A year ago i published an idea of bubble phases projected on NFLX , it aged very well.
As an update i projected them again on Amazon this time. It looks that the whole tech market is at the denial stage of a new blowoff coming soon.
In the last year or so, any time I've said to certain people that I thought Amazon, Apple, and other tech giants were in a bubble, they thought I was crazy. But now...I've noticed people are starting to worry. The chart looks scary. If the double-top is confirmed, and these guys break down below their December 2018 lows, we could easily see our first widespread...
Looking at the shorter time frame, I would like to see Netflix come down a bit before we start pulling the trigger on buying, but I am fairly confident in the Longer term trade. If Netflix can build momentum and hold these support levels, it is looking like a strong trade!
The Megalodon indicator uses a machine learning algorithm, combined with data from over...
Netflix - This one is looking pretty descent for a long term Investment.
Looks like price is going for ~200 before going up to 600-800.
Daily - Price stopped exactly at the 78.6% retracement level and started going down. We might see some intraday correction to the upside but it looks like the way to go is down.
Notice that because we should be in a fourth wave,...
Roku (ROKU) August weekly 101 straddle priced for a move of 16.5% into the expected release of quarterly results after the bell on August 7th 2019.
What is a straddle:
A straddle entails buying a call and put of the same strike that allows the holder to profit based on how much the price of the underlying security moves, regardless of the direction of price...
It looks like we are going to bounce tomorrow, but will we go higher from there and finish fifth zigzag as on daily chart, or will find strong resistance at 298 area and brake the wedge down,
next two trading days will have to make a decision on the directional bias to hold
As I said before Netflix was a rebound story
320 is a very safe resistance level to sell puts
465 on 32000 1,4 % on two weeks but again here is a 'safe' bet and easy money
All the fear is gone on this stock
SO is Tesla tooooo late
NFLX fell off a cliff following some bad FA news. The sentiment around the stock is pretty bearish given this, and there has been tons of bearish articles that have come out, but I think this could be a fantastic buying opportunity as it is close to its 100 weekly moving average, which held the price on the previous drop back in October-November of 2018. High risk...
Netflix after printing 3 day bearish divergence, price needs to breathe and come down to that red line on RSI to start printing bullish divergence. It appears price has completed a expanded flat elliott wave type pattern, and because of this I now assume 5 waves down before a real reversal to possibly go make new highs. On Balance Volume also diverging bearishly...