NFLX not much time now till this has a aggressive recovery. Sell off was exaggerated. Fundamentals stay strong.Community discussions
NFLX not much time now till this has a aggressive recovery. Sell off was exaggerated. Fundamentals stay strong.
NFLX Netflix continues to show strong growth with its solid Q3 performance, driven by its expanding advertising business and strategic investments in live programming. Despite a 12% drop in stock price post-earnings, the company's long-term prospects remain strong, with solid revenue growth and promising innovations, particularly in AI and content creation. With a diversified growth strategy, Netflix is poised to maintain its leadership in the streaming market, making it an attractive option for investors with a long-term outlook.
NFLX are money makers done with the accumulation phase ?The accumulation phase is completed when certain technical signals confirm that institutional buying is done and a new uptrend is starting.
In Wyckoff analysis, the end of accumulation is typically marked by a breakout above the established trading range or resistance level, often accompanied by a surge in volume.
Key Signs the Accumulation Phase Is Ending:
• Spring or Shakeout: Often, there’s a final fake breakdown below support (“spring”) that quickly recovers. This traps sellers and clears out weak hands, setting the stage for a rally.
• Breakout on Volume: A decisive move above the range’s resistance, especially if it’s on much higher volume than prior sessions, is a classic sign that accumulation is over and the markup phase has begun.
• Backing Up Action: After the breakout, the price may pull back to test the old resistance (now support). If this “backing up” holds, it gives further confidence that the uptrend is real and accumulation is finished.
• Rising Lows and Strength: Prior to and after the breakout, look for higher lows and increased buying pressure, confirming that large buyers are no longer suppressing price.
Practical Confirmation Steps
• Watch for price making a clean break above the trading range accompanied by surging volume.
• Confirm the breakout with technical indicators (trendlines or moving averages trending up).
• Look for a successful retest of the breakout level with low selling pressure.
These clues, when found together, increase the probability that smart money has finished accumulating and the next uptrend is underway.
What do you guys think ?
NFLX $1083 don’t stop me!!otherwise will long again at $850
NFLX don’t be surprised if this stock is dead for most of this week, but trust me after that it’s rallying back above the 200MA.
NFLX wow, perfect 0?
NFLX I’m not sure if I like longs I don’t want to get trapped going long either I’d like a long more so at 1060 should see some strong 4Hr candles start to form. Only reason I’m not long is the 4hr is giving up and retesting lows stillNFLX buyers are defending the 0% yaaaaay :pNFLX I would for the trading hours to end now so we don’t give room for the stock to reverse all the great 0.4 gains :p
NFLX I’m long but I’m afraid it might be going down to 960 before getting a meaningful bounce