Could go to 79-80$ range next week ! Cheers, Keops
NASDAQ: NFLX took a massive hit today dropping currently around 14.00. As for the future of NFLX, there are two possible scenarios that could unfold. The first scenario involves the idea of NFLX falling to 80.23 by July 22nd, with a rebound back to 85.00. On the other hand, the second scenario involves the idea that NFLX will rebound by tomorrow and spike to...
EVEN THOUGH I AM LONG Currently, BUT MY MONTHLY CHART IS SLUGGISH, WEEKLY IS STRONG still but some weakness there. So for some one who lost $100k in 08/09 and has been watching market for about 2 decades; "time to warn". I do my own analysis and manage my own money. Those are the lines and suggestion for key resistance level to see if new bear market comes after...
The price rejected 3 times the support area, becoming a strong trendline. MACD bullish. Gap to fill. Good risk/reward ratio. I've analyzed the bearish scenario too, just in case of breakout in the support line.
LONG THE MOST SHORTED TSLA & NETFLIX to make em puke money. Risk ON
Rejected at 110.5 rally Leaf pattern on the daily (3 consecutive lower lows and lower highs) S&P looking toppy back into 2000 level
retest and short. tp at the bottom trendline.
Between Summer and Fall of 2015, NFLX has created a double top pattern. There were two possible necklines, one near $93 (lows of September 2015) and another at $85.50 (low from the China induced August 24 2015 spike). The stock traded around the $93 level this week and it looked like the stock might just avoid breaking through the $85.50 low. However, the tech...
It's perfectly normal for Netflix to "correct" by over 50% from any peak. I'm expecting a lot of selling going forward. No fund manager wants a high beta stock like Netflix in his/her portfolio in this high risk environment. I've been short since 115 for this reason. I publish now because it's "chartible" since there's confirmation. Fundamentally, don't care too...
SYNOPSIS: Probable interim limited decline (i.e.: higher-low) at or along 2-4 Line (Point-4 remains unconfirmed). Longer term sees completion of geometry at Point-5. Consider Wolfe Wave if price reverses from Point-5 to 1-4 Line - If adverse excursion occurs along the 3-5-prime (5') Line, apply Geo's Off-Set Rule #3. Chart updates and technical notes...
we can Put it the eyes in this company because as we all know his aperecion in world will be a total Up in the services provided
There is a triangle formation ready to break out at H1 which allows us to enter with a very tight stop. LONG at 107.5 with SL at 104.81 TP levels are at 122, 127 and 150. RRR 1:24
Short squeeze boom is done, entire market is in red except for the 4 king ' FANG ' stock. 'Facebook', 'Amazon', 'Netflix', 'Google'. Low risk entry into shorting the S&P here, down into the lows of August/October. Regardless of what Yellen says on December, it does not matter. The FED do not have control of the market, people are just focusing on the past. No one...
Netflix has been trading in a contracting range. Seems to be forming a wedge. We are currently at support and seem to be forming a double bottom which could signal a wedge breakout. Our first TP should be at the top of the wedge. If we do breakout our target would be around 103. GL
ahhh..... how could anyone see a bubble when they're in a bubble themselves? A p/e ratio of over 160.
This is a WEEKLY chart of NFLX. Did you realize that Netflix was in a range? You may not have if you didn't step back and look at a Weekly (or longer) chart. It is amazing to me how things seem so much clearer when you step back and look at the big picture. NFLX has been in this range since late 2013. Since then, when the stock comes down to the $320 area, it...