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.
NFLX stock jump out of the bullish trend. This looks like a good opportunity to open SHORT positions for around $510. Take profit should be set between $460 and $480.
ENTRY LEVELS - LONG NETFLIX:
$468
$435
$395
The market is generally always bullish. but he lost a bit of that strength. at the moment he is creating a trading range in the weekly chart. if he ever breaks the (465) with power. there is a probability that he can reach around (413.93)
but if he ever breaks 522 with power there is a probability that he will reach around ( 590 )
Hello Traders,
As we said in our last analysis of Netflix stock price , Netflix’s stock is showing good performance for long terms investment.
Actually if the stock could break the resistance Max M2, we could see a growth to the resistance Max M2.
However if the stock breaks the support down, we could see a decreasing trend.
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...
Possible buy on netflix
Users must be skyrocketing with everyone at home from the pandemic..
Included a bearish scenario
Using fib spirals still
Risky buy
NETFLIX reversed off its resistance at 320.36 where it could potentially drop further to 281.42.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
