Market Crash - NFLX Ascending WedgeNFLX has been stalling near ATH and has formed a nice looking ascending wedge after breaking below a previous uptrend. I expect NFLX to break below the wedge here and continue falling farther as tech stocks sell off. Shortby AdvancedPlays5
NFLX ContinuationNFLX is starting to flag and tighten above previous highs. Basic resistance turned support flip, plus our premium indicator is printing bullish continuation. by Algo_Edge2
NFLX - Flag on DailyNFLX flagging on the daily time frame. if the flag were to break on the upside then expecting targets T1 - 665 T2 - 675 and T3 - 690 with a top loss of 630 on the daily CMP = 653.26 as of close on 13th May 2024 ER as per trading view on 17th July 2024Longby adkis2
NFLXPair : NFLX - Netflix Description : Completed " 12345 " Impulsive Waves Break of Structure RSI - Divergence Bullish Channel as an Corrective Pattern in Short Time Frame Resistance Levelby ForexDetective2
NFLXPair : Netflix - NFLX Description : RSI - Divergence Demand Zone Rising Wedge as an Corrective Pattern in Short Time Frame with the Breakout of the Lower Trend Line and Retracement Break of Structure Completed " 12345 " Impulsive Wavesby ForexDetective4
NFLX Long - Debit Spread (Aug 24 +610c / -650c)Purchasing a debit spread once NFLX reaches demand, selling the spread once price hits 644 target or stop lossLongby TheTradingDen3
NFLX-SELL strategy Daily chartIt is clear we have some corrective action to clear; stochstic is negative, and GANN angles suggest we should see short-term $ 570 test and for long-term $ 510 area. Strategy SELL current $ 635-645 and place SL above $ 695. profit order @ 570 for now, or be more patient for $ 525. Shortby peterbokma2
$NFLX SniperSimple setup with some projected data points as price targets in time. If and only if at least 3 of them are hit, and maybe a wild card pivot point at any of the elements, preferably the pink rectangle, I would strongly suggest analyzing the potential for a bounce from the green rectangle zone in case another power wave forms that pushes the price higher. The idea is to hunt for the potential power wave, as these are the most fun to trade: momentum, volatility, few days in a trade but with bigger moves. This project was made on a whim, so I might add one or two more elements during the update comments, but the main idea is straight forwards, easy to understand and easy to approach, as long as we pay close attention to the Japanese Candlesticks for any setups. For this one, in this case, for the simulated/imagined scenario, I will have a lookout for candlestick shadows for any clues, as these stocks can jump up and down without prior warning because of the trading hours. Last but not least, whatever happens to the price action its relation/reaction to the elements in the project, the green rectangle is a projected potential support and resistance zone (in its specific time zone)/by nenUpdated 3325
#NETFLIX Could rip faces in a Reactionary RALLYAfter getting destroyed and dropping like a #Crypto The chart has showed relative strength and formed a Bullish CUP & HANDLE Some stocks will probably not survive these market conditions in the next couple years, which is healthy So look for signs of strength vs the broader market Longby BallaJiUpdated 114
660 doesn't sound too badI think it needs one more resistance test before breaking the planes for good. Never look back 635 would be an ideal area to see if support holds.by themoneyman800
Netflix is at a crossroads.Netflix looks like it's forming a cup-and-handle pattern. But there's a mixture of positive and negative elements here. pros: The cup base is not deep (-16%) Handle is not deep (-6%) a period of only nine weeks. a winner of the OTT market. cons: Stock trading volume is continuously falling. (Transaction volume had to rise significantly, at least just before making the handle.) The position of the handle higher than the cup. A steep decline in revenue/EPS growth estimates. Buy if the stock breaks out $664.25 with a strong volume. But if not, I recommend not buying even if the stock breaks out. It may be temporary.by KANUSE0
NFLX Weekly Trading Ranges 5/31Don't forget to follow Quantum Edge Analytics on X and IG. NFLX Weekly Outlook Upside Targets: * 650.31--664.25--665 Downside Targets: * 647--637.16--624.88 Daily Trend Tracker - *NFLX- *DXY- *VIX+ *US10Y+ by QuantumEdgeAnalytics0
NFLX: Rising Wedge (Short Term)Key Points: NASDAQ:NFLX 1. A raising wedge pattern is used to identify possible trend reversals. 2. It is considered a bearish pattern. 3. It signals that the buying momentum is slowing down. resistance - 666.56 support -637.88 N.B: I am skilled in day and swing trading. Otherwise, I am skilled in technical analysis such as trend, chart pattern, trade set up, entry and target set up, resistance, support, etc.by ustrader261
NETFLIX Bullish break-out eyeing $725.00Netflix (NFLX) has established trading above the 1D MA50 (blue trend-line), turning it into a Support following the rebound since May 01. With the long-term pattern since June 14 2022 being a Channel Up, similar bullish break-outs above the 1D MA50 (blue circles) have been the start of Bullish Legs. Even the 1D RSI has been very consistent at identifying bottoms. The last two Bullish Legs topped after the price hit the 1.786 Fibonacci extension level. As a result, we remain bullish on NFLX, targeting $725.0 (the 1.786 Fibonacci). Flashback to our previous idea: ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Longby TradingShot1113
NFLX - Will NFLX drop to $500 and fill gap?NFLX - Netflix is looking like it will drop to near $500 and fill the previous price GAP. If this happens price will be about 40% away from all-time highs. This could be a much greater move when using Call Options. What are your thoughts on Netflix at this point?Shortby PortfolioBuildersClubUpdated 1112
NFLXPair : NFLX - Netflix Description : Double Top Resistance Level Completed " 12345 " Impulsive Waves Impulse Corrective Break of Structure CHoCHby ForexDetective3
NFLX: Rising Wedge(Short Term)/ Date: 26.05.24Key Points: NASDAQ:NFLX 1. A raising wedge pattern is used to identify possible trend reversals. 2. It is considered a bearish pattern. 3. It signals that the buying momentum is slowing down. 4. Around 644 - may act as a resistance. 5. Around 605 - may act as a support Notice : looking for a job ------------------------ Is Your company hiring an assistant day & swing Trader/ assistant technical analyst/ assistant equity analyst? I am a day & swing trader, freelancer technical analyst & equity analyst. Now, I am looking for a job . Skills: Chart analysis, Trend identification, Price pattern recognition, important support and resistance levels identification, Set up trade idea ( long /short), Set up entry and target price. Valuation, making analysis report etc... Experience: 5 years. by ustrader261116
NFLX: Rising Wedge Pattern/ Date:26.05.24Key Points: NASDAQ:NFLX 1. A raising wedge pattern is used to identify possible trend reversals. 2. It is considered a bearish pattern. 3. It signals that the buying momentum is slowing down. 4. Around 644 - may act as a resistance. 5. Around 605 - may act as a support Notice : looking for a job ------------------------ Is Your company hiring an assistant day & swing Trader/ assistant technical analyst/ assistant equity analyst? I am a day & swing trader, freelancer technical analyst & equity analyst. Now, I am looking for a job . Skills: Chart analysis, Trend identification, Price pattern recognition, important support and resistance levels identification, Set up trade idea ( long /short), Set up entry and target price. Valuation, making analysis report etc... Experience: 5 years.by ustrader260
#NFLX Targets for the Meltup in equitiesI have called a couple real big pattern moves on #Netflix so on todays mega rally I take a quick look at the potential price projections that may or may not end up occurring I am not a guru or price forcaster i just draw lines on charts like always Your Risk Your Reward But i am someone who does highlight Risk i.e. downward prices when I feel/see that might be a possibility Yes I know this game is not easy. Longby BallaJiUpdated 7
$NFLX $640 on daily?Price has been consolidating between $615~$620 range. Last week price has been managed to close above $620. It showing bullish divergence on RSI and as well as William% range. $640 should be possible near term target as price will be moving though volume gap.Longby rahul4526Updated 2
NFLX break of structure longNASDAQ:NFLX Thesis- Netflix was trading in a 6 day range below a key resistance level. Friday it appeared to attempt to breakout. Today I was willing to take NFLX calls at 620.84 and adding to my position at 622.99. I was extremely confident that above 623 we would trade up to 630 and 633.54. Entry- I entered on the 5m higher low at 950ET. This was a high probability entry because it formed a retest of the 620.84 level and our open print level. Once 622.99 broke it was rocket time. 10:30ET 15m higher low provided opportunity to add to my position. Calls over 100% from entry. Trade played out exactly as I was hoping. My favorite setup to trade is a break of structure with a high R ratio. I want at least a 5R potential to even consider it. This allows me to keep my losses small in comparison. If there are no available 5R+ trades then I will not take a trade. The name of the game is small losses big wins. Longby traderjoe3126Updated 3
Vibranium Capital raised NFLX PT from 688 to 1000+🔥📺Boost and follow for more ❤️🔥 there is many reasons other than the chart, 40M monthly active users 📈 Up from 5M a year ago.. Netflix is getting into live Comedy shows, and live boxing?! curveball but a love it. Also the live action anime they have been putting out is really good! that will bring a ton of subscribers from other countries. don't be surprised if my 1000 target hits in the next 6-12 months! time will tell :)Longby Vibranium_Capital7
NFLXNetflix (NFLX) is trending downward, so caution is advised for long positions, especially considering tomorrow's at 10 am NY release of U.S. leading economic indicators.by AmyThongbai5