success of the new subscription tier is just one of the reasons the stock has surged this year. The leading streamer just hit a key milestone with its ad business. Netflix (NFLX 1.80%) was one of the best-performing stocks of...
NASDAQ:NFLX in late July attacked the 61.8% Fibonacci of the entire previous decline since November 2021 . It pulled back to its liquidity zone between $370-385 from which it has made a new impulse. Final target: new all-time highs . 1 M On a long term chart we note that NASDAQ:NFLX in July 2022 rested on its bullish trendline to develop a new...
Netflix (NASDAQ:NFLX) shares jumped more than 13.5% in pre-market Thursday trading after it handily beat profit expectations as subscriber numbers rose. The streaming giant reported earnings per share of $3.73 on revenue of $8.54 billion. Analysts expected EPS of $3.49 and revenue of $8.54 billion. The third quarter results beat Netflix’s previous guidance. The...
Introduction: We are calling all savvy traders! Brace yourselves for a groundbreaking announcement that has the potential to reshape the entertainment industry as we know it. Netflix, the streaming giant that has revolutionized the way we consume movies and TV shows, is now stepping into the realm of video game streaming. This exciting move will diversify...
Wait for NDX pull back finish; price far from 21 & 50 MA in weekly. $380 around is good price. $410 is daily support. Have to see the price action. Pull back, correction going on. Daily chart doesn't look that good. Weekly looks very good.
After the filling and rejection of the gap left by the market in the bullish trend we will see a reversal to fill the gap of the dump of the price - ''GAP'' is a better trading opportunity take advantage of it - Trading is probality control you risk management Good Luck !
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...
On the chart we can see a rising channel. We expect that the price will retest the upsloping support trendline which would be our entry in long position. From there we expect the price to go higher and eventually retest the upper boundary of the rising channel. Invalidation of this thesis would be if the price breaks and closes below the upsloping support line.
Price has been on a steady uptrend since the beginning of July 2022. Looking at higher timeframe charts we can see price forming a head and shoulders around the $333 zone which could signal a reversal coming soon given if there's enough downward momentum. If price breaks above the $333 zone, this head and shoulders pattern would be considered a failure. We'll see...
In May 2022 Netflix has hit lows seen last time in September 2017. Since then NFLX has been on a steady rise. It looks like the price is in some kind of a rising channel. Indicators such as MACD or RSI are implying more upside in the next weeks. It looks good for bulls. Around $380 we may see a rejection as it's a huge resistance now. We expect bears to take...
This asset is sited at a critical zone (confluence of support line and ascending trendline) I see this asset taking a bull ride to $335 zone and a possible pullback to $325 zone before taking the main bull run to $370 zone. This $370 zone happen to be FIB38.2 zone. I will wait for favourable price action and I will ride this asset up. Always remember to set...