Netflix’s Q4 earnings are projected to sink over 39% according to the market participants consensus. Luckily, the firm’s adjusted full-year earnings are projected to skyrocket 110%. And the company’s fiscal 2019 EPS figure is expected to come in 57%.
At the other end, NFLX’s Q4 revenues are projected to climb 28% to reach $4.21 billion. Meanwhile, ...
Besides many indications I have not drawn in, I see that price is stretched like CL (see link).
Here at the WL (Warning Line) the air is very thin to dive deeper. I think the crew first needs a breather and grab some air.
Therefore I see a high potential for a turn. Even a spurt up to the L-MLH would not surprise me.
On this study we quickly examine if Bitcoin's 2018 correction is an unusual phenomenon in financial markets and how it is compared to other industry leaders.
For our example we use Alibaba a reformer in the Retail Industry and Netflix a reformer in Entertainment. We consider Bitcoin to be the reformer in the Financial sector. All assets have fairly recently ...
We are seeing some early signs of bearish sentiment ... I have said multiple times in the past if we get some type of correction in stocks it will be because of overvalued tech stocks such as google amazon Netflix nvidia and many others..
I am not trying to call a top here! we still need to make more lower lows to confirm the trend but we are getting early signs ...
NTFX bounced off its support at 251.20 (61.8% Fibonacci extension, 50% & 38.2% Fibonacci retracement, horizontal swing low support) where price could rise to its resistance at 331.33 (61.8% & 50% Fibonacci retracement, horizontal swing high resistance).
Stochastic (89, 5, 3) bounced off its support at 4%.
Netflix has shown that two key trend lines have significant importance, identified by the red (upper) and green (lower). Ideal buying opportunities can be identified when price trades near green, while below green can be considered a value buy. Netflix has repeatedly show that once price breaks Red, it will eventually test Green.
I've identified a distinct ...
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DAILY STOCK MASTER SIGNAL
Strong bullish open with instant jump above previous Highs
Bullish market after a pullback, following normal trend now
Very strong and bullish stock, following this trend.
BUY NFLX @ 370.70
SL @ 362.70 (820 Pips)
TP OPEN, WE RIDE THE WAVE!
„We will move our SL every day! ...
Hope this idea will inspire some of you !
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It seems NFLX has gone parabolic over these past few months and it's obvious that it should pull-back as it is overvalued. The reason it has gone so high is because it is in an Ending Diagonal within a Ending Diagonal, to make it even more confusing the bigger one is a variant of the Ending Diagonal called a "throw-over", they tend to trap bulls because they think ...