Nike’s stock looks bullish over the longer-term after breaking up from a falling channel pattern on the daily chart1. If Nike receives a bullish reaction to its earnings print and remains above the 50-day SMA, the eight-day EMA will cross above the 21-day EMA, which would be bullish1. Wells Fargo analyst Ike Boruchow added Nike to his top picks list, stating, "We...
Following our last analysis, Netflix has precisely achieved the forecasted targets, with the wave ((iii)) extending to 227 to 261%. This suggests that a correction towards wave ((iv)) might be imminent, expected to range between 38% and 61.8%, thus laying the groundwork for a wave 5 and the culmination of a significant cycle in the form of a potential wave...
Netflix (NFLX) has been trading within a long-term Channel Up on the logarithmic scale for the past 20 months. The trend is very aggressive to the upside and since the first Bullish Leg made a Higher High on February 03 2022 on a +130.30% rise, we do expect a similar % rally that would technically target a little below $800, so aiming at $750 would be a fair...
Momentum, Growth & Innovation: Updated Watchlist www.tradingview.com My updated trading watchlist includes a diverse range of companies across various sectors, prominently featuring technology, healthcare, and finance, among others. These companies, currently part of ARK Invest's holdings, are identified as being in a confirmed Stage 2 uptrend, indicating strong...
Great hourly double bottom shaped yesterday on Netflix chart. The context looks good: we are in the correction wave on daily with retracement ~50%. Broad market also recovered yetserday and looks strong. I'll be defintely watching reaction near 586 level, where strong sell-off occured on Tuesday, with a goal to enter on the next hourly higher low
Date : 23 Feb 2024 Main Trend : Up preferred Transaction : Buy Reasons : mentioned on chart Technical Analysis success at level : 684 $ Technical Analysis fail at level : 535 $
Netflix (NFLX) has gone a long way since our November 28 2023 buy signal (see chart below) that reached our $580 Target, giving more than +20% return: As the price has been consolidating for practically 2 weeks, it is time to update our outlook for medium as well as long-term investors. The long-term Bullish Megaphone pattern that started on the July 13 2022...
Back in July 2023 NASDAQ:NFLX on earnings did a weekly price Spike across a major 50% Retracement level. I entered into a short trade on the stock which worked well for a few months until the market turned decidedly bullish in October and then the trade stopped out. The recent earnings pushed the stock price higher as Netflix net income is dramatically higher...
Hi , As you can see the channel , we will see netflix to 1K in a few next months Please trade as your own risk
FAANG is an acronym that stands for five major, highly successful U.S. tech companies: Meta (formerly Facebook), Amazon, Apple, Netflix, and Google. FAANG stocks' performance has a substantial effect on the overall market and comprises 15% of the S&P500 Index SP:SPX . If you follow the financial or business news, you may have seen or heard the term FAANG...
Disney's recent move to license more TV shows to Netflix marks a significant shift in the streaming industry, bolstering Netflix's extensive content library. Historically, Netflix has heavily invested in content, spending over $17 billion annually at one point, to maintain its industry dominance. However, Netflix has faced challenges like subscription fatigue and...
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...
Hey All, I wanted to get your feedback on this analysis. I am solely basing my opinion based on the RSI indicator, MACD and candlesticks on the daily chart. Although earnings help NASDAQ:NFLX to go up slightly. It had to restest a strong resistance at 562.46. Once it reached the resistance the bears took control which resulted in a pretty strong bearish...
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...
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...
I'm making this just for kicks. Fundamentals: Netflix (NFLX) and TKO Group Holding's WWE announced new partnership early Tuesday that will bring WWE's flagship program Raw to the streaming service, beginning January 2025. TKO's agreement with Netflix has an initial 10-year term for an aggregate rights fee in excess of $5 billion. Dwayne 'The Rock' Johnson is...
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...
Netflix ( NASDAQ:NFLX ) has made a bold move into the world of live events with a more than $5 billion deal to exclusively stream WWE Raw starting from January 2025. The 10-year partnership extends its reach to the U.S., Canada, Britain, Latin America, and other territories, marking a significant shift for the streaming giant. This transformative deal not only...