NETFLIX @ 1.618 ext. Bearish DivergenceThis one had a decent run already tons are bullish on this when im seeing a clear bearish exhaustion at a key resistance of the 1.618 @ 444 area. This was fibbed off daily candle body close.
4hr showing some steep divergence with macd cross as well. Macro market could be turning down as well.
just my thoughts and opinion
Netflix
reach a clear resistance and plateau but no sign to sell yet I love Netflix and made awesome money on it and I am out at this point all good news and prospect are priced in
I don't see any signs of emergency selling but I don't see any sign that it will move much higher so temporary I cash in the awesome profit
NETFLIX INC (NFLX) Mohthly & WeeklyDates in the future with the greatest probability for a price high or price low.
The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates.
One way the Djinn Indicator is used to enter and exit trades:
For best results trade in the direction of the trend.
The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30.
When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered.
When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered.
This trading strategy works on daily, weekly and Monthly Djinn Predictive charts.
Trades made when the monthly and weekly arrows are pointing in the same direction are the most profitable.
This is not trading advice. Trade at your own risk.
Netflix Above the WedgeNetflix has broken above a wedge!
Currently sitting on top of a fib line
50MA can be seen to be rising
Looks good from TA perspective, however current market situation and economy is quite poor, with the coronavirus affecting the US.
Netflix is a great brand and has a great social standing
Risky buy
$NFLX (short)Everything on the chart.
In my previous idea we got a stop. But now the picture is more understandable, most likely we have formed a double top pattern, + from the bottom we have gap.
open pos: market
target: ~383
stop: 446$
Risk 1 to 6
Hello everyone, almost year ago i have lost my deposit(almost 8btc and i'm still broke w/o deposit and job,I can’t do my favorite thing.) and now i'm trying to get back to the market. If i help you to earn some money i will RLY VERYVERY THANKFULL for your donate(PM to me). Also open to your suggestions.
NETFLIX - Ascending TriangleAscending triangle.
The breakout should see an increase in volume (I would have expected more).
The upper resistance should become a support on subsequent dips after the breakout
Minimum price objective is the height of the triangle projected upward from the breakout point.
In conclusion:
Short term - go short - price target 392.5 (circa)
Long term - go long - price target 540 (circa)
FANG Index is back at AllTimeHighIt´s insane how powerfull and quick the well known FANG Index is back on track at it´s AllTimeHigh $FB $AMZN $NFLX $GOOGL.
All of them have strong revenues, growth, profits and a chart, which knows only one way --> UP
Let´s see what´s coming next.
>> And never fortget ! -- Plan your trade and trade your plan ! <<
$NFLX Ez SHORTEverything on the chart. Two scenarios but both short. After a local rebound, the fall will continue.
(yellow Scenario) If this a local correction our target area ~396$.
(red scenario) if this impulse our targets will lower on 383 and 372$. I would fix at least 50% of our profit when we come to the area 396$.
stop: 433$
Good luck guys.
Hello everyone, almost year ago i have lost my deposit(almost 8btc and i'm still broke w/o deposit and job,I can’t do my favorite thing.) and now i'm trying to get back to the market. If i help you to earn some money i will RLY VERYVERY THANKFULL for your donate. Also open to your suggestions.