NETFLIX SHORTNETFLIX SHORT
Correction will take Netflix to Fibo.
Then, in this point, take position and go in.
High Profits post-Short, looking for mid - long term,
See you later!!
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:
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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?
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.
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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.
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
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?
netflix analysis in 15 min (BUY SIGNAL) netflix its for buying but i have doubt after this breaking of the blue line
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.
NFLX LEVELSIF NFLX CAN HOLD OVER 474, IT CAN MAKE A MOVE HIGHER TOWARDS 500.
TRADE IDEA: 500C 7/10
IF NFLX BREAKS UNDER 474, IT CAN FALL IT 459, 453.
TRADE IDEA: 450P
NFLX (Netflix): Possible H&S PatternNFLX (Netflix) is developing a potential Head & Shoulders price pattern, on the daily chart.
Neckline Support in red is approximately $405 to $408 range.
Downside breakdown target would be -13%, or approximately $355 range.
If the H&S fails, NFLX would need to breakout above $444 and $459 to continue the uptrend.
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.
NETFLIX (NFLX)Hi,
Strong support 330 - 375.
Technical criteria:
1) The trendline since 2016
2) 2018/2019 resistance become support
3) Weekly EMA 100 (blue)
4) Weekly EMA 200 (red)
Regards,
Vaido
Netflix 2 semanas antes de Earnings? Continuara buscando AH o noAnalisis para Semana Julio 6-10
Faltan 2 semanas para earnings, lo cual hace que exista mucha volatilidad y que los contratos se pongan caros.
Hizo AH el dia 1 Julio con un alza de casi 40 doalres, algo inusual en Netflix, pero el dia de hoy retrocedio.
Scenario Call
La tendencia es altamente bullish y los analistas estan estimando precio de 600 a 615, por lo cual puede abrir con gap up y superar AH. Esto confirmaria la tendecia y la accion puede tomar mucho momentum antes de earnings. MA 8 sigue por encima de la MA21 en VD
Scenario Put
La accion puede devolverse hasta nivel .236 de fibonachi el cual es un claro soporte en el pasado en 436 y el cual era el precio de la accioni en el ultimo earnings.. si lo pasa puede continuar hasta el nivel 420.
Puede ser un escenario posible ya que los que compraron anteriormente podrian estar buscan sacar sus ganancias antes de earnings, y bajar el precio para luego volver a entrar despues de los resultados.
BUY NETFLIX IF..If NETFLIX opens tomorrow above the BLUE resistance, then the next TARGET is 514. If it makes a pullback on the BLUE resistance, it will most likely retest the green support below.
It is more likely that NETFLIX will go higher.
NETFLIX INC Long-Term Short IdeaI think there is a possibility for a long-term set and forget short. Target around 325 around the 10th of September.
I am not trading this instrument, just sharing for fun and to see what happens down the road. I want to see if what I did to get these results bears any fruit.
Trade smart. Manage Risk.
