Netflix
Waiting to see what happens on March 1st***Earnings report may or may not be the catalyst I'm looking for***
BEIJING, Feb. 15, 2022 /PRNewswire/ -- iQIYI, Inc. (NASDAQ: IQ) ("iQIYI" or the "Company"), an innovative market-leading online entertainment service in China, today announced that it will report its financial results for the fourth quarter and fiscal year ended December 31, 2021 before the U.S. market opens on March 1, 2022.
iQIYI's management will hold an earnings conference call at 6:30 AM on March 1, 2022, U.S. Eastern Time (7:30 PM on March 1, 2022, Beijing Time).
Please register in advance of the conference using the link provided below. Upon registering, you will be provided with participant dial-in numbers, Direct Event passcode and unique registrant ID by email.
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NFLX Potential For Bullish Continuation| 23rd March 2022Price is near Buy Entry level of 394.41 in line with 50% Fibonacci retracement and 61.8% Fibonacci projection. Price might continue to go up to the Take Profit level of 457.32 with a previous graphical swing high. Our bullish bias is supported by the stochastic indicator where price is trading at resistance level. Alternatively, price might drop to 365.80 in line with 50% Fibonacci retracement.
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Netflix reversing the trendIt has been really hot last week for tech stocks. NVDA has gone up by 45 dollars in 4 days time with some really higher highs. Paypal, AMD all did the same thing. Netflix also showing strong upward trend after hitting 330 level on Monday, the 14th march. It since increased by 12% and going to test a recent resistance of 390 by early next week hopefully. The daily volume is not the greatest and with this volume price seems to be going up. My feeling is its going to test 415 level by next week and half. Thoughts?
Netflix - Catching KnivesI'm not one to try and catch a falling knife but Netflix is down over 50% from it's all time high and the last time its weekly RSI was this oversold was back in 2011.
NFLX doesn't pay a dividend at the moment. Stock price is back to levels it was in March 2018, before the surge in customers added during the pandemic and before it's most recent price hike in subscriptions. May be a nice one to dollar cost average your way into.
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Netflix in More Trouble? Netflix - Short Term - We look to Sell at 358.64 (stop at 378.80)
Preferred trade is to sell into rallies. Previous support, now becomes resistance at 360.00. The primary trend remains bearish. The bias is still for lower levels and we look for any gains to be limited.
Our profit targets will be 291.27 and 281.07
Resistance: 360.00 / 400.00 / 450.00
Support: 300.00 / 290.00 / 250.00
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Netflix (NASDAQ: $NFLX) Back In The Buy Zone! 🤑Netflix, Inc. provides entertainment services. It offers TV series, documentaries, feature films, and mobile games across various genres and languages. The company provides members the ability to receive streaming content through a host of internet-connected devices, including TVs, digital video players, television set-top boxes, and mobile devices. It also provides DVDs-by-mail membership services in the United States. The company has approximately 222 million paid members in 190 countries. Netflix, Inc. was incorporated in 1997 and is headquartered in Los Gatos, California.
Netflix Analysis 11.02.2022Hello Traders,
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Is Ackman Right to Buy Netflix (NFLX)?Today we were discussing the purchases of Netflix NASDAQ:NFLX by Bill Ackman:
Ackman sent a letter to investors in his hedge fund saying he had bought more than 3.1 million shares of Netflix, the video streaming pioneer whose stock had seen such vast reversals in recent days that it had been trading at June 2018 levels.
At Netflix’s current price of about $390 per share, the purchase gives Ackman a stake worth more than $1 billion — and makes him one of Netflix’s top 20 shareholders.
That is a pretty bold buy from one of my favorite contrarian investors but do I like the trade? I'm going to use my own Technical Analysis to see before making a decision...