Netflix
Long Term investment on Netflix NFLX- Weekly chart
- has broken long term rectangular which started June 2018
- made back test at $424 and got strong support
- price is bullish on 10 EMA + 40 EMA
- MACD is bullish
- long term investment with expected ROI %20 in 6 months
What do you think ?
Please read this first !
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Regards
NFLX LONG SET UP (NETFLIX)TITLE/(DATE)- BUY NFLX/USD
ASSET- STOCK
PLATFORM-MT4
ORDER TYPE- BUY Market
Time Frame-4hr
ENTRY PRICE 1- $475.50 ✅ market
ENTRY 2- $468.50
STOP LOSS- $465.50(100 PIPs)
TAKE PROFIT 1-$485.50 (100PIPS)
TAKE PROFIT 2- $495.50(200 PIPS)
TAKE PROFIT 3- $505.50 (300 PIPS)
TAKE PROFIT 4- $525.50 (500 PIPS)
TAKE PROFIT 5- $545.60 (700 PIPS)
STATUS: Active
NFLX Trade Update, bullish triangle completedNFLX is setting up for a wave (v) increase into the 655-660 upside target. Wave v rally in progress as the current bullish triangle pattern has been completed yesterday. If this is the case bulls are setting up targeting the potential 760-770 wave v upside target. Check video update on trade management and profit maximization on NFLX existing bullish vertical spreads.
Long NetflixEn TM diario se puede identificar la finalizacion de onda 4 y comienzo de onda 5 al romper la linea de tendencia bajista del corto plazo. Por otro lado es un claro abc alcista con un cluster de fibonacci en la zona objetivo 61,8. Se puede ver en el grafico los soportes y resistencias identificados y como el precio va acompañando el analisis. Se presenta el trade con un ratio r/b mayor a 3. Veremos que pasa en los siguientes dias por ahora viene bien.
GNUS the hated child of penny stocksNow I wanted to post my TA of a near $1 GNUS was possible, but I didn't cause I don't care nor have a position. I'm just watching it as I eat popcorn
News
-GNUS is bring alot of talented people on its team, yet again this is a growing company trying to establish a foundation. Theres one problem with this tho, its they had years to establish this foundation, so it makes it hard for insituions to jump on to a vision that hasn't pulled through in the past.
-Establish its toys in Walmart and Amazon: good but there is just no establish brand awarness and its a hard competiton going against establish brands, such as star wars and exc. Their toys are mixed in with a bunch others, yet hasn't achieved its brand's potential.
TA
-Well its just keeps on dumping which many reasons can explain this, yet is still in the air.
1: They havn't made much money or if any in the past, so they would dump their shares from a .30cent sideways movement to a peak of 11.8 (I would).
2: It was over hype and the GNUS bubble popped. From the peak it ranges from a 90% correction to about an 86% correction. A bubble is a 70% correction and we are past that.
3: Penny Stock investors are selling and jumping into the next hype train from xspa to gevo.
-Again theres many reasons why this stock keeps on dropping, so what are the supports that we can expect? This could be next at 1.02 (6% downward move), .60 (44% move downward move), or for now .34 (a full entrancement and a 68% downward move).
-Since we aren't at 1.02, I left 1.37 light blue (a 26.7% move upward). Now its very hard to tell where it will bounce and if it can hold any price at all.
Final Thoughts
I'm just watching this as it drops and laughing at Andy's comment comparing his company to Netflix. Theres many problems with his streaming service and one being his offbrand cartoons and rip offs of others. One is a minecraft show, yet is a direct rip off of stampy from youtube. The video style and ep match almost 1 to 1 with the hype of his channel. This is a solid pass and if any advice I can give is remove your streaming service and redo all the cartoons and make them ORGINAL and up the art and visual effects. We live in 2020 and kids can tell with the poor voice acting. An idea is a Caillou spin off of an Orginal story and characters and not follow a 1 to 1 replica.
NETFLIX INCThe market is generally always bullish. but he lost a bit of that strength. at the moment he is creating a trading range in the weekly chart. if he ever breaks the (465) with power. there is a probability that he can reach around (413.93)
but if he ever breaks 522 with power there is a probability that he will reach around ( 590 )
Netflix (NFLX), Setup: BUY, TF: H4TRADE SETUP
Added on Aug. 4 as stock moved past high of Aug. 3.
Entry at 505.90.
BUY ZONE => $503.09 - $513.15
STOP LOSS
Stop loss at close below Aug. 3 low (490.23) or first decisive close below 5-day moving average line.
GOAL
5% to 10% profit goal (531.2 - 556.49) or first decisive close below 5-day moving average line.
E
ARNINGS DUE DATE
Oct 16, 2020 Estimated
Netflix nearest support line for reverse the downtrend #Netflix stock analysis , Netflix completed the W pattern Which is shown in the diagram inside the square , After completing the pattern of W , price moved up a little higher than we expected , But it was then that the the earning released and forced the price to start a correction ,
but at this moment That the world is suffering from disease and people have to stay at home ,One of the best options to spend time in the home is watching movie and Netflix is one of the best streaming service , so we have to expect that the The price reacts to the support points specified in the chart and reverse the downtrend .