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...
Netflix (NFLX) is reporting Earnings today and what we see from the past 4 weeks that has been unable to make new Highs, it might be pricing a peak. That peak might be a technical Higher High formation on the 1.5 year Channel Up, which is the Earnings disappoint, can initiate a medium-term correction towards the 1W MA200 (orange trend-line) and 1W MA50 (blue...
Some analysts anticipate that Netflix's stock could reach a new 52-week high above $500 per share following the release of its fourth-quarter earnings report this Tuesday. The $506 mark is considered a target, representing the price it fell to at the beginning of 2022. Positive sentiment towards Netflix has grown as profit estimates have been revised upward 17...
NASDAQ:NFLX I expect a bullish movement towards the 518 level if the resistance zone at the 503 level is breached and there are candlestick closures. Our support level is at 461. Like and comment if you find value in our analysis. Feel free to post your ideas and questions at the comments section. Good luck
We reflect on the week that was and where the US equity markets stole the show, with new highs in the S&P500, and the NAS100 outperforming all major equity markets. A.I names went on a tear on Friday, where notably Nvidia, Broadcom and AMD felt the love. With 16% of the S&P500 market cap reporting this week, earnings and corporate outlooks will play a greater role...
Netflix was being accumulated well prior to the POP> Check out how Unusual Market Volume Detector Identified the BUYING after Price divergence on the 12th OCT.
It is profit booking for sure, there is clearly a Red TrapZone and Red UMVD in place for now. So only shorts are active now for Netflix. TrapZone and UMV combined together are complete automated technical analysis indicator package. You get to clearly see in Realtime the market trend strength and volume confirmation.
In a recent legal showdown, streaming giant Netflix emerged victorious in a California federal court, successfully defeating a shareholder lawsuit that accused the company of concealing the impact of account-sharing on its growth trajectory. The lawsuit, filed by a Texas-based investment trust in May 2022, sought damages for investors who purchased Netflix shares...
NFLX is staging a rebound on the 1D MA50 on a marginally bullish 1D technical outlook (RSI = 56.295, MACD = 4.710, ADX = 36.125). We don't consider this a buy opportunity as even if a slightly HH is made, the 1D RSI is showing a Bearish Divergence on a Channel Down, the same kind of bearish pattern that started the bearish waves in the two HH prior. Consequeantly...
Long Position: Key Points: Strong Fundamentals: Apple has a history of solid financial performance, driven by its diverse product ecosystem, including iPhones, iPads, Macs, wearables, and services. The company's consistent revenue and earnings growth make it an attractive option for long-term investors. Services Segment Growth: Apple's services segment,...
LONG 620 TP Long Position: Adobe has consistently demonstrated strong financial performance, driven by its leading position in the creative software and digital experience markets. The company's subscription-based model provides a reliable revenue stream, and its innovative product portfolio continues to attract a wide user base. Key Points: Earnings Growth:...
Netflix appears to me to be completing a large cup and handle pattern. The initial peak of the cup appears at a price level of about $485 while the base appears to be at a low of $345. This price difference is $140, so I suggest the possibility that a new price target for NFLX should be at $625. The handle has just been broken in the upward price direction and I...