Earnings on Thursday and the first big tech name to report (as always). Over 527 can give you a trade, but I think they want to take this thing down to the 500 mark in to earnings. I will spec buy at 3:58pm on Thursday (eastern time) the $510c if she is red and trading around $500.
There is a bulliish divergence forming on the daily chart of NFLX. A higher low on the price chart and a loer low on the RSI. The resistance is at 626-633. When the price goes above 633 dollars, it is more likely to go up then down. And we might have a trend flip when we go above the 50 EMA.
Hi , here is my quick move for Ntflix today . The price break the trendline and formiing HH and LH . Pullback on EMA 100 for entry , TP will be the resistance supply zone
NFLX has declined nicely and I feel it starts being interesting on BUY side. There is GANN support $ 579 which makes the current level near enough to attempt buying with a stop loss. BUY at $ 582-586 with stop-loss $ 572. Profit objective let's say $ 612.
Trade Breakdown: 1. Enter long position @ $587 , with stops below $584. 2. PT @ $625. Might take 3-4 days to reach the price target once it finds support around $587. Good luck!
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.
the nasdaq is going ahead and there's a good place to buy according to my roadmap.
Technical Analysis Summary (POLKADOT) NTFX/USDT TREND ANALYSIS We have 3 upwardtrend which is currently active in green. The wider the trend the longer it is respected. FUTURE PREDICTIONS We have to keep respecting and holding new weekly levels and maintaning the trend to keep moving upward. ALL THE GREEN SUPPORT LEVELS SHOW HOW NETFLEX KEPT LADDERING AND...
Netflix seems to be following my previous prediction after bear trapping a lot of people out of their positions. With a break above the supply zone and double confirmation from RSI and MACD, we can expect to continue seeing growth from Netflix tomorrow and next week. Happy Trading Everyone! Stefan
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.
Hello everyone, as we all know the market action discounts everything :) _________________________________Make sure to Like and Follow if you like the idea_________________________________ The market seems to be falling into a small sideways move for the last 10 days that's located between the ranges of 610.13 and 572.07. NFLX has been doing great for itself,...
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...
patterns are obvious on the chart. long-term target : 1545 .
The range resistance level could be broken upwards with the minimum target level around 720.
NFLX, similarly to AMZN, likes to consolidate for long periods of time prior to large explosive moves. If you're still risk on, keep Netflix on your radar. It's nearing a breakout on the weekly timeframe from a consolidation period just over a year in duration. Similar weekly breakouts of clean patterns would be ADBE and HD with their 1W Bull Flags leading to...
Hello everyone! After a long period flat trend we see a good moment for price to make a decision where to go. If the price breakout the neckline and resistance we can see a bullish movement! If the price do not breakout with big Buy Volumes and go in the flat trend again, we can look for a sell... update on next week if is going on sell. Now let's stick to buy...