This is my first chart and am an beginner trader, comments welcome. But I think Netflix will fall further, based on head and shoulders (in chart) and based on general tech fallout. My idea is to go short for an unknown period, till 250 be possible further down, depending on point in time you base support on.
NETFLIX HEAD AND SHOULDERS TOPS , for confirmation wait for the breakout.
I strongly believe that the Amazon negative market action after earnings can cause a ripple affect in the tech sector. This will affect netflix to fall with the crash.
Bitcoin market cap surpassed that of Goldman Sachs and then after breaking the parabolic advance Bitcoin dropped 70% from its ATH. Netflix market cap surpassed that of Disney, the right catalyst cause a break of the parabolic move and offer a great shorting opportunity. Entry Break of the parabolic advance and fail to create a new high within a reasonable...
Are we beading to a huge sell off? Chart says so MACD is down, looks like a double top at ~400 USD mark Initial Target is $200.00 Volume is non-existant, and we can expect a red glow to arrive whenever the sell off begins.
Possible Gap -> Gap short opportunity after its downtrend after major parabolic advance was broken. 385 proved to be significant resistance before, I will be hoping it can yield another great trade again but with greater results. 332 would be a logical TP, then filling the gap at 227 would be my short target, the gap at 194 (where decent VPVR backed support is)...
TWLO TWLO has been oversold and great day momentum trade. Looking for resistance below current price around $63.50 area. Market Cap is higher than Enterprise value, but the world is going to need more of what they offer....6.47B vs 6.1B. VIX Rult #1 VIX Rule #2, don't forget Rule #1 VIX Just reminding you About; Twilio Inc. offers Cloud...
Just finished listening to the #Netflix earnings call today. It seems that this platform business model has plenty of international upside as they move towards penetrating the Indian consumer entertainment market. As of right now we're seeing the stock gap up massively back to all time highs which is signaling to me more upside to come. It's interesting how...
Are you wondering where the trendline is? Well, I don't like being the guy who's giving you bad news all the time, but that impelled me to be here, to avoid people failing because you are just part of an external plan. Is this asset overvalued? I think so, even more than Wall Street expected, which is a value per share around $382. In my case, my PV is around...
Countertrade CNBC Trader Michael Khouw (stock market) Warren Buffett: “We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.” Sir John Templeton: ''Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria. The time of maximum pessimism is the best time to buy, and the...
By counting the waves, I have this as the end of the entire B wave structure. Shorting between the 0.382 (price. 28.70) and 0.5 (29.70) fib extension, would be desirable. For the wave C- wave i have the first target at 21 USD, where the .1 extension is located. For the fundamentals it was reported that AMD -2.20% has been underperforming in terms of losing...
Bearish outlook for netflix. Invalid if we break above the support zone.
We are seeing some early signs of bearish sentiment ... I have said multiple times in the past if we get some type of correction in stocks it will be because of overvalued tech stocks such as google amazon Netflix nvidia and many others.. I am not trying to call a top here! we still need to make more lower lows to confirm the trend but we are getting early signs...
Technical Analysis and Outlook Bulls rebound from Mean Support $316.70 signaling that higher prices are a possible interim by targeting Mean Resistance $356.30 (Bull Stage). If the stock extends the ascend by closing above Mean Resistance $356.30, this would confirm that a short-term bullishness has been positioned with Key Resistance $381.50 . Bears will...
NETFLIX, H4 & Daily Netflix's third Quarter earnings for 2018 will be reported after the US Market close on October 16. The consensus recommendation for the company is "strong buy", corresponding to the majority of the consensus recommendation for the Online Services peer group , as 21 out of 32 Analyst Firms recommending "buy" or "Strong buy" and 9 suggest...
The recent Netflix -0.58% drop has been stopping and breaking support lines set up within the last month or two. We have one final line I identified, and it can either bounce or continue to drop from that point further. I am very new to the investing game, and this is just an idea. Does anyone have a prediction for how it will interact with the support at 323 USD?