Netflix
Bullish Charts - Streaming Media PlayRoku, Inc. operates a TV streaming platform. The company operates in two segments, Platform and Player. Its platform allows users to discover and access various movies and TV episodes, as well as live sports, music, news, and others. As of December 31, 2018, the company had 27.1 million active accounts. It also provides advertising products, including videos ads, brand sponsorships, and audience marketplace program; and manufactures, sells, and licenses TVs under the Roku TV name. In addition, the company offers streaming media players and accessories under the Roku brand name; and sells branded channel buttons on remote controls. It provides its products and services through retailers and distributors, as well as directly to customers through its Website in the United States, Canada, the United Kingdom, France, the Republic of Ireland, Mexico, and various Latin American countries. The company was founded in 2002 and is headquartered in Los Gatos, California.
Daily Chart looks amazing.
Golden Cross at the 112 to 113 level.
Broke out above the cloud after the cross.
Volume, PMO, MACD, RSI & Stochastic are all Bullish
Long!
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The Content herein is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
NFLX - Possible Head & Shoulders Forming NetFlixIf you check our last Netflix analysis, you'll note we mentioned Netflix stock was one of our biggest regrets of not getting in early enough. We've been looking for an entry and may have something going here with the possible formation of a Head & Shoulders on the way. I don't like playing the what if game because this could very well not happen but it's just something we're watching. As always - We Wait for Confirmation! Otherwise, you're trading based off speculation (gambling). This is a complete Maybe scenario at the moment so we wouldn't take any positions on this just yet, just simply observing.
Possible Head & Shoulders Setup:
We have an up trending neckline forming, a lower left triangle, the Head in the middle with an increase in volume heading towards the bottom of the right side of the head (good for the bears), and we appear to have a peak forming on the right side.
We're not in position at the moment as we're looking for a better entry point as to why we have a Neutral rating for now. This could change with changes in the market. We're simply watching for now. If we do get a confirmed H&S we would be watching $350 level for entry. Will get a better idea as this plays out.
Hit us with a like and a follow for more updates. Cheers!
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Netflix Booming Through Lockdown!With the global lockdown in place, many companies have seen huge growth and one of them
is Netflix. This is understanding as many people are confined to their homes and looking for
ways to keep the family entertained.
Netflix started to see its share price rise fast back in April this year but failed to break out of
the two year period of consolidation in April and May. So far this month, price is trading outside
of the consolidation zone but we will have to wait until the end of the month to see if price can
close outside of the consolidation zone. This will be important because it will indicate further bullish moves.
The current all-time high was set last month at $458 so we want to see price clear this level and continue
to create new all-time highs. Once Netflix sets up for a high probability opportunity, we will share
this opportunity in our free community.
See below for more information on our trading techniques.
As always, keep it simple, keep it Sublime.
NFLX, always a good investment Hello Traders,
As we said in our last analysis of Netflix stock price , Netflix’s stock is showing good performance for long terms investment.
Actually if the stock could break the resistance Max M2, we could see a growth to the resistance Max M2.
However if the stock breaks the support down, we could see a decreasing trend.
$NFLX in a good spot for a push upwardsOverall up trend, and it's in a better spot between the resistance and support levels compared to other tech stocks. Its dip was especially drastic at the end of last week. I'll be watching for it to drop below the area highlighted in red which would signal a trend reversal. Overall, based on this chart and overall sentiment in the company, I see Netflix as seeing a jump Monday.
Bullish Charts - Arnold Schwarzeneggar Takes Huge StakeGenius Brands International, Inc., a content and brand management company, creates and licenses multimedia content for toddlers to tweens worldwide. The company offers Rainbow Rangers, an animated series about the adventures of seven magical girls; Llama Llama, an animated series; SpacePop is a music and fashion driven animated property; Thomas Edison's Secret Lab, a STEM-based comedy adventure series; and Warren Buffet's Secret Millionaire's Club, an animated series for kids. It also develops animated series, such as Superhero Kindergarten and Baby Genius. In addition, the company acts as a licensing agent for Llama Llama. It serves various customers and partners, including broadcasters, consumer products licensees, manufacturers, wholesalers, and retailers. The company was formerly known as Pacific Entertainment Corporation and changed its name to Genius Brands International, Inc. in October 2011. Genius Brands International, Inc. was founded in 2006 and is based in Beverly Hills, California.
Arnold Schwarzeneggar has entered into an agreement to become a significant investor in Genius.
Daily Chart / Indicators turning up, Bullish.
Looks like it's going to blow through the roof.
Long!
DISCLAIMER
The Content herein is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
Netflix Going Up 06/13/2020For the stock Netflix, the total trend is going confidently up with enough volume and without any major drop-offs or drips of people selling the stock. The price-performance from 5 days to 1 month is in the negative but any time frame after that it looks good. In the last months, there has been very little in the downturn side of the stock and the volume also indicates that the market is favoring the long side. New highs are also devolving well over the new lows.
The short to long term indicators show a strong buy with the current negative downturn of the stock is weakening and should start to rise again.
Overall the news is positive about Netflix and they are continuing to release new titles consistently.
The average of this sector does not look so good and is in a downturn overall. in the last year while Netflix is showing that they are outperforming their competitors. The beta is close to a 1. The P/E TMM is 86 and is well over the S&P 500 average of 21.81 and the EPS TTM is 4.94 and the 3rd highest from its compactors.
The last 4 quarters came up an average of 48% increase over what was estimated, and they are estimating the next 4 quarters look very high on the growth rate. Out of around 30 analysts, they are showing to buy the stock and I would have to agree with this as well.
I will look at this in the next 3rd quarter.
Netflix Compression. (NFLX)🤔 Two patterns taking place as we hit major level of Resistance.
Bull Pennant or Inverse Head And Shoulders.
Price is being compresses in the green pennant formation.
Safest bet is to play the pennant breakouts to the up or the down / avoid the noise for now.
Once the break happens, next you will look to play those positions towards the green horizontal support and Resistance levels to test for trend continuation.
Cheers! 🍺
🥇MLT | MAJOR LEAGUE TRADER
AT&T Selling Gaming Unit for $4 Billion - LongNews hit right before the close.
AT&T in talks to sell WB games business in possible $4 billion deal.
Looks like a bidding war could erupt.
From the news release, Take-Two-Interactive, Electronic Arts and Activision are all interested in buying the gaming business.
This will give AT&T much needed capital.
I see the stock moving higher on this deal.
Going long!
DISCLAIMER
The Content herein is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.