Netflix
NFLX 1W Is the price of $860 per share real in the near future?Today, we will write down our expectations regarding the value of Netflix shares in the future, as well as a little bit tackle of the history of the company's development.
If you love reading business literature to inspire yourself for future achievements, then we strongly recommend that you read the story of "getting on your feet" once a small company Netflix that has been renting and selling VSH cassettes and DVDs by mail since 1997.
One year after founding, the owners stopped selling VSH and DVDs to focus on the initial idea of renting discs and cassettes.
Their entire history is based on the "super flexibility" of executives who sensed the future trend of their market and acted ahead of the curve.
Here's an example of how a small then Netflix beat the giant of their segment — Blockbuster
The heyday of Blockbuster dates back to 2004, when the company employed about 60 thousand people, and the company owned 9 thousand points of rent and stores. In the late 2000s, Blockbuster faced strong competition from online video service Netflix and filed for bankruptcy in 2010.
Meanwhile, Netflix has expanded its business since 2007 by introducing online media streaming, while not closing the DVD and Blu-ray rentals.
Since 2010, the company has expanded from the United States and expanded internationally.
And since 2013, Netflix has entered the industry of its own content with the debut of its first series.
Now, there are plenty of competitors to Netflix, and we all know them and use their services, but the price of NFLX shares confirms their strength in the market.
If you narrow the chart, you will see that the NFLX share price has been moving in a dynamic channel upward since 2004.
In 2012, the share price bounced off the lower boundary of the channel and t he $8 mark and began an upward trend that continues to this day.
In February-March 2020, when the entire market fell by 30-35%, or even more, NFLX shares fell in value only by -26%
However, the CoviD crisis was good for the company. Everyone sitted home and bought subscriptions to their services, and Netflix's stock doubled.
In fact, for the last 12 months, the price of NFLX shares has been in consolidation in the corridor of $475-575
Trading volumes are decreasing, which means that in the near future, the price will have a strong impulse.
There is a high probability that the momentum will be up , the price will break up and consolidate above $575 , and the next target from above will be $860 per NFLX share.
An alternative scenario is a fall in the NFLX price to the $275-325 zone. This scenario will activate when the price breaks and consolidates below $475 , and the first bell that it is worth refraining from longs will be the price approaching $500.
Netflix a Possible buy ? 1D analysis Hello everyone , as we all know the market action discounts everything :)
We saw the market rally after bullish engulfing back in the 17 jun and reaching 544.65 , the market seems to be getting a small correction move after that rally .
Both the short term and long term trends are positive. This is a very positive sign.
the market price seems to be trending in a channel between the ranges of 469.67 and 586.60 , no signs of reversal for 1D chart was found yet and indicators are telling us :
1_The market price trending above the 10 MA and the 20 MA showing bullish movement
2_Stoch is in an overbought state with positive crossover happening when %K crossed over %D , %K is sitting at 83.46 and %D at 80.34. no divergences were found between the stochastic oscillator and the market price
3_MACD creating a positive signal crossing above the Market price
studying all that data we can tell that the Netflix stock seems to be moving up in the next few days and possible
We can see 2 important resistance areas:
1_first is at 540.47
2_second is at 565.18
Fundamental point of view :
An Altman-Z score of 6.58 indicates that NFLX is not in any danger for bankruptcy at the moment and the Piotroski-F score of NFLX is 7.00. This is a strong score and indicates good health and profitability for NFLX.
With the Current Ratio of 1.27 NFLX should not have any problems paying its short term obligations.
Netflix is doubling down on producer Shonda Rhimes. “I want her to think of Netflix as the biggest canvas possible to create on,” Netflix Co-Chief Executive and Chief Content Officer Ted Sarandos said in an interview.
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This is my personal opinion done with analysing of the market price and research online , not financial advice.
If you have any questions please ask
Thank you for reading.
Discovery +15% Long OpportunityDISCA appears to be doing bullish things to start the new week off as it continues to hold above a critical $30 price level.
It has consolidated nicely after breaking out of a supply line that has held it down for months now.
It is now beginning to make higher highs and higher lows on the smaller time frames and now has bullish confluence with the 21 MA and $30 support just below it. This will serve as very thick ice for the bears to break thru.
Look for an upside target of around $35 before traders begin to take profit. The 200 MA is also currently around this target area, which could serve as resistance as well.
Weekly Outlook! 7/6 - 7/9Check out what stocks we are watching for the coming week! As well as a recap of last week's video!
NYSE:ABBV
We are looking for a breakout of it's current pennant pattern over the $115.60 area. We could see a return back to all time highs here
NASDAQ:AMZN
We are looking for a breakout of recent highs of $3525 for a re-test of all time highs, and ultimately a breakout of all time highs over $3554.
NASDAQ:NFLX
We are watching for a break of trend resistance over the $539 level for a gap fill up to $546
NYSE:SHOP
We are watching this to break out of it's current bullflag pattern over $1500 for another move higher.
#NFLX: Long term trend resuming? Daily and weekly are bullishThe way I see things we are about to have a face melting beta rally, with growth outperforming value again for the rest of the year and into Q1-Q2 2022 at least.
$NFLX might be a good position to have, quite unloved for a long time, lagging the mega cap rally, and coming out of a nice base, weekly uptrend formed after the 9 week down trend signal expired last week.
I like the Spielberg partnership news, and the way things are going with the new delta variant and rising cases I suspect people will do a whole lot more of sitting and streaming at home for much longer.
One thing $NFLX was lacking was new content, now they are once again able to film new stuff, and might actually generate some growth again.
Best of luck,
Cheers.
Ivan Labrie.
As another request, will look at NFLX! 👍As my follower @KingArthur904 requested, here are my insights about NFLX!
Well, we have an amazing bull trend here! What’s more, there’s nothing telling me that NFLX will go down. We have not a single bearish pattern here. I see NFLX at 546.45, and I’ll explain why soon.
But is there something that could make it correct? Yes. If NFLX loses the 525.12 I see it at the gap at 518.56.
Another possible danger is in the 4h chart. We are outside the Bollinger Bands, and the RSI is clearly overbought. This indicates euphoria, and usually, what follows euphoria is pullbacks.
If the bulls are strong enough, we’ll stop at 518, but we should be prepared for a possible pullback to the 511. Especially if the Nasdaq and other faangs drop as well. I don’t see NFLX reversing and becoming bearish, though, but I expect a pullback – despite the lack of confirmation. This could give us a buy chance, in my view, but it must do something good near the support level first!
Let’s just focus on the points mentioned in the 30min, as they will be our main guide for now.
If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉.
See you soon,
Melissa.
Netflix long and chill 🎞️🎥📈After a successful sell I covered in an earlier idea our strategy says its time for a buy on Netflix.
Trade details are shown on the chart.
We're only looking for TP3.
Trade history can be seen below this trade idea too for full transparency.
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I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
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Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
$AAPL $NFLX $BABA $HD I OptionsSwing WatchlistHD 2H I HD is currently breaking out of this bullish formation with strength. Looking for a break above $313 with a $320 target next week.
AAPL 1D I Held the bullish uptrend established back in September. Unusual options activity was bullish and they bet on a retest of $128 this upcoming week.
NFLX 1H I Trading within a bull flag, we are looking for a break this week give unusual options activity betting on the $495-$500 calls for 06/18.
BABA 1D I Massive falling wedge pattern which could break to the upside before earnings on 08/19. The Chinese giant is more than 30% down from ATH levels. However, there is some sense of renewed hope in the company as US investor Charlie Munger recently disclosed a sizable stake in the company.
Anyone else in Netflix sells 😉 🙌Been in this netflix trade a few days now.
Do we think it'll continue down to the TP line?
No one knows that for sure!
Trade details are shown on the chart.
We're only looking for TP3.
It's been close already! But we stick to the back tested proven objective plan.
Trade history can be seen below this trade idea too for full transparency.
------------------------------------------
I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Discovery DISC.A - Mega Media Content King - HBO etc.The tech giants lack what Discovery has. CONTENT. Game of Thrones & Super Hero fans know what I'm talking about.
It's a new world. The #metaverse & #marijuanamovement. EPIC times.
#gnln
#thegem
Buy $NFLX - NRPicks 21 MarNetflix, Inc. provides entertainment services. It offers TV series, documentaries, and feature films 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. The company has approximately 204 million paid members in 190 countries. Netflix, Inc. was founded in 1997 and is headquartered in Los Gatos, California.
The company is trying out a new policy with some customers, prompting certain people to sign up for a separate account if they aren't watching with the subscriber
- P/S 9.08
- EPS 1.57
- P/B 20.50
- ROE 29.62%
Technical:
- Low levels of RSI
- Price below MA50, above MA200
- Support at $500.00
Should you buy Netflix stock? With its huge subscriber miss in the first quarter and weak guidance for subscriber growth, the weaknesses in its business model are undeniable. As a growing number of competitors take market share at a rapid rate, it’s clear that Netflix cannot generate anywhere close to the profits implied by the current stock price. Netflix reported just under 4 million new subscribers in the first quarter, well below its previous guidance of 6 million and consensus expectations of 6.3 million.
Netflix Stock of the Week Netflix look very well before she continue her way to break 570$ resistance .
We can see nice support from the ema's especially ema 200 , this is the first time after march 2020 that we see ema 200 support .
Ema 20 & 50 pushing higher and become bullish
We may can see a small pullback before Netflix breakout
Rsi and W%r looks good with positive levels .
Obv is very high and could help if Netflix will go up .
Entry point : 540$-520$
Targets :
T1-580$
T2 -600$
* There is no buy / sell recommendation in the aforesaid ,