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 .
G'day guys Let's analyse NFLX. NFLX pair quite straight forward analysis. The pair was entered Demand Zone area. What we expecting here, we looking for this pair move upside area for confirmation of Market Cycles completed. Let's see what happen Next...
It will continue in a downtrend until reaching the support area At 361 & 341
Breakout maybe? Close to potential support + EMA indicators good = breakout NASDAQ:NFLX
NFLX Bullish triangle pattern complete targeting wave (5) upside that may reach 4056. The immediate rally should reach initial target of 3540 and then 4056. Look to establish bullish positions like a vertical on AMZN. Wave count invalidation at 2816.
My buy zone and target for Netflix (Not financial advice)
i'm saying this again. It is still good for the buy. Because it is going to in uptrend channel again. And earnings will support this stock for break the supply zone.
earnings will be beaten because of the covid restrictions. And very close to the strong supports, like 200 day ma and supply zone.
Now nflx is the bottom of the channel, it might go for 600 next weeks. If it broke the channel (which i'm not expect that) can go down.
Trade Safe. Remember to set SL's, leaning on bullish above 515's. Long Holding Above 517.80's 🔸 Conservative 523-524 🔸 PT 526-527 🔸 Ideal PT 530-532 Short Breaking Below 515.35 🔸 Conservative PT 513.30-512.11 🔸 PT 510-511 🔸 PT 507.54-507 🔸 Ideal PT 504.75-500.12