Keeping the analysis that the correction of the companies had to come back to the original value (channel 2018-2019) Here is NETFLIX CORRECTION
Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I will personally reply to every single...
We are looking to buy NFLX if the price breaks the trend line, we notice a Support level after the gap, the market tested 356 level twice rejected and run-up. Waiting for opening and confirmations.
Today we were discussing the purchases of Netflix NASDAQ:NFLX by Bill Ackman: Ackman sent a letter to investors in his hedge fund saying he had bought more than 3.1 million shares of Netflix, the video streaming pioneer whose stock had seen such vast reversals in recent days that it had been trading at June 2018 levels. At Netflix’s current price of about...
-We are looking for a break below 405.22 it may seem that we have bounced off these levels but it can be an oversold RSI recovery then back down for some more -Keep on watch no entries unless we see a clear set up -looking for the 9-day ema break as well to be safe here
Monthly chart is showing clear breakdown..short term rally is likely to be short lived with more bad news to follow. Below 420, next level is 250. Everything that goes up comes down.
Netflix (NASDAQ: NFLX) shares have tumbled 30% YTD, similar to its tech brethren, who have by-in-large, been facing huge downward pressure. For interest sake, NFLX was down 37% from its all-time high in November 2021. Two major events have eaten into the gains that NFLX made in 2021. The first is investor confidence waning in growth stocks in the face of looming...
Key highlights: 1. Sitting in Daily demand zone 2. May try to reclaim 200MA cluster 3. Volume climax 4. Sitting at previous swing level 5. Formed a high volume bullish hammer on daily 6. RSI oversold on multiple time frames Conclusion : Expecting a relief rally in the coming week. Disclaimer : This is NOT investment advice. This post is meant for learning...
We have finished the 5th impulse wave in our predicted channel. So, we expect a abc correction...
Today, we will take a look at NFLX after a massive gap. Where is the price right now? Is making contact with a weekly trendline that started in 2017; therefore, we have to consider this level a relevant zone to think in potential bouncing or breakout movements. Bullish Scenario: The price is able to bounce on the weekly ascending trendline and makes a...
The story of Netflix will be repeated in all Tech stocks..! If you are looking at the performance of FANGs you can see that storm has just begun! Best, Moshkelgosha DISCLAIMER I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal...
As the rumores around rate hikes, the tech stockes faced a dramatic slide we speculate that the bear trend is just about to begin! During pandemic era tech stocks such as NETFLIX(NFLX) have risen to its ath and there might be the proper time for a consolidation. NOTE : The results that will be published in wednesday and thursday would be extremely imoportant!
Disney, T Mobile, Amazon, Charter Communications, Netflix. What do all of these companies have in common? 1) They are all >$100B market cap. 2) They all have >10B Gross Profits. 3) They are all at 52 Week Lows. 4) They're all on my shopping list. Amazon just had it's worst week since 2018 after underperforming the S+P in 2021, but this behemoth isn't...
Netflix collapsed and touched its pre-covid crash peak. Looking at the FANGplus Complex as a group, there's cracks in the armor. Is Netflix a warning on what is yet to come? Do markets want to trade back down to their pre-covid crash peak? The weight of the evidence is certainly pointing towards a sizeable correction. Thoughts?
Netflix has dropped to pre-pandemic levels, let the bottom set in before making a move.