The price tested the resistance and couldnt engulf the range well the netflix price will test support in future days. Let see
Netflix - 30d expiry - We look to Buy at 332.21 (stop at 312.09) Daily signals are bullish. There is no clear indication that the upward move is coming to an end. Previous resistance at 330 now becomes support. Previous support located at 330. 329.82 has been pivotal. We look to buy dips. Our profit targets will be 382.42 and 388.42 Resistance: 368.90 /...
Bring on the Popcorn! The Netflix stock continues to rise and should finish the turquoise wave A soon. Once completed, the stock would fall into a correction until the course drops below the support line at $252.06 and wrap up the turquoise wave B. Once the stock hit its corrective low, the course can start an upwards trend to climb further North in the longterm.
Trading marginally higher today after an upgrade by Jeffries to buy from hold. The Wall Street firm, which also boosted its price target to $385 from $310, said the launch of its advertising-based offering and crackdown on password stealing will drive revenue and EBTIDA above estimates. Technically, looking for resistance to be broken down at around $330, to open...
Not financial advice. The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
Netflix - 30d expiry - We look to Buy at 281.11 (stop at 265.74) Our short term bias remains positive. Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end. 50 1day EMA is at 276.80. The 1 day moving average should provide support at 276.80. Daily signals are bullish. Expect trading to...
Netflix - 30d expiry - We look to Buy a break of 306.01 (stop at 279.87) Short term momentum is bullish. Short term RSI has turned positive. A break of the recent high at 305.52 should result in a further move higher. 305.52 has been pivotal. In our opinion this stock is undervalued. Our outlook is bullish. Our profit targets will be 368.68 and 378.68...
EMAS, support, resistance. NFLX has is currently near the November highs and looks pretty bullish and might break through to a new November high.
If there are enough buyers, NASDAQ:NFLX might close above the 200MA, after months of trading below this level.
Hey friends, Netflix reported positive earnings again for the first time in Q3 2022. What a coincidence, though, that the stock has been trending upward again for 162 days. The Netflix stock has gained almost 80% in value and the recently published quarterly figures seem to indicate that we have finally seen the bottom of the streaming giant. Netflix has now...
Cup & Handle formed on daily. Gap close is likely. RSI broken above 50 and out of the downtrend (Bullish momentum) Target $338.39 Concerns: Moving averages are still down 200 > Price. Overall downtrend still evident Bias- bullish
Bearish Divergences forming on daily timeframe. We expect the stock market to pull back in the next days therefore Netflix may retest the support one more time to build a strong base before filling the gap. Be patient, wait for a pullback . Buy low, sell high
It’s that time of year again; earning session for US stocks. With so many other variables contributing to volatility in the US markets (e.g., inflation, Fed rate hikes, recession, oil prices, quantitative easing), anything out of the ordinary can result in huge moves in stock prices. This has already been witnessed in an early report from Nike (NYSE: NKE) last...
Netflix - 30D expiry - We look to Buy a break of 252.11 (stop at 234.98) Daily pivot is at 251.99. A break of yesterdays high would confirm bullish momentum. We are trading at oversold extremes. Although an initial rally was posted, sellers emerged and follow through bearish momentum resulted in all the previous day's gains being overturned. Daily signals...
Netflix, Inc ( NASDAQ:NFLX ) Sector: Technology Services (Internet Software/Services) Market Capitalization: $103.870B Current Price: $233.57 Breakout price trigger: $236.60 Buy Zone (Top/Bottom Range): $232.30-$211.85 Price Target: $246.60-$250.60 (1st), $298.20-$304.00 (2nd) Estimated Duration to Target: 13-15d (1st), 54-57d (2nd) Contract of Interest: $NFLX...
Just an idea and trade at your own risk. Netflix looking bullish on its weekly timeframe and still in uptrend channel. After testing the lower of the uptrend channel at area 150, uptrend is resuming and possibly to the upper channel of the uptrend.
Comparing two price points / patterns for NFLX The initial drops for both of these price points are very similar hence the falling wedge conclusion This allows for a bullish recovery on this longer term timeframe (Weekly)
Netflix Short Term We look to Buy at 170.63 (stop at 160.01) There is scope for mild selling at the open but losses should be limited. A bullish reverse Head and Shoulders is forming. This is positive for sentiment and the uptrend has potential to return. Further upside is expected. Our profit targets will be 207.19 and 221.00 Resistance: 192.00 / 207.38...