WMT Wal-Mart made their high in 2015 and ever since it's going down. More problems will surface with this company as more days pass by. But there are only 3 Green support lines @ work 1997, 1987, 1982. Probably the next good support is area of $50-$45. Then when it breaks it is possible to re-visit $5 area for ultimate buy zone. With the time line analysis it may...
NFLX has been stale, like predicted, since May-June. We all want to see subscriber growth and the long term plan for taking over TV. With such high valuation, the stock needs to perform. I recommend waiting until earnings to make a decision, but if you are a big risk, big reward type of investor...if you feel confident, now may be the time to strike. www.trendyprofits.com
I got inspired by Tim West's chart (check RELATED IDEAS below) and the current stock market conditions to make my analysis on Netflix. Happy trading!
$NFLX is currently testing the upper resistance, MACD is flat and RSI is level. This could move either way. If it pops and resistance acts as support, buy.
Signals: breakout of inclined resistance pennant gap Buy 97.00 Stop 92.94 Target 107.00
I'm seeing strong short term downwards pressure on Netflix. Target for profits is about 85ish. There is very strong support down below 85, which indicates to me that someone with deep pockets and a long term view is aiming to keep netflix above that level. If that is the case, exiting at 85 and going long would be the best play.
$NFLX is currently neutral. This will pop or drop on news. Look for the wedge to get tighter throughout the QTR and earnings to move this.
We have a nice short opportunity in NFLX, down for the day after rallying against Key Earnings resistance. Stop loss should be 96.85, and aim for a 5 ATR drop from here. Good luck! Check out my updated track record here: pastebin.com If interested in my real time whatsapp alerts and swing trading newsletter, or in personal tuition, contact me privately. I'm...
If you are looking for shorting opportunities on Netflix a possible breakout of this structure seems ready.
Hi traders, Looking at the daily Netflix chart right here, and see that price is at previous turning points right now. So there is a possibility for traders to enter right now at $ 85.65.. There is also another possible entry at the swing low of February 2016, at a value of $ 80. Entry, stop and target are based on structure. -------Trade 1------- Entry: Current...
SHORT THE NETFLIX IN WHEN IT TOUCHES THE RED LINE WITH SOME STOP LOSS ABOVE THE RED LINE. But short deep if fails to break the red line. Probably triangle playing out.
Netflix shares dropped 13.13% on Tuesday on disappointing results. On the daily chart, we saw a bullish break from symmetrical triangle on Monday followed by a bearish break below symmetrical triangle on Tuesday. Volumes on Monday were at record highs in recent history. That adds credence to the view that the stock is unlikely to see a major bullish move in the...
Could go to 79-80$ range next week ! Cheers, Keops
NASDAQ: NFLX took a massive hit today dropping currently around 14.00. As for the future of NFLX, there are two possible scenarios that could unfold. The first scenario involves the idea of NFLX falling to 80.23 by July 22nd, with a rebound back to 85.00. On the other hand, the second scenario involves the idea that NFLX will rebound by tomorrow and spike to...
EVEN THOUGH I AM LONG Currently, BUT MY MONTHLY CHART IS SLUGGISH, WEEKLY IS STRONG still but some weakness there. So for some one who lost $100k in 08/09 and has been watching market for about 2 decades; "time to warn". I do my own analysis and manage my own money. Those are the lines and suggestion for key resistance level to see if new bear market comes after...