Well, the question should rather be: “Are you still climbing?” Indeed, Netflix still has got some room left to expand wave 1 in turquoise further upwards, although the next top can be placed anytime now as well. As soon as this is done and dusted, the share should turn downwards to develop wave 2 in turquoise before the next stage of ascent can start. However,...
Pair : NFLX ( Netflix )
Description :
Bearish Channel in Long Time Frame as an Corrective Pattern with the Breakout of the Lower Trend Line and Retracement
Break of Structure
RSI - Divergence
Completed " ABC " Corrective Wave
Bearish Channel in STF with the Breakout of the UTL need to wait until it Completed its Retest
Impulse Correction Impulse
Netflix has brought wave b in magenta on stream quite commendably and has already touched at the gray zone between $343.40 and $359.13. Thus, wave b in magenta could be finished by now, although the share could just as well use the remaining room in the upper part of the gray zone to place the corresponding high. As soon as this is done, the course should turn and...
You can see NETFLIX is at the resistance box, I'd say it won't break it and it will go to 184$ nPOC, VAL level is the last support and below it we are looking for NTFLX to hit 140-150$ nPOC, there we can expect bounce.
Hi there,
Netflix has seen CRASH and it bounce back but lost momentum. As you can see on the CHART.
NETFLIX may go to MAJOR SUPPORT LEVEL DOWN DOWN DOWN
Kind regards
After a huge gap, investors such as Bill Ackman even the CEO of Netflix are buying the dip in this strong support line in all extreme oversold levels. We expect the price to recover if there are no bigger corrections on the main indices. Netflix is experiencing less growth due to higher competition but the company still has good numbers. It's a buy and hold.
Dates in the future with the greatest probability for a price high or price low.
The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will...
