$NFLX - is it time to buy?
Could be time to buy - we got triangle pattern, now I look at individual stocks whilst comparing it to the indices of NQ and I am bullish I am buying dips and taking look at FAANGS short term buy looks could be good opportunity.
Q2 2022 earnings on Tuesday. Watch out
Take care
TJ
Netflix - Short Term - We look to Buy at 207.40 (stop at 185.40)
Continued upward momentum from 164.28 resulted in the pair posting net daily gains yesterday. Price action looks to be forming a bottom. Previous resistance level of 207.41 broken. We have a Gap open at 333.22 from 19/04/2022 to 20/04/2022. Further upside is expected although we prefer to set...
Netflix is reporting today after the close.
Most likely, this stock will be in play tomorrow.
We have a nice base on chart.
So I mark the most important levels for tomorrow and get ready to trade!
Comparing two price points / patterns for NFLX
The initial drops for both of these price points are very similar hence the falling wedge conclusion
This allows for a bullish recovery on this longer term timeframe (Weekly)
Onward, to the trend line!
Stock is reacting to an inverse fibonacci level which has traded sideways the last several weeks, and is now pumping to a major trend line.
$230 is where I'd expect to see some selling. The lower fibonacci level from there is a certainly a possibility so holding beyond $230 for me seems risky, knowing this trend line could easily...
Netflix
Short Term
We look to Buy at 170.63 (stop at 160.01)
There is scope for mild selling at the open but losses should be limited. A bullish reverse Head and Shoulders is forming. This is positive for sentiment and the uptrend has potential to return. Further upside is expected.
Our profit targets will be 207.19 and 221.00
Resistance: 192.00 / 207.38...
In this post, I'll be breaking down Netflix (NFLX) from both a technical and fundamental perspective, exploring a narrative as to why this may be the most undervalued company in the market at the moment.
Netflix has taken a massive hit, trading below $190, when its 52 week high is $700. I covered this stock when it was trading around $600 ranges, and said it...
Netflix is in a area that's tempting to start accumulating for obvious (TA) reasons. Also see the RSI is crying oversold. Definitely looks like at least a relief rally is underway
Hi Traders,
Looking at Netflix in the 1-hour time frame.
I see an inverted head & shoulders setup.
There is divergence on the MACD Histogram as well as the MA lines and currently, the price is making its way above the neck zone.
We have some nice bullish volume to accompany this break and close above the neck zone.
If we see a calm retrace down to the neck...
LIKE, FOLLOW, AND COMMENT BELOW IF YOU APPRECIATE THIS CONTENT
NETFLIX chart is looking real bullish to me. The MACD is curling up from an all time low, the RSI and STOCH are on the way up and the Mayer Multiples are flashing a bottom/buy signal. Netflix is about to go on a hella run to $2k is my target around 2024-2025. This is not financial or trading advice...
Current Market 79 Billion
Up an impressive 200,000% over the last 20 years, Netflix reached an all time high of $700.99 back in November 2021.
It has since corrected a whopping 77% and hovers around the $165-$180 range.
The biggest correction Netflix had to endure was back in 2011-2012, it reached an all time high of around $43 before a staggering 82.5%...
Netflix
Goldman Sachs lowered the capitalization of Netflix to the basket.
Since the end of 2021, the company began to rapidly lose its capitalization and from the level of $700 per share, fell at the peak of the downward UP trend to the level of $200, which caused panic investment fear. The next trigger for the fall was the updated status of the rating from...
BTC BITCOIN USD I have been looking for fractals throughout the various markets and I have found another one that is really good. This is Netflix where I found the fractal showing the same expanded flat correction as Bitcoin just on a different time scale. The MACD is also very similar as well. I believe the BTC was just in a breather phase over this past year and...
BTC BITCOIN USD I have been looking for fractals throughout the various markets and I have found another one that is really good. This is Netflix where I found the fractal showing the same expanded flat correction as Bitcoin just on a different time scale. The MACD is also very similar as well. I believe the BTC was just in a breather phase over this past year...
