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Netflix

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
NASDAQ:NFLX
by UnknownUnicorn2319099
4
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.
NYSE:TLong
by HotCharts
GNUS breaks 4 year bearish trend with violent move on volume!This will be a long one so bare with me. Outstanding move by GNUS today and what an incredible bounce back from back to back direct offerings. Broke 4 year bearish channel and now up 79.85% on the day and another 12.98% in after hours. This stock has been on my watch list ever since they released a couple of PR's that seriously got my attention but I steered clear due to 2 direct offerings. Today Genius Brand's Emmy award winning CEO Andy Heyward released a shareholders letter. After reading the letter I decided to take a long position in GNUS this morning. Lets answer the question probably on your mind "was the move justified?" The answer is yes the move was justified and I will explain why. Summary of PR's from May 5th and May 6th respectively : (source - Genius Brand's press release) "Genius Brands International to Launch “Kartoon Channel” Digital Network Across Amazon Prime, Apple TV, Comcast, Cox, SelectTV, DISH, Sling TV, Tubi, Xumo and More" "Genius Brands International’s Rainbow Rangers Toys from Mattel to Debut at Walmart Stores in August" They announced that on June 15th they will release a free to watch ad supported Kartoon Channel on those platforms listed above. They also announced that their toys from their hit tv show "Rainbow Rangers" on NICK JR will debut at Walmart. These toys will be made and manufactured by Mattel. 1. I found multiple other things that caught my eye which I will go over. Along with "Rainbow Rangers they also have a show called llama llama on NETFLIX which the lead character is voiced by Jennifer Garner, both of these shows have been renewed for a second season. 2.Mr. Heyward co- authored a book with Warren Buffet called "Secret Millionaires Club, Warren Buffett's 26 Secrets to Success in the Bus" They also have recently recorded Mr.Buffet for some psa's and a show called the "Secret millionares club" that is aired on their network and meant to help teach kids financial responsibility . 3.In august 2021 they have a show that will debut on AMAZON PRIME in the US and ALIBABA in China called "Superhero Kindergarten". This show was dubbed by "indie wire" "Stan Lee's final project" Arnold Schwarzenegger will both star as the lead character and will serve as Co-Executive producer. Fabian Nicieza will be scripting the series. CEO Andy Heyward Bio summary (Source - Genius Brand's website): Emmy Award-winning Andy Heyward has made more episodes of kid’s television than any other producer. During his five years with Hanna-Barbera, he was involved in the development and writing of numerous series including Scooby Doo, Flintstones, Jetsons, Smurfs, Yogi Bear and Scooby’s All Star Laff-A-Lympics. In 1982, he co-created Inspector Gadget and during the following years he has produced over 5,000 episodes of award-winning children’s programs, most of which shows and brands are household names, including Inspector Gadget, The Real Ghostbusters, Alvin and the Chipmunks, G.I. Joe, Hello Kitty, Sonic the Hedgehog, Super Mario Bros, Sabrina the Teenage Witch, Strawberry Shortcake, Care Bears, Captain Planet, Teddy Ruxpin, Sailor Moon, Madeline, Where on Earth is Carmen Sandiego, Liberty's Kids, and dozens more. In 1994, he convened the National PTA, National Education Association, UCLA and producers from throughout the industry to draft the first voluntary set of program guidelines for children’s television. In 1996, he hosted the first meeting between then FCC Chairman Reed Hundt and children’s television producers. Considering all of what I have listed above, I believe this is a unique opportunity and I have decided to invest in Genius Brands and have marked my price targets for the year in red on the chart. Disclaimer: Please understand that this is a highly volatile penny stock with bad financials currently and has been in a bearish trend for the past 4 years. This is highly speculative and risky play because a lot of things have to go right for this to work out. THIS IS NOT A RECOMMENDATION TO INVEST IN THIS STOCK. THIS IS NOT FINANCIAL ADVICE.
GLong
by UnknownUnicorn6673904
15
Full Stock Report - Netflix Inc. - A strong growth story!Due to Netflix’s huge expansion globally and the great quality of new products and features it provides subscribers with, leading to its great financial performance in the past few quarters, the share price of the company has been very bullish since the 3rd quarter of 2019. The stock was trading at only $253 in the end of September 2019 when the company beat analysts’ expectations for the 3rd quarter of last year and delivered better than expected earnings for the quarter, which immediately led to a huge buying interest among investors who started pushing the stock higher. The price started heading higher and formed a very strong bullish trend that lasted until the beginning of March 2020 where the stock reached its peak for the year at $392. Yet, due to the coronavirus pandemic and the huge sell-off across the stock market all around the world, Netflix’s stock depreciated as well, reaching the lows at $291 two weeks later. Yet, as we have mentioned earlier, the social distancing and the fact that people have been staying at home have given investors a signal that the correction back then was a great buying opportunity, giving them a chance to boost their profitability to the upside, considering the great financial performance of the stock and the even stronger expectations for the 1st quarter earnings report. Thus, investors started buying aggressively and that led to a massive bullish rally in the past 1.5 months, sending the price from $291 to $450. In fact, this was a new all-time high, since the previous record was reached back in 2018 when the stock reached its peak at $420. Since the company reached its new record high on the stock on the 20th of April we have seen a bit of profit-taking interest, which has ultimately sent the price down towards the key support at $394-$400 where investors started buying again earlier today, thus pushing it back up towards the current $419 level. After analyzing all the above-mentioned factors and the huge financial success of the company, we believe in the longer-term success of the company and would like to add Netflix to our portfolio. Therefore, we need to decide at what price we would like to buy the stock in order to maximize our followers’ profitability to the upside. Moreover, we are taking into consideration that the situation with the coronavirus has started improving and countries are slowly getting out of the recent lockdown, which would also motivate investors to seek great buying opportunities on leading stocks, such as Netflix. Going back to our previous point, the daily chart shows the key psychological support at $394-$400, which used to be a strong resistance level that was broken in the middle of April during the huge buying activity on the stock, where investors pushed it towards the new record of $450. As soon as investors started cashing in some profits and the price reached the lows at $394-$400 there was a lack of further selling activity and that could easily be seen on the chart, which shows that as soon as the price reached the $400 support investors started buying again, taking advantage of the short-term profit-taking correction and sending the price towards the $419 already. In fact, the middle Bollinger band line matches with the key support at $400, while the RSI is still heading higher at the current levels at 55. The Stochastics indicator has already crossed down in the overbought territory during the recent correction that has taken place and is now close to reaching the oversold area where it will be giving further bullish indications as well. Furthermore, the Fibonacci retracement at 38.20% matches perfectly with the support at $400, giving a further buying indication at that key psychological support level. As you know, our correlation-confirmation model gives us a chance to identify great market movements and therefore be able to maximize our profitability on different stocks. Yet, before we buy the stock we need to get a confirmation from some of the biggest ETFs and make sure they confirm our bullish stance on the stock. You can find our full correlation confirmation analysis if you follow us everywhere! Therefore, the current price movement on both XLY and SPY confirm our bullish stance on the Netflix stock and give us a further indication that buying the stock at the strong psychological level at $395-$400 would give us a chance to make high profits to the upside. Therefore, considering that Netflix is currently standing at $419 we would prefer to wait for a short-term profit taking correction towards the support at $400 where we will start buying the stock aggressively. In case the price makes a further drop we will be interested in adding more to our buy positions at the next strong support mark currently standing at $380, which will give us a chance to improve our average cost basis and maximize our profitability to the upside. We will be looking to cash in some of our profits when the price reaches our first target at $420, followed by the longer term target at $450-$460 where we will be fully cashing in our profits and waiting for another correction that would give us a chance to buy again and boost our followers’ profits again.
NASDAQ:NFLXLong
by DowExperts
NFLX 5/26 Weekly PlanExpect a vac on 4h, 1D, nice pivots on the fibs, probably already bucked the trend downtrend seen on the hourly with green af futes. These plays will be heavily influenced by index direction. Plan for the short week starting 5/26 on NFLX . 1h: 14: 432.87 30: 442.55. Again ugly. looks like its in a comfortable downtrend. 4h 14:445 30: 441 - really ugly, might still vac Daily 14MA - 440.23 30MA - 429.48 Weekly 14: 388.24 30: 353.07 TL; DR Long above 431.32 R1: 437.80-439.10 R2: 453.47 (Daily 14MA 440.23, 4H_14: 445, 4H_30: 441 Target somewhere in the 440 area where I would exit) Short Below: 420.63 S1: 407.75 S2: 394.84
NASDAQ:NFLX
by KyleKantebet
1
Netflix Month Elliott WaveOn the Longer term Netflix looks Bullish... a wave that was done at 432 level can be the a wave from the same degree as the rest or it can only be the a wave of smaller degree... It can also be a wave 1 if the bigger degree is a zigzag... Also If the wave a is in place we can still be in the b wave Other way is b wave is done too and now we are on the c wave.. When Trading Elliott always have more than 1 scenarios because market doesn't always give all the info you need to trade...
NASDAQ:NFLX
by HDFX-Trading