Long Term Trend Channels Influence on Price Action in NFLXHere's a long term Trend Channel Chart for Netflix that identifies resistance and support levels for all three scenarios: 1) Continuation of the Bear Swing; 2) a return of the Bull Swing or; 3) a long grinding sideways range by hangonstaycalm2
This movie isn't over yet - Netflix Netflix Short Term We look to Buy at 170.63 (stop at 160.01) There is scope for mild selling at the open but losses should be limited. A bullish reverse Head and Shoulders is forming. This is positive for sentiment and the uptrend has potential to return. Further upside is expected. Our profit targets will be 207.19 and 221.00 Resistance: 192.00 / 207.38 / 332.00 Support: 170.00 / 125.00 / 81.00 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses. Longby Saxo6
Netflix is ready to go 300+Weekly macd is building up forming a strong uptrend. Keep buying at anything under 200 and sell point is 300+ in the coming months! 50%+ gainLongby MechanicalEngineerTrader1
NFLX 7/17/22 2hr chartNFLX is currently in a previous gap fill, which it has recently used as a major resistance/support level. A break over 192.66 will make me bullish, and a break over 185.34 will make me bearish. I predict the bull can run to 204.40, and the bear can run to 169.81Longby yngkingdrew0
AnalysisAs you can see on this graph, after the breakout of the vwap we had a succession of green candles and more and more we are getting closer to the vwap with the appearance of a large green volume. In such a circumstance, we would have a high probability of a downtrend after the vwap indicator breakout by a large red candle accompanied by a large red volume.Thanks. by PAZINI19331
NETFLIX Good time to make good profit come and make healthy and sure profit enjoy join and learn Shortby gapup69332
Netflix trend heading into Q2 earningspretty clear trend here for Netflix broken up by 86-87 day periods... take into account subscriber loss, competition, inflation, current market conditions/look ahead, etc.... where will we go? idk ask Joe. NASDAQ:NFLXShortby Feech37222
$NFLX - Up against the upper trend lineNetflix looks to be basing inside the falling wedge. Currently, it's pushing up against the upper trend line. If you zoom out the chart, you will find that the stock has checked back to multi-year uptrend line that was started since 2013. Even with basing side way move the stock is tracking along upper trend line for the past several days. This basing side way action can resolve to reversal or continuation to the next leg down. If the price breaks down, the stock could head to $129 area. On the other hand, if the reversal to occur, it could head to $227 area. Currently, the stock is worth less than it was at the height of pandemic where it seemed like the world is coming to an end. Playing a bearish trade at this area would be dangerous given the magnitude of stock pull back. Possible Bullish Trade. Target 1- $212 Target 2 - $227 Target 3 - $260 Stop loss - $165 Raise the stop loss as the price move up. The trade ends when the price target is met or stop loss is realized. ----------------------------- Disclaimer - Not an investment advice. Longby PaperBozz1
NFLX: Buying TodayInteresting to see people posting negative analysis on this stock and wanting to mislead people into shorting this stock further. Today presents a big buying opportunity before earnings and there's several gaps to fill. Inflation is just another tool in the for market makers wheel house to scare average investors, but do not be mislead by the current narrative. We are oversold on most equities on larger timeframes and NFLX is showing a BIG buying opportunity. Not financial advice Longby FiboTrader1334
NFLX AnalysisPrice is on a downtrend. I'm expecting price to drop at least to the bullish POI at 156.98 before we see some reaction. Fundamental wise, I don't expect the price for Netflix to gain bullish momentum yet. I've written about why I'm bearish on Netflix before, you can check out my profile.Shortby Keeleytwj0
Another week LONG in NetflixHello All, My sistem based in the volume is clear, we continue another week long for Netflix. The green line (long volume) is still greater than red line, which represent the short volume. The volume is the boss but I add some resistences to see check key zones. Have a good day/week everyone TradingconFibosLongby tradingconfibosUpdated 2
NFLXPrice can reach 130 and below . First bullish move . Market will go for more buyers before it goes down. Price is to high for buyers. Shortby Millonario_FX112
NFLX - ShortNetflix, Inc. is an American subscription streaming service and production company. Launched on August 29, 1997, it offers a film and television series library through distribution deals as well as its own productions, known as Netflix Originals. NFLX has many competitors at the moment. With the fact that the company is bringing advertisements to the company's streaming services, more subscribers will leave. Passwords sharing too. We may see another huge drop here NFLX.Shortby TradingtheOpportunities0
NFLX: Possibly The Most Undervalued Stock in the MarketIn this post, I'll be breaking down Netflix (NFLX) from both a technical and fundamental perspective, exploring a narrative as to why this may be the most undervalued company in the market at the moment. Netflix has taken a massive hit, trading below $190, when its 52 week high is $700. I covered this stock when it was trading around $600 ranges, and said it wasn’t an appealing buy at those levels. Now that it’s trading at $180 regions, I think this is an amazing buy, and in fact, this could turn out to be a once-in-a-lifetime opportunity in the mid-long term. This post is not financial advice. This is for educational and entertainment purposes only. Fundamental Analysis - This massive drop was caused by Netflix’s first loss in number of net users in a decade. - Netflix announced that it had lost about 200,000 users. - People interpreted this to be a sign of weakness in the company’s fundamentals, and this led to a sharp 30% drop in the stock’s price. - What people didn’t realize at the time, was that Netflix had lost 700,000 users in Russia alone, as it halted business operations in that region due to Russia’s invasion of Ukraine. - So taking that into consideration, Netflix actually gained 500,000 new users. But that’s not all. - Netflix announced that it expects the number of users to drop in 2Q22 as well, which drove stock prices further down. - Why exactly is this the case? Netflix increased their subscription fees over 10% in 1Q22 alone. - With the effect of that price increase, it’s anticipated that they’ll lose 1% of their entire users. - Frankly, a 10% increase in price, for a 1% loss in quantity (since revenue is simply p*q) is not a bad outcome at all. - In fact, it’s a successful move on Netflix’s side. Yet, market sentiment says otherwise, dropping over 72% from all-time highs. - Nonetheless, this isn’t the first time that Netflix raised their subscription fees. So why has this price increase in particular led to user loss? - Netflix has three pricing plans – basic, standard, and premium. - Netflix has always been aggressive with their increase in prices for premium and standard plans, but not with the basic plan. - When the price of premium plans increase, users are incentivized to simply change their plan to a standard plan, if they are not willing to pay for the changed price plan, which is why there wasn’t a loss in number of users; people could simply downgrade their plans. - But when Netflix raises their basic plan subscription fees, there’s no other option than to leave the platform. - So in 2019, when Netflix raised their basic plan subscription fees, it led to a loss in number of users. - And this is the first time since 2019 that Netflix raised prices of basic plans. - Since Netflix has penetrated the market much more than it did in 2019, of course their price strategy led to a bigger impact on the number of users. - Netflix is working on developing a new plan below the basic plan, known as the advertisement plan. - This way, it’ll allow them to prevent users from escaping the platform entirely, provide more leeway in increasing their basic plan prices, and offset costs through advertisement revenue generated in the advertisement plan. - If you’re in in for the long run, like me, you need to be in accordance with the overall concept and trend that less and less people will watch television networks, and more and more people will watch content on streaming platforms. - Netflix is the biggest platform in the entire world, where people pay the most money to watch their streaming content. - Their plans are the most expensive, and they have the highest number of users out of all platforms. - With the revenue generated, Netflix is aggressively reinvesting capital back into creating high-quality original content. - Considering the Hollywood success function that the more capital invested, the higher the probability that the content is going to turn out to be sensational, there’s a high probability that Netflix’s original content will be more entertaining than that of other platforms. - It’s also the only platform that can add dubs and subs to their content immediately and distribute their content on a global scale at once. - And this isn’t based on my imagination. It’s based on Netflix’s track record and their success cases with global content. - Given that all else is equal, this means that Netflix has a competitive edge in content quality compared to its counterparts. - However, all else is not equal. Netflix is dominant in most aspects of the OTT market compared to its counterparts. - Out of the top 10 google search results for TV shows, 6 were Netflix content, and 2 out of 10 for movies. - Moreover, Netflix owns most of the intellectual property (IP) related to the content produced. - The scalability that IPs produce can give Netflix a massive competitive edge, but Netflix chooses not to use this weapon in their arsenal yet. Technical Analysis - What we have here is the monthly logarithmic chart for Netflix - While the price has dropped steeply in a short period of time, it's also worth noting that the moving averages are aligned in order still, with the 200 simple moving average to be potentially tested as support - We can see a pattern in which the stock's price consolidates in a region before breaking out, and the resistance of the consolidation region, which later becomes support, is retested before a continued rally upwards, as shown from the price action between 2003 and 2013. - We are seeing something similar here, as previous resistance levels, now support, are being tested as depicted by the red zone. - What's most worth noting is that the relative strength index (RSI) has never been at this level historically; from a technical perspective, Netflix has never been this oversold. Conclusion To me, Netflix is like Bill Gates wearing a Casio watch. He can definitely afford to wear a Patek Philippe, but chooses to wear a Casio, considering the TPO. The difference is: people understand that Gates is wealthy, regardless of what watch he wears, but fails to understand that Netflix, just like Gates, chooses not to do many things that could help them generate massive cash flow. Netflix does not have direct advertisements on their platform yet, and hasn’t expanded to the gaming industry with their IP. Remember how everyone was playing Squid Games on Roblox a few months ago? Netflix owns the IP to that series, and could have easily monetized it. They simply chose not to expand in that direction yet. This is a company that not only is dominant in its market, but demonstrates massive potential in both vertical and horizontal business expansion. I truly believe this company is undervalued for what it’s worth, and could even say that this is possibly the most undervalued stock in the market. If you like this educational post, please make sure to like, and follow for more quality content! If you have any questions or comments, feel free to comment below! :)Longby Michael_Wang_Official242448
NETFLIX is starting a new burish move NETFLIX since 2003 up to Novermber ha s made 5 complete motive waves. From 21 November up to 9may it looks like 3 wave structures WXY and now i assume that it has started a new sequence because the price is near the end of wave 1 so we expect it to move to the upside. Minimum target is $687.46 by Mrhowmoneydawloading0
Watching for a likely move lowerFor now I see a greater technical indication that NFLX turned down from 185.70 and may break the wedge support line to move lower. I am looking at 170, then lower, for downside targets. On stochastic, the 3-candle rejection at horizontal line (June 5-6) also created a %K sell warning (sharp move from +80 to -20). On the daily chart, price has been sideways and now price and 20sma have caught up to the 50ma. Price will soon make a move one way or another.Shortby OptionsRisingUpdated 225
Earnings Season - NFLXNFLX getting rejected by the 50DMA reminded me, it's earnings season. The market was weak in both Jan and April, and NFLX started dropping in April. Same thing can happen here. Might consider buying puts soon for earnings. Earnings and guidance are gonna suck across the board, will be looking for stuff to short next week.by hungry_hippo338
$nflx has to hold the area. Netflix is in a area that's tempting to start accumulating for obvious (TA) reasons. Also see the RSI is crying oversold. Definitely looks like at least a relief rally is underwayLongby kingcoinman0
Beautiful MACD cross over, it's waiting to explode up!RSI lowest in a VERY long time! MACD just crossed to green after 6 months of red! SELL TARGET 300+. HOLD THE LINE BULLS!Longby MechanicalEngineerTrader110
Short Term Setup For NETFLIX – Inverted Head & ShouldersHi Traders, Looking at Netflix in the 1-hour time frame. I see an inverted head & shoulders setup. There is divergence on the MACD Histogram as well as the MA lines and currently, the price is making its way above the neck zone. We have some nice bullish volume to accompany this break and close above the neck zone. If we see a calm retrace down to the neck zone, I will consider taking a long position with my targets being previous structure that has not yet been tested. Have a good Trading Monday, The Vortex Trader Longby TheVortexTrader0
NETFLIX NFLX NASDAQ : NETFLIX IS LOOKING AWESOME, TARGET $2000LIKE, FOLLOW, AND COMMENT BELOW IF YOU APPRECIATE THIS CONTENT NETFLIX chart is looking real bullish to me. The MACD is curling up from an all time low, the RSI and STOCH are on the way up and the Mayer Multiples are flashing a bottom/buy signal. Netflix is about to go on a hella run to $2k is my target around 2024-2025. This is not financial or trading advice this is just my opinion. Thank you and good luck out there.Longby Bitgolder7711
Netflix. Will The Bulls Defend The 0.382? Best Load Up Zones.Current Market 79 Billion Up an impressive 200,000% over the last 20 years, Netflix reached an all time high of $700.99 back in November 2021. It has since corrected a whopping 77% and hovers around the $165-$180 range. The biggest correction Netflix had to endure was back in 2011-2012, it reached an all time high of around $43 before a staggering 82.5% drop. If we pull a fib from its 2002 low, to its ETH in 2011, we can see that price found support at the 0.382 level. (Fib pulled from body close to body close) I've then pulled a fib from the 0.382 to its November 2021 ETH. A similar 82.5% correction would place it once again in the 0.382 range. We also have a lifelong trendline approaching that could also be tested as support. If the 0.382 doesn't hold, long term bulls should look for buys at the next fib levels. RSI is at record lows , Stochastic oversold. We could have a little rally before testing the 0.382/trendline as we did back in 2012. We could even just rally from here, only time will tell! If your bullish long term, DCAing is best. Here's an extract from from the Q1 shareholders growth outlook report sent out in April. In the near term though, we’re not growing revenue as fast as we’d like. COVID clouded the picture by significantly increasing our growth in 2020, leading us to believe that most of our slowing growth in 2021 was due to the COVID pull forward. Now, we believe there are four main inter-related factors at work. First, it’s increasingly clear that the pace of growth into our underlying addressable market (broadband homes) is partly dependent on factors we don’t directly control, like the uptake of connected TVs (since the majority of our viewing is on TVs), the adoption of on-demand entertainment, and data costs. We believe these factors will keep improving over time, so that all broadband households will be potential Netflix customers. Second, in addition to our 222m paying households, we estimate that Netflix is being shared with over 100m additional households, including over 30m in the UCAN region. Account sharing as a percentage of our paying membership hasn’t changed much over the years, but, coupled with the first factor, means it’s harder to grow membership in many markets - an issue that was obscured by our COVID growth. Third, competition for viewing with linear TV as well as YouTube, Amazon, and Hulu has been robust for the last 15 years. However, over the last three years, as traditional entertainment companies realized streaming is the future, many new streaming services have also launched. While our US television viewing share, for example, has been steady to up according to Nielsen, we want to grow that share faster. Higher view share is an indicator of higher satisfaction, which supports higher retention and revenue. Fourth, macro factors, including sluggish economic growth, increasing inflation , geopolitical events such as Russia’s invasion of Ukraine, and some continued disruption from COVID are likely having an impact as well. Hope this helps, yours truly- Thomas Shelby, Shelby Company Limited. Speculative Setup, DYOR. Allow 3-24 months for this idea. Editors' picksLongby bL1TZZ4646838