NASDAQ:NFLX Possible Scenario: SHORT Evidence: Price Action TP1: 211$ TP2: 195$ TP3: 165$ *Today is the earning day, and I expect a 20% haircut. Let's see. My idea is based on price action, not ER; ER accelerates it.
Earnings on 10/18. Looks like it's going to hit 280. Thats my bet.
On H4, with the price moving below ichimoku cloud, and RSI is showing a descending trend, as well as breaking the support line, we have a bearish bias that the price may drop from the sell entry at 212.72, which is in line with the 50% fibonacci retracement to the take profit at 163.08, where the previous swing low is. Alternatively, the price may rise to the stop...
Held VMA and printed a big bullish candle on 09/28 ++ Now reclaimed 11 EMA and seems to be bullflagging on daily. ++ Has shown good resilience in weak conditions. If it breaks 252, will likely test 300 before ER.
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
NFLX is expected to break to the upside but due to current market conditions she might get dragged down with everything else. keeping a close eye on the break out to the downside or the upside keep close eyes.
Hi guys, i'm looking some stock to buy in the coming weeks/months if market will collapse and for now i'm watching carefully Netflix. What do you think? Is the 2012 crash similar to today situations? Let me know, for now i'm just looking at some good entry point to start accumulating
• NFLX is trading inside a range between $213 - $ 251; • The 21 ema is flat, another indicator that the mid-term trend is neutral; • Since it is a congestion, NFLX is a buy when it is near $213, and a sell when it is near $251; • The price action is uncertain, and NFLX would need to do a real breakout either to the upside or to the downside so we can work with new...
Netflix - Intraday - We look to Sell a break of 214.49 (stop at 224.21) Price continues to trade within the triangle formation. Posted a Double Top formation. Trend line support is located at 218.00. A break of the recent low at 214.69 should result in a further move lower. 214.69 has been pivotal. Daily signals are bearish. Short term momentum is bearish....
NFLX has proven in recent weeks to be the strongest stock in the FAANG family of stocks. It has held above a long-term trendline linking the 2013 and 2016 lows. Comparing the ratios of the SPX and each of the FAANG stocks, NFLX is the only one that has held above the June 2 high. This is a short term trade to take advantage of a bounce and then decide according...
If we have a small relief rally, we might see NFLX going a bit up.
On H4, with the RSI is showing a descending trend, and price is breaking ichimoku cloud, we can expect the price drop form the sell entry at 241.61, which is in line with the 50% fibonacci retracement and overlap resistance to the take profit at 228.89, which is in line with the overlap support and 61.8% fibonacci retracement. Alternatively, the price may rise to...
Distribution zone(Down Flag Formation) on Netflix stock. If ıt broke out down the price may dump. According to momentum ıt will break out to down.
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...
after a creation of the reversal pattern '' Doube Top '' and at the same time a rejection of the price at the level of the supply zone, we will see a drop in the price
hello dear traders see this price action for nflx price 210 days will be range betwean 203 $ and 248$ you can : buy low ... sell high stop loss need for any position
nflx short idea double top into fomc rate hikes...looks easy enough..
A simple trendline following the Netflix crash. I drew it in when there was a clear second local top/peak. This local top was confirmed by the April 20 crash. There is no need to try and "catch the falling knife" as eventually NFLX trended sideways until it broke the trend line . This is shown circled in yellow. Once it broke and pulled back to the trend (almost....