Trend indicates more downside to come, I made a chart on Netflix a year or more ago now saying to buy, I believe this opportunity is over now/soon, we're now getting to a quarterly entry NASDAQ:NFLX NASDAQ:AMD Not to mention the PE ratio on AMD and many other stocks. Gains to be made.
ROKU here is on a one hour chart. IT has trended down from from its supply/ resistance area of 65-68 and has dipped into its demand/ support zone of 52-53 per the Luxalgo indicator. Price is presently far below the high volume area of the volume profile which shows the the highest volume at 64. At this point, short sellers are buying to cover and take...
🔹NFLX is in a rising trend channel in the medium long term. 🔹NFLX broken up through resistance at 370. 🔹The volume balance is positive and strengthens the stock in the short term. 🔹Overall assessed as technically positive for the medium long term. Chart Pattern; 🔹DT - Double Top | BEARISH | 🔴 🔹DB - Double Bottom | BULLISH | 🟢 🔹HNS - Head & Shoulder | BEARISH |...
NFLX gapped up on the morning of 5/18 with high momentum and a volume spike both of which faded by mid-day shown on this 15- minute chart. Since then price has been in a narrow consolidation range centered about the POC line of the multisession volume profile. Price is in the fair value area between the mean anchored VWAP and the +1 STD band. The zero...
NASDAQ:NFLX did not tag the horizontal line but came close. Looks like a bear flag but it needs to break before it becomes bearish. If it consolidate into a bull flag its bullish and it can break out. #netflix
The stock descended in wave A, a strong decline, and the rebound was in wave B, and it is possible that wave C will complete a strong five-way decline to retest the bottom of wave A or go a little deeper below, and thus a triple decline will be completed, and then prepare for the rise of a new impulse and make a larger historical peak Note.. The scenario fails if...
QCOM was the hottest stock of 1999, and had a similar fall from grace as the biggest tech names of the time, if not faster. Some of the top tech stocks by market cap were: MSFT, CSCO, INTC & IBM I believe in a 2-3 year bear market, but we are pretty close to 2000 levels in a lot of major Tech stocks already. A lot of people wanna sell it to the floor as fast as...
NFLX daily and hourly Top watch going into the week. Daily 9/21EMAs crossed and we broke out of this trendline with an explosive move outside the upper Bollinger band. Ideally, I would like a pullback to the trendline or breakout zone between 332.5-334.5. I've also got my eye on 336.5 level on the hourly chart for a possible intraday setup, but I'd rather bounce...
NFLX daily and hourly Top watch for me tomorrow. Daily 9/21EMAs crossing, wick down to support, and closing outside of the downward trendline. Leaning long on this. Watching how Disney moves to earnings tomorrow might affect the way NFLX moves. Looking for 334-334.5 zone to hold as support and launch this thing. Under 330 I think we revisit the daily EMAS 327-328 area.
I spotted this diamond a year ago after the earnings panic. Since then, I realised that institutions have been dumping Netflix at a prodigious rate. In fact, NFLX has gone from nearly 100% institutional ownership, down to 74% institutional ownership in around 15 months. This translates to institutions performing a dump of just over 1.5% of institutional...
Levels I am watching to trade options with tomorrow. NFLX daily and hourly charts. Top watch for me tomorrow, I'm leaning long for day 2 continuation breaking out of this pattern on the daily. Watching this bull flag set up on the hourly chart for a nice move. We have room to push 334.5 and 338. Also watching 328 and 324.5 support zones for a bounce if the flag...
NASDAQ:NFLX Daily timeframe * At the end of this triangle, ready to bust a move Bull: A move back to $373, if breakout Bear: A move back to $282, if breakdown
A double top pattern which is considered bearish This double top formed at a location of strong resistance Daily chart
NFLX Ready to trade this either way. Watching this sweet looking bear flag. Or a breakout of the pattern on the daily remounting the 9EMA and testing the 21EMA like we saw with TSLA on Friday.
NFLX is taking a bullish trend after some weeks going down. Is it time to go up? We will see it...
A couple levels I'm watching for this week. Looking bearish on the daily rejecting off the 21EMA with a long wick after earnings miss and the EMAS are about to cross. However, on the weekly chart we have a hammer candle with a nice wick down to the 21EMA and bounce back up to the 9EMA. Will be looking to play this either way. 319 is a big support zone to watch, a...
NFLX daily Gap fill today and clean rejection off the 21EMA. I like NFLX short tomorrow with EMAs curling down and on the verge of crossing over. Will be watching for any weakness around 327.69 area. Can easily head back down to 319.5
NFLX today is down 4% Plus breaking down from key areas. That could lead to much lower prices. Simple Risk/Reward Setup to take profits or short.