Netflix will continue to dip until October and gain investor interest for a short period and face another dip. It will climb to the very high 190s, possibly hit $200 because of excitement. Then will have a big downward swing into February only to get on a steady climb into the summer days as today.
Netflix its chart looks fine. The momentum turns into a positive sentiment and indicates that the bulls are fighting back on the short term. It's like the scenario of BESI where we saw doubts in the past but a positive momentum we didn't see in the chart. Netflix can advance to 171 dollars or even to 179 dollars. Then a pullback to 163-164 is the best scenario for...
If you are interested in more of our trades, check out our profile and Tradingview Indicator @ChaoticTrader
NASDAQ:NFLX Safe Trades;
If you are interested in more of our trades, check out our profile and Tradingview Indicator @ChaoticTrader
Netflix: NFLX - looks like I was 2 points out on the short set-up so it was never struck. But today's gap down confirms bears have entered the market now - and if it cannot be bridged today it spells trouble ahead...stop chilling now. OK?
Netflix: Approaching long term resistance and about to become vulnerable to profit taking. Stop chilling now and pay attention to this stock next week. Opportunity about to knock.
`The chart for Netflix on the daily time frame is turning bearish, this is also in line with the weekly time frame. The indicators are also indicating that a correction might soon come. Take profit target 143 - 139 and 122. Stop loss: 166
Today's was a Netflix ($NFLX) trade. Check out our profile link to read more. Synopsis: Netflix (NFLX) has had a really strong uptrend run since the election and has gained a massive percent since their last earnings call. Unfortunately, the most recent quarterly earnings caused a clearly evident swing in emotions of traders, because the price crashed almost 1%...
I'll be the first to admit that I've been bearish on NFLX for a long time. Long enough to see my short opinion be ripped to shreds as NFLX share price climbed higher and higher. For those that have followed my ideas on US Equities, you know that I am not a fan of highly leveraged balance sheets. Well, NFLX is no exception. NFLX Cash to Debt Ratio is 0.52, and...
After the great run NFLX has had over the past few months, the stock is trendline resistance. As the stock has made higher highs volume on these days indicates bulls are treading cautiously. I believe with earnings 18 days away that we could have a significant long term (6-12 months) decline in the stock price. Gaps need to be filled and no one likes filling...
We have a number of indicators here that show a possible bearish for the short - mid term case for $NFLX. 1) Trading at top of the range. 2) RSI very over extended representing overbought territory. 3) Markets are at all time highs 4) Its extremely expensive right now with a P/E of 338. 5) MACD starting to curl down on the weekly chart.
Netflix has enjoyed a very strong bullish run but I think it may be time to cool off.
Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) Best regards :) Aaron
NASDAQ: NFLX seems to be following a channel between 140.64 - 129.02. Will the trend continue to peak and fall around the 140 mark or will it continue to fall to a lower 130? Personally the stock seems to be healthy but, it is also near its all time high. I would think it would fall for a few more weeks. Go check it out.
Short here with near term bear put option until 20th January, and play the IV collapse 1 day before earnings (27th jan) with calendar put