Netflix Inc. (NFLX) presently approaching meaningful support, able to contain weekly perhaps monthly selling pressures. From here, (NFLX) can continue higher to notable resistance, eliciting gains of 15% over the following 1 - 2 months, and gains of 20 - 30% over the following 6 - 8 months. Inversely, closing below support on a weekly basis would put (NFLX)...
Trend looks bullish to me on this time frame. Buy dips. Stay long
🔹Breakdown support of rising trend channel in the medium long term. 🔹Target price of 193 was achieved after a breakout the Inverse Head and Shoulders formation. 🔹Support at 174 may indicate a POSITIVE reaction, while a break below this level indicates a NEGATIVE signal. 🔹 Technically slightly POSITIVE for the medium long term. Chart Pattern: 🔹DT - Double Top |...
Netflix - 30d expiry - We look to Sell a break of 410.77 (stop at 430.77) We are trading at overbought extremes. 485 has been pivotal. Prices have reacted from 485. Short term bias has turned negative. Short term momentum is bearish. 411.50 has been pivotal. A break of the recent low at 411.50 should result in a further move lower. The bias is to break to...
watching netflix over the last few weeks/months, seems to be making a clear head and shoulders move downward, and it would be enhanced by disney/hulu initiating the password sharing and limiting customers that were only paying for one or the other, the user pool was probably diluted from the password sharing as a majority of people dont want ads or pay extra...
Introduction: We are calling all savvy traders! Brace yourselves for a groundbreaking announcement that has the potential to reshape the entertainment industry as we know it. Netflix, the streaming giant that has revolutionized the way we consume movies and TV shows, is now stepping into the realm of video game streaming. This exciting move will diversify...
Daily Chart Netflix NASDAQ:NFLX has downed from $485 to $431.6 now Netflix has the support zone around $365 that is good level to buy for next bull run Wait for next move
Netflix NASDAQ:NFLX EARNINGS RELEASE TODAY (AFTER THE CLOSE) Entry Pending Until: - Break above overhead resistance, making it support - A revisit of the 200 Day SMA - In both, tight stop required We are currently oversold on the RSI and whilst the stock could remain oversold for weeks the last 2 times we reached this exact RSI level we were rejected. For...
NFLX up trended starting June 1st through an upper long term anchored VWAP to the next higher VWAP line coinciding with earnings. NFLX dropped after good earnings probably because investors expected even better. On the 30 minute chart, NFLX has more or less completed a 45-55% retracement of that trend up and is now sitting on the VWAP line that it crossed...
Short-term top of NFLX has already appeared This chart shows the weekly candle chart of Netflix's stock over the past year. The graph overlays the recent bottom-up golden section. As shown in the figure, the recent high point of Netflix's stock is exactly 3.618 on the golden section in the figure! The weekly pattern of Naifei stock last week showed a very...
NFLX on the 2H chart is rising with the shortest EMA rounding up . Price is now above the POC line of the volume profile showing buying pressure has extinguished bearish momentum. The RSI indicator shows RSI to have trended down into oversold territory. Fundamentally, NFLX revenues have increased with the household password crackdown. Traders and...
New 52-week highs this week, powered by the Dow which, on Friday, extended its streak of positive days to ten — something the blue chip index has not done in almost six years. The Dow has been powered by, among other things, a slew of corporate financial results, particularly from the banks, which showed not only improved profitability, but also strong guidance...
After the filling and rejection of the gap left by the market in the bullish trend we will see a reversal to fill the gap of the dump of the price - ''GAP'' is a better trading opportunity take advantage of it - Trading is probality control you risk management Good Luck !
NFLX started a good trend up about June 25 and then pulled back in the day after the earnings report. Although the earnings beat expectations, price continued to drop in a VWAP breakdown shown here on a 2 hr chart. Over the 2 days that followed, price has continued down at a slower rate and candle ranges are diminished. Importantly, the zero=lag MACD...
Firstly, let's acknowledge that as a leading global streaming platform, Netflix has experienced tremendous growth and success over the years. However, the recent announcement of a subscription price increase raises concerns about the company's future profitability and market dynamics. While the subscription increase may seem logical to counter rising content...
Over the past few years, Netflix has undoubtedly revolutionized how we consume entertainment. Its vast library of content and the convenience of on-demand streaming have attracted millions of subscribers worldwide. However, recent trends and market indicators raise questions about the sustainability of Netflix's exponential growth. Firstly, the streaming...
In mid-October 2022, the NFLX share price was about $250; in those days we wrote the post “Is Netflix starting a new bull season?”. Since then, the NFLX stock has more than doubled in price. But after the publication of yesterday's news, everything has changed, hence the headline. The company added nearly 6 million subscribers in the quarter, with a forecast of...