This idea is an update to my original idea "Earnings Pop to 520" (see link).
NFLX needs to make a sustained break above 569 to initiate the next move higher to 585 (minimum target).
Once we get this break it will take the following path - expected path is the black arrow:
- Run to 585 (by 2/2/2024 earliest, 2/9/2024 latest)
- Pullback to test 577 for...
ROKU has been downtrending in a retracement of the uptrend from late May to mid June.
On the 2H chart, price has fallen from the top of the fair value zone the bottom of the fair value
zone. The zone is the area between the VWAP bands of the anchored VWAP. Institutional buyers
prefer to buy in either the under valued zone or the lower portions of the fair...
ROKU trended up paradoxically from less than a fairly weak earnings report about November 1
'23 and then reversed into a trend down into the support of the 0.382 and 0.5 Fib levels in a
retracement. Price is now forming a head and shoulders pattern having found that support.
It is above the POC line on the evolving POC and high volume area. Based on the...
Netflix (NFLX) has gone a long way since our November 28 2023 buy signal (see chart below) that reached our $580 Target, giving more than +20% return:
As the price has been consolidating for practically 2 weeks, it is time to update our outlook for medium as well as long-term investors. The long-term Bullish Megaphone pattern that started on the July 13 2022...
In its past NFLX got through the Covid downturn with only a 10% correction, then went through
a rise into a year of consolidation and finally another big trend up which reversed badly in
Winter 2021. After a business model adaption and modification of subscriptions and
password/account sharing protections, price has made great gains. On the weekly...
Back in July 2023 NASDAQ:NFLX on earnings did a weekly price Spike across a major 50% Retracement level. I entered into a short trade on the stock which worked well for a few months until the market turned decidedly bullish in October and then the trade stopped out. The recent earnings pushed the stock price higher as Netflix net income is dramatically higher...
Disney's recent move to license more TV shows to Netflix marks a significant shift in the streaming industry, bolstering Netflix's extensive content library. Historically, Netflix has heavily invested in content, spending over $17 billion annually at one point, to maintain its industry dominance.
However, Netflix has faced challenges like subscription fatigue and...
We had a great bull flag setup going into the earnings.
Now the target got hit, will be watching for a retracement into early Feb and another push higher into Feb OPEX
Nothing bearish here to even try taking a short trade. There is still one more gap to close above the price, should be hit first before reversal starts.
Also the price might just...
Netflix (NASDAQ: NASDAQ:NFLX ) has once again defied expectations with its stellar fourth-quarter performance, surpassing Wall Street estimates and achieving its largest-ever subscriber growth for the final quarter. The streaming giant added a remarkable 13.1 million subscribers, soaring past the projected 8.97 million, and bringing its total subscriber count to a...
I have called a couple real big pattern moves on #Netflix
so on todays mega rally
I take a quick look at the potential price projections that may or may not end up occurring
I am not a guru or price forcaster
i just draw lines on charts like always
Your Risk
Your Reward
But i am someone who does highlight Risk i.e. downward prices when I feel/see that...
NFLX Price Sharply Rose on News of an Increase in the Number of Subscribers
The closing price of NFLX shares yesterday was 490.50, but during after-hours trading, NFLX experienced a sharp increase due to the release of the report. Today, in pre-market trading, NFLX is priced at over 530 dollars per share.
The main surprise contained in the report was the...
Like many others, NASDAQ:NFLX has shifted to a wide sideways trend ahead of its earnings report today after the close. There is no pre-earnings run here. Current volume and price trend are not patterns that inspire a good earnings surprise.
HFTs are always watching news ahead of open on high-profile stocks to get ahead of retail market orders. A gap is likely...
Netflix ( NASDAQ:NFLX ) has made a bold move into the world of live events with a more than $5 billion deal to exclusively stream WWE Raw starting from January 2025. The 10-year partnership extends its reach to the U.S., Canada, Britain, Latin America, and other territories, marking a significant shift for the streaming giant. This transformative deal not only...
Netflix (NFLX) is reporting Earnings today and what we see from the past 4 weeks that has been unable to make new Highs, it might be pricing a peak. That peak might be a technical Higher High formation on the 1.5 year Channel Up, which is the Earnings disappoint, can initiate a medium-term correction towards the 1W MA200 (orange trend-line) and 1W MA50 (blue...
Some analysts anticipate that Netflix's stock could reach a new 52-week high above $500 per share following the release of its fourth-quarter earnings report this Tuesday. The $506 mark is considered a target, representing the price it fell to at the beginning of 2022.
Positive sentiment towards Netflix has grown as profit estimates have been revised upward 17...
NASDAQ:NFLX I expect a bullish movement towards the 518 level if the resistance zone at the 503 level is breached and there are candlestick closures. Our support level is at 461.
Like and comment if you find value in our analysis.
Feel free to post your ideas and questions at the comments section.
Good luck
Netflix was being accumulated well prior to the POP> Check out how Unusual Market Volume Detector Identified the BUYING after Price divergence on the 12th OCT.
It is profit booking for sure, there is clearly a Red TrapZone and Red UMVD in place for now. So only shorts are active now for Netflix.
TrapZone and UMV combined together are complete automated technical analysis indicator package. You get to clearly see in Realtime the market trend strength and volume confirmation.
