NFLX has added 20% to price in the two months since the last earnings which were decent but not remarkable. The 2H chart shows a dip of about $20 per share coincident with a fall from the second upper VWAP line to support from the first upper VWAP line. The zero lag MACD shows line rising over the horizontal zero level in perhaps a sign of bullish...
NFLX falling from the riding wage. look like about to fall to $596 my target.
The crazy run up of NFLX has been an almost straight line - which always makes me suspicious. To my observation retracement-less runs are mostly corrective. A healthy impulsive move has significant retracements (ie. Wave 2 is normally 61.8% by the books). Also noteworthy that the May 9, 2022 low is extremely oversold and the stock bounced without RSI divergence....
Following our last analysis, Netflix has precisely achieved the forecasted targets, with the wave ((iii)) extending to 227 to 261%. This suggests that a correction towards wave ((iv)) might be imminent, expected to range between 38% and 61.8%, thus laying the groundwork for a wave 5 and the culmination of a significant cycle in the form of a potential wave...
I am expecting this setup to play along with this movement while i am literally watching netfx movies 😁😂😉. Happy trading.
NASDAQ:NFLX It bounced right off weekly support and monthly support target is 627 Support on 4h as well it's going to break above cpr 620 level if it doesnt stop loss is 610
AI tools are painting bearish formations on multiple time frames. Short here and get paid to watch Netflix for life.
Shares of Netflix Inc. NFLX, -1.01% slid 1.01% to $607.33 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX, +0.11% rising 0.11% to 5,254.35 and the Dow Jones Industrial Average DJIA, +0.12% rising 0.12% to 39,807.37. This was the stock's second consecutive day of losses. Netflix Inc. closed...
Looking to play this safe and take it over the break of the recent high. Quick breakdown for a free day trade idea!
Have you ever wondered what happens when a growth stock, well, doesn't grow anymore? Netflix is, at the moment, just a few bucks (I mean billions lol) below the 100 B dollar market cap. kinda big uh? it's like 100 unicorn start-ups together :D Anyway, let's get to the point. In the past, the company now considered OLD for us, the younger, simply exists, and they...
#Netflix looks good on chart to hit ATH and then some. Weak below 565.
The share is quite overbought, and more importantly, it is similarly above Keltner as a much earlier period, where a large decline took place after. Strategy SELL @ $ 600-630 and place SL above $675, and take profit @ $ 500 or lower.
This video breaks down how i took a trade on NASDAQ:NFLX short today and how to avoid the mistake of taking reversal trades when using the RSI and MACD indicators.
Netflix will likely have a pullback based on recent price action next week Mar 11-15, 2024. Below 590, my target price for the pullback is around 550-555 support.
hi Traders, The price has been in the uptrend since June 2022. The price has formed a bearish divergence, however we are expecting that the price will go a bit higher to retest ATH from 2021. This level should be acting as a strong resistance therefore it could be a good entry for a short position. The stop loss should be placed above the resistance. Our target...
... for a 3.45 credit. Comments: Earnings play with the announcement today after close. 3.45 credit on buying power of 6.55; 52.6% ROC at max; 26.3% at 50% max. I'm basically looking for two things here: (1) IV contraction post-earnings; and (2) price to stay within the expected move, which the options market is pricing in to be about +/- 43 handles from...
the stock as we now in a major big uptrend and now it's going through a sideway direction , we can buy by the breakout of this sideway area above( 565 - 570) TP 1 : 582 TP 2 : 602 TP 3 : 620 SL : 554 stay tuned for updates >>>>>>>>
Netflix (NFLX) has been trading within a long-term Channel Up on the logarithmic scale for the past 20 months. The trend is very aggressive to the upside and since the first Bullish Leg made a Higher High on February 03 2022 on a +130.30% rise, we do expect a similar % rally that would technically target a little below $800, so aiming at $750 would be a fair...