looks like we see some rejections ! let's see if we can catch a downside move Monday !!!
Not an ideal set up here for a long, looks good af to short though.. Will do that here and labeled fib levels which could offer support. Rising wedge in the works here and 300 looks at least to be tested soon.. possibly below that if the formation breaks down.
huge bounce on NFLX due to it being oversold. downtrend seems in tact therefore i wouldn't be surprised to see a huge rejection off the first test of previously lost support now turned resistance. heads up out there
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...
Following the channel here with Higher Highs and Higher Lows show bullish movement of NFLX, however I plan on a Short term ride back down to lower trendline indicated here and will enter when I get full confirmation with RSI crossing back down as in previous others shown by arrows. What do you think?? Trade safe and have fun! Follow me on my voyage from 1k to...
I am neutral on SPY until I see price action but leaning towards short.. filling out the channel. This can go two directions right here as we see quite a but of support and resistance along each trendline. Anyone who tells you otherwise is lying to you.. Tests of upper trend line show high level of resistance in overall downtrending market however we see...
If break down the upper channel here is the general area I look for my entry.
As you can see by the chart trendline of wedge was broken. Long wicks circled by ellipses indicated bullish at resistance but it broke back down to take out the stop losses set by many who were anticipating a breakout. Re confirmed back above trend line with new wicks ellipses and retest for breakout to fill gap around 330. I will enter longs if above 322....
Netflix (NFLX) completed last week the Golden Cross pattern on the 1D time-frame, which is when the 1D MA50 (blue trend-line) crosses above the 1D MA200 (orange trend-line). By doing so it closed yesterday above the 1W MA50 (red trend-line) for the first time since January 06 2022, practically when its Bear Market was confirmed. Since it started trading, NFLX has...
The stock shows strong support by bullish parallel channel as well as confluence of a bounce back from C retracement arm of ABCD harmonics pattern. The buy time is just right, and buyers should aim high to 336 price.
Looking at the daily chart of NFLX we see the Ichimoku Cloud is showing us signs of an uptrend. As price is above the cloud we can see the green is on top of the cloud and the red is now on the bottom. For NFLX to continue this trend we need to see it bounce of the green lines of the cloud... As we did not hold the red line (Kijun sen)... It is now expected for...
after the rejection of the price at the level of the golden zone of the Fibonacci between 50 and 61 with an engufling candle we will see an increase in the price
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...
Still Neutral on NFLX, Going to see what it does today for possible either way. Let me know your thoughts on NFLX.
$NFLX The wolfe wave indicator is increasing in popularity as we continue to see more people using it and enjoying the results. NFLX has been traded aggressively in long puts and has done extremely well using the wolfe on shorter time frames. Now there is a massive setup for a gap fill down to 249 before filling any of the gaps above. The gaps that are above 300...
The Netflix stock shows strong upward channels after accumulation phase.
EMAS, support, resistance. NFLX has is currently near the November highs and looks pretty bullish and might break through to a new November high.
✅NETFLIX is now retesting a strong support level After a local correction move And I think that we will see A rebound and a move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅