Really perfect trade missed on NFLX today. These I find are fairly easy when the market environment is right. Bounced off of the 100sma on friday and traded RIGHT back up to the beginning of its latest runup on 10/20 today- to the penny. Would have taken that all day had I seen it. Fibs previously drawn. When I see setups like this on names I watch regularly, I...
Bull Scenario
NFLX triggers Bull to Mark Up into our Bull Targets
NFLX finds support at our Bear Trigger to Mark Up into our Bull Trigger
Bear Scenario
NFLX triggers Bear into our Bear Targets
NFLX finds Resistance at our Bull Trigger and Marks Down into our Bear Targets
Neutral
Price action stays within our Trigger levels (inventory rebalance)
Side...
Im looking for NFLX to push back above $677 and head towards ATH. It held up well during the sell off Friday. Over $677 i will be entering $680 calls (1-2 weeks out) with little resistance to $700. If we get a false breakout i see puts down to $645
Is NFLX Netflix heading for a Head and Shoulders Bearish formation Chart Pattern?
My price target is the 628usd resistance.
I look forward to read your opinion about the price movement.
Netflix stock NFLX is seen hugely stick to its bullish momentum, despite the stock's bears trying to confirm the price's reversal pattern (Double Top).
The reversal pattern has failed; the stock tend to rebound from the lower boundary of the ascending channel to hit $689.65 point.
Now I just got Pro+ on Black Friday sale so I'm having some fun with the chart layout.
Here's the reasoning for my shorts:
AAPL:
- Bearish Rising Wedge
- Decreasing volume to pair
MSFT:
- Bear Flag in massive pivot zone
NFLX:
- Quite large double top after significant uptrend
- Neckline recognized as pivot point
- Decreasing volume to pair
Note: I would...
Netflix in global growth. After a false breakout of the level of 690.87, the instrument goes sideways in the phase of energy accumulation. There is a lower level, behind which the liquidity zone is located, perhaps after a strong corrective downward movement there may be a false breakout and price recovery from the support level 645. The instrument has good...
Two recent stock events have called into question how markets are pricing stocks. The first event is the OG meme stock, Tesla (NASDAQ: TSLA), hitting a one trillion-dollar market cap. And the second event is EV newcomer Rivian Automotive (NASDAQ: RIVN), surpassing the valuation of Ford Motor Company (NYSE: F) after listing on the NASDAQ.
One way to gauge how...
i think for this week it's going down . with the double top pattern . the key levels are in the chart . That's My Personnal Opinion . Hope You Like it .
Nice pullback into the bottom of the channel/trendline and support.
There is a lot of confluence in this trade, however it is safer to wait for any sort of rejection of last week's low.
Target to be a new ATH
Roku is a buy in the blue zone (112 - 118). Ideal price is 116.
- That represents the 618 retracement from its most recent trough and peak.
- It's also where the 50 day moving average falls (118)
- And where the most significant short term structure is.
And here is Roku inverted on a longer term basis... Sometimes seeing charts upside down show things more...
"Netflix Inc. overtook Walt Disney Co. in market value for the first time since last year after the amusement park owner's earnings stoked concerns about slowing subscriber growth in its streaming business." (1)
Right now, Netflix is in the Top 5 list of producers of original television and movies. After titles such as Squid Game, Stranger Things, and more, we...
