NETFLIX INC

NFLX

Hold. Break 191$ road to 164$

Since August the Chinese big 3 $BIDU $BABA $TCEHY have outperformed the US big 4 $FB $AMZN $NFLX $GOOGL

#Softbank has big money in #FANG and #BAT

NFLX

Looking to get long on the pull back to 188 area.

Call no. 5

Two possible scenarios today on NASDAQ:NFLX where I'm slightly bearish looking for 194.91 1st target, 191.50 second half and if we see a very bad data, I'll go for 185.10 in the long term for my last 10% running out. Of course taking my position before earning report. Have a good Trading week. CreamLiveTrading

Short

Netflix has been on a strong growth trajectory over the past 5 years, posting solid subscriber growth. I expect that to continue into the foreseeable future, but believe seasonality will kick in. Wall Street expects the company to report 4.4M new subscribers for the quarter. 3.65M subscribers in the international markets and 0.75M in the domestic market. I ...

support around 50 day MA

NFLX is retracing and testing some important support levels in the coming few days.

Netflix bulling

Netflix broke out of the ascending triangle and bounce against resistance twice to rise to ATH. I expect it to create new support in the 175-177 range. I am watching when it approaches to see if it falls through support or bounces off of support. Buy zone for me is 180 if it bounces off of the support.

I think $NFLX might revisit cup and handle neckline after big volume days have triggered a HS top. Big test is the unfilled gap from 10/12.

NFLX

NFLX

NFLX