TF: 8 Hr Price looks like it may want to keep moving higher to ~$1,000. price needs to hold above the $450 to $480 level to remain valid
TRADE SETUP Added on Aug. 4 as stock moved past high of Aug. 3. Entry at 505.90. BUY ZONE => $503.09 - $513.15 STOP LOSS Stop loss at close below Aug. 3 low (490.23) or first decisive close below 5-day moving average line. GOAL 5% to 10% profit goal (531.2 - 556.49) or first decisive close below 5-day moving average line. E ARNINGS DUE DATE Oct 16, 2020 Estimated
#Netflix stock analysis , Netflix completed the W pattern Which is shown in the diagram inside the square , After completing the pattern of W , price moved up a little higher than we expected , But it was then that the the earning released and forced the price to start a correction , but at this moment That the world is suffering from disease and people have to...
Netflix hasn't been able to retain that growth force from last weeks and is in a somehow lateral vibe. The world is still in pandemic mode but it doesn't mean that there will be new customers dying for sign a new membership. If anything, some people could cancel the subscription if their financial situation gets worst. Although the market does whatever it wants,...
Since earnings, every time the market try to push it down hard, somehow the market push it up again. From our original FIbo Analysis, is now in the .382 fibo zone and trying to get back to the .50 level. I would believe that the "big mass" of subscriber has passed and therefore there is more likely that the price goes souther. But who are we to know it? the...
Hello traders, here is the analysis from our team : We feel; These area's. Will give best results for scalp buys, Or Sells. #1 Sell @ 00000 #2 Buy@ 486.27 * Futures sometimes run in one direction during Day. * So. If no Momentum, Or pullback in these area's for 7/27/2020. Void trade. We like 130 pip Sl/Target. Take profit 5 to 130 pips, Move STOP LOSS UP WHEN YOU...
Nice opportunity here to buy a fake breakout of Nasdaq double top. 100 hour SMA has not yet crossed the 200 so this looks like a fake breakout buy signal. Really this is a pullback to the 4hr 200period Moving average. Quite rare in tech and a great buying opportunity here. Big area of support below so we can go at this with a wide stop if we like. There...
GOOD PROBABILITY THE MARKET WILL KEEP GOING UP
NETFLIX weekly buying area 451 - 457 Let the price to come for any global cues,and buy for few weeks
let’s look at today’s ideas. Let’s start from EURUSD. For this currency pair we have to wait for the reaction of the price to the resistance level. If the price holds above – go long till 1.1380. And if it holds below – go long till 1.15, pretty simple, right? GBPUSD – The price stays inside an important resistance level. I expect the price to go down and hold...
As you can see the price bounced from an important support level around 490. So, this is a nice chance to go long for this stock. And the first target will be around 530.