After huge earnings the stock has shot up
Now that we have gapped a signifcat amount, natyrally we have to fill the gap.
We have a bearish Pendant forming
Watched to fill gap to 508-510
In the current situation, according to the failure of the support area, the probability of falling is more likely with the analysis of the above times
The share is starting to decline as expected, and it feels we may test $ 507 area in the coming week.
Stochastic is negative 4-hourly chart as a note.
Strategy SELL @ 560-580 and take profit @ $ 507-510 area. SL above $ 600 for now.
AI-bubble ready to pop by 2025/2026 imho...
May be a next generational buy opportunity with NFLX going to 1000 dollars by 2030?
Or just an epic economic recession, affecting (overvalued) growth stocks? 🐷
Daily Chart of NFLX
620 is the confluence of two major channels. This is also a major resistance area for NFLX.
NFLX blockbuster seems to be coming to an end.
Disney's recent move to license more TV shows to Netflix marks a significant shift in the streaming industry, bolstering Netflix's extensive content library. Historically, Netflix has heavily invested in content, spending over $17 billion annually at one point, to maintain its industry dominance.
However, Netflix has faced challenges like subscription fatigue and...
As mentioned few days ago, the share price could move little higher, and so we managed to reach slightly above $ 563. We may have been shorting already, and one should add if not done so. always play safe in terms of leveraging of course.
Strategy SELL @ $ 550-565 and place SL above $ 595. Profit order slightly adjusted to $ 495 mid-Keltner.
We had a great bull flag setup going into the earnings.
Now the target got hit, will be watching for a retracement into early Feb and another push higher into Feb OPEX
Nothing bearish here to even try taking a short trade. There is still one more gap to close above the price, should be hit first before reversal starts.
Also the price might just...
Hey All,
I wanted to get your feedback on this analysis.
I am solely basing my opinion based on the RSI indicator, MACD and candlesticks on the daily chart.
Although earnings help NASDAQ:NFLX to go up slightly. It had to restest a strong resistance at 562.46. Once it reached the resistance the bears took control which resulted in a pretty strong bearish...
Netflix (NASDAQ: NASDAQ:NFLX ) has once again defied expectations with its stellar fourth-quarter performance, surpassing Wall Street estimates and achieving its largest-ever subscriber growth for the final quarter. The streaming giant added a remarkable 13.1 million subscribers, soaring past the projected 8.97 million, and bringing its total subscriber count to a...
The surprise revenue increase made the price shoot up rapidly. I really love those events, as it gives a good chance to trade opposite direction, providing the move higher is worthwhile.
Strategy SELL @ $ 540-560 (it can always move slight higher of course) and place SL above $ 587 for now. Profit order @ $ 475.
please drop a boost and follow for more! thanks 💘 Netflix is trying to open above a big pivot level/ my long trigger.. close above 540.34 today and It may just be the start of much more bullish price action.
April 25th 2022 was 1 year, 8 months and 30 days ago, which is 639 days. Thats when Netflix ended its bearish price action and entered a new bull trend....
NFLX Price Sharply Rose on News of an Increase in the Number of Subscribers
The closing price of NFLX shares yesterday was 490.50, but during after-hours trading, NFLX experienced a sharp increase due to the release of the report. Today, in pre-market trading, NFLX is priced at over 530 dollars per share.
The main surprise contained in the report was the...
NASDAQ:NFLX surged in after-hours trading on Tuesday following the company's impressive fourth-quarter results. The streaming giant added 13.1 million subscribers during the quarter, surpassing Wall Street's expectations. This growth can be attributed to Netflix's expansion of its ad-supported service and its efforts to tackle password sharing. As a result,...
