Top called July 27th, 2021, months prior. No surprises/remorse here! The idea is linked below. Moving forward, Netflix's price action will be choppy and downward facing. ABC correction in progress; B wave recovery expected soon. Bottom of the historical channel - end game. Fundamentally, increased competition will continue the downtrend in subscriptions. Conclusion: Bear!
Of course it was! You could have sold the head and shoulders bearish chart pattern back in November, before Jim Cramer said NFLX is a buy! :) My forecast is that NFLX will make a small bounce before going even lower, at a buy area of $175 - 190. Looking forward to read your opinion about it.
Hey there as you know netflix bloody novadays, especially elon musk talk about this company. In technicaly we see double bottom here confirmation is 362 if we retest again 362$ its safe to bought this stocks.
What do you think about this? Are we in a favorable scenario to invest in Netflix shares? Do you think this drop will last longer or with the RSI at such a low level, can we get a breather from the market? Maybe even a trend reversal (which has been happening for a long time now, this price drop)
Netflix Q2 2022 Earnings Report: ir.netflix.net Key Takeaways of Netflix Earning Report > Lowest P/E ration in 10 years of operating. > Revenue is UP 2.06% from last quarter. > Revenue is UP 9.8% from Q2 of 2021 > Operating Margin of 25.1% is UP 19.1% from the last 4 Quarter average. > Diluted EPS of $3.53 is UP 25.6% from the last 4 Quarter average. > ...
Trading stocks is tough, don’t let anyone tell you otherwise. Even the best have nightmare days. Today’s example would be billionaire Bill Ackman, CEO, and founder of Pershing Capital, a notorious hedge fund. With an MBA from Harvard Business school and 20 years in the business, he is a real pro. His fund generated approximately 70% returns in 2020 alone. This is...
Netflix is one of the many companies that used the global pandemic to their benefit. With millions being in lockdown, there was only so much board games you could play before you switched on Netflix.. and chilled. When the pandemic hit in March 2020, Netflix saw a staggering growth of almost 100% in just a few months. In total, it went on to gain 142% from the...
We can see from the Weekly timeframe, that this crash in $NFLX is heading towards some substantial resistance, in the form of moving averages and previous highs / breakout highs. You could perhaps (on the indication of reversal, on the 4H chart) take a long (leap) play, in light of the fact, that this drop was so substantial, we cannot have that much further...
A nose dive, what i can call on this stock, and pulled NASDAQ toooo........ But i think we can buy it to close the GAP.
crab harmonic pattern: X=$65.5 A=$0.11 AB=0.61 XA BC=0.38 AB 1.6 BC=$14.11 0.78 XA=$16.71 2 BC=$24.85 0.88 XA=$31.63 2.24 BC=$35.47 2.6 BC=$62.1 1.13 XA=$150 3.6 BC=$273 1.27 XA=$371 4.23 BC=$683 1.41 XA=$896 1.6 XA=$3381
Fundamentally : After the quarantine ended, people went out of their homes and Netflix became less in demand in the entertainment industry. But what if people get used to life without Netflix? Netflix needs serious solutions like new, good and exclusive business to get its users back Technically : price can pump from this level (255; 210) to 350 and...
Netflix, Inc. provides entertainment services. It offers TV series, documentaries, and feature films across various genres and languages. The company provides members the ability to receive streaming content through a host of Internet-connected devices, including TVs, digital video players, television set-top boxes, and mobile devices. It also provides...
Price is moving nearer to the pivot level. We can expect a potential for bearish reversal from sell entry level of 351.85 which is in line with 78.6% Fibonacci projection towards the take profit level of 342.44 which is in line with 50% Fibonacci retracement and 61.8% Fibonacci projection. Our bearish bias is further supported by price trading below the Ichimoku...
Netflix During after market hours Netflix lost -25%. I will be lookig for entry below 200USD. On the first level around 255USD should be some reaction, but it's still expensive for me. The level around 189USD is much better and there I will have small entry. The masive reaction I am expecting on the level around 117USD - it's also -80% from ATH.
The NFLX drop post-market may be an over-reaction to the loss of subscribers. Even ROKU streaming was affected by the negative sentiment & dropped 6% post-market after rising 8.22% Tuesday. FAANG stocks was consequently pulled down by 9% after the drop in NFLX. I think NFLX can recover in the next few weeks to 350, the 0.854 Fibo level from where it dropped. That...
Oh. My. Goodness. Today's post is about Netflix. It's down 25% as I type. Yeeeeeesh! So what happened? Well, bad earnings. Again. But here's the thing - this story gets more interesting. I don't own any Netflix, but I am watching it since the well known investor Bill Ackman plowed $1 billion into it last quarter. Oh, and by the way, OUCHY... He's now lost $250...
My trade idea which is awaiting confirmation Confirmation would be a breakout and retest of the falling wedge in play in regards to the RSI failing to put in new lows.