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Netflix

Netflix: More upside potential. $700 realistic before profit-takNFLX is trading on a long term Channel Up on the 1W chart (log scale) since early 2013. Despite being overbought (RSI = 79.335, MACD = 45.450, ADX = 45.358, CCI = 303.3862) with the earning approaching, Netflix has still room to grow before the next selling wave within the Channel takes place. Both the LMACD and RSI are on levels where the price previously posted one last run to the Channel's Higher High, before it hit the Resistance Zone (red ray) and pulled back. We have a Target Zone for NFLX within 700 - 800.00. It is beneficial to add here that these long-term projections on NFLX have been particularly useful to our strategy. See our previous trading call on this stock in September 2019 when the price was trading at $260. The price is now more than double and approaching our (then) target of $650: ** If you like our free content follow our profile to get more daily ideas. ** Comments and likes are greatly appreciated.
NASDAQ:NFLXLong
by InvestingScope
2
Netflix earnings are on the way... here's what I thinkNetflix reports earnings this week and it's going to be a really important report to the entire tech and media industry. Here's why: 1. We will find out just how much business the covid lockdown brought them from people staying home and in doors 2. We will find out how they are navigating the content creation lockdown and what that means for shows in the coming months and year 3. We will find out if Netflix is growing faster than its competitors like Disney, Hulu, and others if those companies are pressuring them at all One thing I have noticed is that Netflix is up 75% year-to-date. Well done to those who have been long and are holding. My question, though, is what does Netflix have to report to meet these high rising expectations?
NASDAQ:NFLX
by scheplick
1
NFLX week of earningsWe're finally on the week of Earnings and the key questions is will be the bulls keep pushing the stock to the next level? or will the big players will try to get their profits from last friday and try to push the price down before earnings so they can buy cheaper again? Call Scenario The next fibo level will take the stock price to 620 level. If we look at the movement last earnings, was pretty similar with a full week of bear market . Put Scenario Big player will take their profits and take the price to the 490 price range. Interesting week, let the game begin. ------ Finalmente estamos en semana de Earnings y la pregunta que todos nos hacemos es seguiran los toros empujando el precio? o los grandes jugadores tomaran sus ganancias del Viernes y trataran de tumbar el precio antes de earnings para asi poder comprar mas barato? Escenario Call: Nuestro proximo nivel fibo lleva la accion a precios alrededor de 620. Un movimiento muy parecido a los ultimos earnings el cual fue una semana entereda en mercado al alza. Escenario put: Los grandes jugadores toman sus ganancias y hacen que el precio retroceda a los niveles de 490. UNa sesemana bien interesante..que el juego comienze.
NASDAQ:NFLX
by juan75
NFLX Pre-Move Analysis |Technical look on $NFLX NASDAQ:NFLX with potential options play Netflix makes $100 million commitment to support Black communities in the U.S. As we come toward the end of this massive 10 month wedge, we must be patient. Throughout Covid, Netflix has performed rather well since the first wave, achieving 20% above previous 2020 highs. Will Netflix moon into earnings? Will earnings disappoint long investors? Comment your thoughts below! The Plays: Estimated Time: 7-11 weeks - Bullish - Breakout on the upside or other bullish activity: NFLX $540 Call expiring late september, this break will result in a massive rip in which we will aim to play the continuation. Take profits! - Bearish - Break toward downside, lose of channel: NFLX $460 Put Expiring late September or October. Chart is giving off more bearish signals than bullish but that's not pricing in Covid. We will cover this play when the time is right, be sure to keep your eye on it. This is not financial advice nor am I a financial advisor DotcomJack
NASDAQ:NFLX
by DotcomJack
4
Netflix will continue to 512A new HP. As predicted, Netflix kept going up looking for zone 512. There is only 1 week left and it looks like tomorrow will reach the 512 zone. The question is will it keep going up until earnings or will the sharks will make the price goes down before earnings so they can buy cheaper? Un nuevo Alto Historico. Netflix continua buscando la zona 512 faltando 1 semana para los earnings. La pregunta es, seguira creciendo hasta los earnings? o los tiburones haran bajar el precio antes de earnings para asi poder compar barato?
NASDAQ:NFLX
by juan75
How the Elliott Wave works on NETFLIX (NFLX)Back in June, we wanted to prove to our members how the Elliott Wave Theory, when used correctly, can help traders narrow down the probabilities of price movements for any financial asset, allowing them to foresee what other traders can't. As an example, we applied the theory to the NETFLIX (NASDAQ:NFLX) chart to show our members how its price would likely behave over the time period of several weeks. That was almost a month ago so let us find out how things have progressed so far. Check out the comparison charts below: Today's chart: First posted 3 weeks ago: Using the theory, we were able to precisely predict the price milestones that the NFLX market would take to reach its new all-time high of $500. The theory does not always work but when it does, it can be very precise. If you are interested in learning the theory, we would recommend you start by reading this book entitled "The Wave Principle" by Ralph Nelson Elliott . Please share and like this post if you find it useful.
NASDAQ:NFLX
by cryptoezvip
NFLX | Short Opportunity | 3 Day Chart |Correction of 9% - 22%Why subscribe to my post and follow me? I'll only provide excellent opportunities that you have a hedge; this means a good risk and reward ratio I have a BA in finance and a good understanding of microeconomics I have five years in Technical Analysis, I love reading charts and won't provide you with shitty charts or different indicators every time I'll provide you with realistic targets and exits for a safe trade I want to provide information for all long & short term traders. Long can hedge against this move, and shorts can profit from the correction. A. Netflix has gained over 68% over the last four months; there is no doubt that due to the COVID - 19, the amount of membership has increased dramatically. It has a current P/E ratio of 96 compared to its biggest competitor Disney with a P/E ratio of 37. B. Netflix has created fantastic content, which has helped them almost double their revenue and contribute a higher EPS to shareholders from 2017 to 2019. C. Analyzing the 3-day chart, we find divergence since the start of the COVID 19 in March. On Feb 14, 2020, the RSI was a high-level os 75 at the price of $400. Since then, it crashed down to $300 and back to $480 this week with an RSI of 63. D . Divergence is a sign that the trend is getting weaker since there are fewer buyers, and we could expect a change in pattern. E.Corrections : 1. The first correction I expect it is a solid uptrend is to bounce at the 20 EMA at $433 and break overbought conditions at 70RSI to break the divergence. 2. The second possibility is a correction of 38.2%, which is next to the 50 EMA, which is 22% away from the current price at $394. 3. The last possibility is that it bounces the 100 EMA at $365. 4. Use this correction points to average in or to hedge against you long positions. Trade safe and do your own DD.
NASDAQ:NFLXShort
by Winallday310