$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.
Netflix
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.
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The stats for this pair are shown below too.
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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 ,
Netflix On Your Watchlist ?NETFLIX stocks price is inside a channel ranging with a small volatility, and here are our two possible scenarios:
1- Staying inside the channel: Price goes down, touches the lower trendline and our RRR will be perfect as the stop loss won't be too far. Plus, we will be around an important support zone, decreasing risk on our trade.
2- Going outside the channel from the upper side: After validating the upper trendline, price can be bullish until hitting the resistance zone where short opportunities stand.
Attention: Beware of a fake break out. Watch out the NYSE session, follow the global news and Trade Safe
Best of Luck Watchers
NETFLIX - It is time to Chill!Hello Trading Family, I found NFLX chart interesting.
We can see that NFLX is overall bullish trading inside these two brown trendlines forming a flat rising channel.
From a short-term perspective, NFLX is bearish, trading inside the orange channel but since it is approaching a strong round number 500 (in blue) and the lower brown trendline (non-horizontal support), we will be looking for buy setups to catch the next impulse.
Before we buy, we want the buyers to prove that they are taking over again.
You don't want to buy a bearish market right?
My Trading Plan:
Our upper orange trendline is not valid yet, so we will be waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)
Trigger => Waiting for that swing high to form and then buy after a momentum candle close above it (gray zone)
Meanwhile, until the buy is activated, NFLX would be overall bearish and can still test the lower brown trendline or even break it downward.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Netflix looks attractive at this entry pointI'm cautious about the FAANGM stocks based on such high valuations which makes them more susceptible to a meaningful correction in the event that the sentiment shifts towards more cyclical stocks.
However, Netflix looks really attractive for a long-term buy and hold. Year on year the company has grown its revenue since 2006 (as far as the data goes on Tradingview). The forward PE has steadily declined since 2015.
Netflix has a strong business model and is the leader in its industry. I would consider it a buy and hold in my long-term portfolio.
The signals suggest that the current entry point looks attractive. It should hit the $600 mark which is the upper point of the short-term channel. Hopefully thereafter it will move toward the $700 mark. Its currently trading at $493.
Please note, this idea is shared for educational and discussion purposes only and should not result in speculative investment decisions in any asset class.
Netflix: Weekly/Daily Analysis - Exit Long PositionsNFLX Weekly/Daily:
Weekly:
The Weekly chart's ADX numbers are falling such that I'm considering this may break below the PB&J Sweet Spot and potentially dead cross, changing the asset into short mode. It is however within the PB&J buy zone so a bullish reversal candlestick is certainly possible here as well. Bearish MACD divergence and a declining +DI seem to support that this is the end of the bullish wave.
Daily:
As far as Nison's SMA 10/20/200 strategy, shorting this is out of the question until both SMA 10/20 are below SMA 200, and they Dead Cross following. SMA 200 is a 4% drop from here and prior similar price action in this area precipitated an additional -15% drop before reversing bullish after 2 Weeks trading under SMA 200. Given the Weekly and Daily perspective I would close any open positions and only consider reentry on a solid bullish reversal from the SMA 200 zone, and only following a pullback into the SMA 10 / EMA "Sweet Spot" zone after a Golden Cross.
Also, Netflix should pay their damn taxes.