the nasdaq is going ahead and there's a good place to buy according to my roadmap.
Shares of Netflix (NASDAQ:NFLX) were up 4.8% as of 1:14 p.m EDT on Tuesday. The streaming media veteran saw a bullish earnings preview from analyst firm Cowen & Co., which included rosy results from Cowen's proprietary media viewership survey In a third-quarter survey of 2,500 U.S. consumers, Cowen asked which media platform has the best video content right now....
Price saw a decisive breakout on September 1st, breaking the major resistance level at 575. We even saw a re-test back down at this level last week. Now, it looks like the price is resuming off to the upside again.
Bullish trend of Netflix, started in April 2020, seems to continue after the breakout of the channel formed in the last months. RSI shows us that is not overbought or oversold and ADX is above 40 indicating a very strong trend. Entry price would be close to previous support formed after breakout. Moreover, support coincides with 50 % Fibonacci suggesting a...
Today, we will write down our expectations regarding the value of Netflix shares in the future, as well as a little bit tackle of the history of the company's development. If you love reading business literature to inspire yourself for future achievements, then we strongly recommend that you read the story of "getting on your feet" once a small company...
Hello ladies and gentlemen, according to my graphical analysis of NFLX , I recommend for the moment to keep NFLX Stock in your portfolio because there is a great probability of reaching 560$ in the next few weeks .
It will continue in a downtrend until reaching the support area At 361 & 341
NFLX been having the same pattern for a long while now. But let the market pick the direction before entering a trade. Bullish over 509, PT 520-525 Bearish under 491, PT 478.43-470 Still stuck in that channel wait for a break of the purple trendline for long, grey trendline for short. Also its tricky with vaccine and stim news. Who cares about NFLX now?!
As i explained : After the downturn it witnessed... it will now see a big upsurge from now!! We also know that this stock descended after it unloaded what weighed it .. and now it will ascend again!! take a chance !!
NFLX is at support, which has held a few times already. Although the recent news about Pfizer's vaccine had a negative impact, the company did benefit from subscriber growth during the pandemic and is in overall a good spot. I see this trade as worth taking, considering the R:R ratio but will nevertheless be cautious, as tech might continue to trend down heavily...
My analysis has NFLX in a wave 2 correction for a micro wave following a minuette wave 2 correction and subsequent bull flag breakout. I expect this micro wave 2 to retest the channel at the 0.5 to 0.618 retracement level. Once I see confirmation that the correction has ended, I will purchase an in the money Call Option with an expiration of 11/13. The 0.618...
Please share with me your thoughts, Kind regards.
Elliott Wave trend for NFLX. I see NFLX getting back to its previous 550 high in september by next week.
Born during the tech bubble in 01 It makes sense that active users of Netflix would increase during quarantine Hence I am labelling this a buy Long term channel intact
NFLX is setting up for a wave (v) increase into the 600-620 upside target. Wave v rally in progress as the current bullish triangle pattern has been completed yesterday. If this is the case bulls are setting up targeting the potential 760-770 wave v upside target. Check video update on trade management and profit maximization on NFLX existing bullish vertical spreads.
The market is generally always bullish. but he lost a bit of that strength. at the moment he is creating a trading range in the weekly chart. if he ever breaks the (465) with power. there is a probability that he can reach around (413.93) but if he ever breaks 522 with power there is a probability that he will reach around ( 590 )