NETFLIX’s Next Big Move: Massive Breakout Imminent?Technical Analysis:
NFLX (Netflix), on the 15-minute time frame, has set up a long trade with a strong entry at $744.60, supported by good volume. The breakout occurred above a consolidation phase, indicating market interest in a bullish move.
The price action is holding above the entry level, and the Risological Dotted Trendline is trending upward, providing a strong support foundation for the trade. This long setup points to a potential bullish continuation as Netflix approaches the following targets.
Key Levels:
Entry: $744.60
Stop Loss (SL): $715.10
Target 1 (TP1): $781.07
Target 2 (TP2): $840.08
Target 3 (TP3): $899.09
Target 4 (TP4): $935.56
Observations:
The breakout was backed by strong volume, reflecting confidence from the bulls.
Price is consolidating near TP1, suggesting momentum is building for further upside.
The Risological Dotted Trendline is trending upwards, giving strong support around $744, ensuring the trend stays intact.
Outlook:
Netflix's long trade setup shows strong potential for upward movement. With the support of the Risological Dotted Trendline and high volume backing, this trade is well-positioned to meet its targets. Watch for any pullback near $740, which could present another opportunity to re-enter or add to positions.
Netflixbuy
[EN] Netflix at all-time highs // GaliortiTrading NASDAQ:NFLX in late July attacked the 61.8% Fibonacci of the entire previous decline since November 2021 . It pulled back to its liquidity zone between $370-385 from which it has made a new impulse. Final target: new all-time highs .
1 M
On a long term chart we note that NASDAQ:NFLX in July 2022 rested on its bullish trendline to develop a new bullish leg . Its final target for the next few years would be around $2,000.
1 W
In the shorter term on a weekly chart we observe that NASDAQ:NFLX is developing a symmetrical triangle that is highly likely to break to the upside . The minimum target for such a breakout would take it to around $580 . It should be remembered that the first obstacle after that breakout will be the 61.8% Fibonacci ($492) so it is likely to make a pull-back to the breakout line. In addition, the bearish gap from the end of July will be a resistance to be taken into account.
The 470-495$ is a great liquidity zone that will allow it to perform a new bullish wave with a first target at 580$ (target of the broken triangle) and a second target at new all-time highs.
1 D
The company's third quarter results have led to a large bullish gap with a large volume (the second largest of the year), this translates a great strength as demonstrated by the verticality of the rise. It is logical that in the coming days there could be a correction as prices hit the medium-term downtrend line . It will be a healthy and necessary correction to develop a new momentum that will allow it to definitively leave the 61.8% Fibonacci level .
Pablo G.
Netflix Ventures into Video Game Streaming: A Game-Changer in th
Introduction:
We are calling all savvy traders! Brace yourselves for a groundbreaking announcement that has the potential to reshape the entertainment industry as we know it. Netflix, the streaming giant that has revolutionized the way we consume movies and TV shows, is now stepping into the realm of video game streaming. This exciting move will diversify Netflix's offerings and open up a world of opportunities for the company and its loyal subscribers.
The Game-Changing Leap:
Netflix's decision to enter the video game streaming market signifies a strategic shift that promises to captivate gamers and entertainment enthusiasts. With a vast user base of over 200 million subscribers worldwide, the platform's foray into gaming is poised to disrupt the industry and create a new era of immersive entertainment experiences.
Why This Matters:
By expanding its services to include video game streaming, Netflix is tapping into a multi-billion-dollar market, further solidifying its dominant force in the entertainment industry. This move diversifies their revenue streams and enhances their competitive edge, enticing new subscribers and keeping existing ones engaged for extended periods.
The Netflix Advantage:
What sets Netflix apart from traditional gaming platforms is its ability to leverage its vast content library and recommendation algorithms to curate personalized gaming experiences. Imagine a world where Netflix recommends movies and TV shows and suggests video games tailored to your preferences. This integration of gaming into their existing ecosystem creates a seamless and immersive user experience, making Netflix an all-in-one entertainment hub.
The Call-to-Action:
As traders, it's crucial to recognize the immense potential that Netflix's entry into video game streaming brings. This exciting move will drive the company's growth and create new investment opportunities. By diversifying its offerings, Netflix is positioning itself for long-term success and continued innovation.
So, don't miss out on this game-changing opportunity! Keep a close eye on Netflix's journey into video game streaming and consider adding it to your investment portfolio. Stay informed, analyze the market trends, and seize the potential rewards that lie ahead as Netflix continues to redefine the boundaries of entertainment.
Conclusion:
Netflix's decision to venture into video game streaming is a bold and exciting move that has the potential to revolutionize the entertainment landscape. By diversifying their offerings, the streaming giant is primed to captivate a broader audience, enhance user engagement, and create new avenues for growth. As traders, it's essential to recognize the significance of this move and stay ahead of the curve. So, gear up for a thrilling ride as Netflix transforms the way we play and stream, and seize the opportunity to long Netflix as they embark on this exhilarating journey into the world of video game streaming.
Netflix: Continue Watching 🍿Bring on the Popcorn! The Netflix stock continues to rise and should finish the turquoise wave A soon. Once completed, the stock would fall into a correction until the course drops below the support line at $252.06 and wrap up the turquoise wave B. Once the stock hit its corrective low, the course can start an upwards trend to climb further North in the longterm.
Netflix to find support at 50 EMA again?Netflix - 30d expiry - We look to Buy at 281.11 (stop at 265.74)
Our short term bias remains positive.
Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end.
50 1day EMA is at 276.80.
The 1 day moving average should provide support at 276.80.
Daily signals are bullish.
Expect trading to remain mixed and volatile.
Early pessimism is likely to lead to losses although extended attempts lower are expected to fail.
Our profit targets will be 319.49 and 329.49
Resistance: 322.77 / 350.00 / 395.00
Support: 302.10 / 275.94 / 252.09
Disclaimer – Saxo Bank Group.
Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
This movie isn't over yet - Netflix Netflix
Short Term
We look to Buy at 170.63 (stop at 160.01)
There is scope for mild selling at the open but losses should be limited. A bullish reverse Head and Shoulders is forming. This is positive for sentiment and the uptrend has potential to return. Further upside is expected.
Our profit targets will be 207.19 and 221.00
Resistance: 192.00 / 207.38 / 332.00
Support: 170.00 / 125.00 / 81.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
Netflix. Will The Bulls Defend The 0.382? Best Load Up Zones.Current Market 79 Billion
Up an impressive 200,000% over the last 20 years, Netflix reached an all time high of $700.99 back in November 2021.
It has since corrected a whopping 77% and hovers around the $165-$180 range.
The biggest correction Netflix had to endure was back in 2011-2012, it reached an all time high of around $43 before a staggering 82.5% drop.
If we pull a fib from its 2002 low, to its ETH in 2011, we can see that price found support at the 0.382 level. (Fib pulled from body close to body close)
I've then pulled a fib from the 0.382 to its November 2021 ETH. A similar 82.5% correction would place it once again in the 0.382 range.
We also have a lifelong trendline approaching that could also be tested as support.
If the 0.382 doesn't hold, long term bulls should look for buys at the next fib levels.
RSI is at record lows , Stochastic oversold. We could have a little rally before testing the 0.382/trendline as we did back in 2012.
We could even just rally from here, only time will tell! If your bullish long term, DCAing is best.
Here's an extract from from the Q1 shareholders growth outlook report sent out in April.
In the near term though, we’re not growing revenue as fast as we’d like. COVID clouded the picture by
significantly increasing our growth in 2020, leading us to believe that most of our slowing growth in 2021
was due to the COVID pull forward. Now, we believe there are four main inter-related factors at work.
First, it’s increasingly clear that the pace of growth into our underlying addressable market (broadband homes)
is partly dependent on factors we don’t directly control, like the uptake of connected TVs
(since the majority of our viewing is on TVs), the adoption of on-demand entertainment, and data costs.
We believe these factors will keep improving over time, so that all broadband households will be potential Netflix customers.
Second, in addition to our 222m paying households, we estimate that Netflix is being shared with over 100m additional households,
including over 30m in the UCAN region. Account sharing as a percentage of our paying membership hasn’t changed much over the years,
but, coupled with the first factor, means it’s harder to grow membership in many markets - an issue that was obscured by our COVID growth.
Third, competition for viewing with linear TV as well as YouTube, Amazon, and Hulu has been robust for the last 15 years.
However, over the last three years, as traditional entertainment companies realized streaming is the future, many new streaming services have also launched.
While our US television viewing share, for example, has been steady to up according to Nielsen, we want to grow that share faster.
Higher view share is an indicator of higher satisfaction, which supports higher retention and revenue.
Fourth, macro factors, including sluggish economic growth, increasing inflation , geopolitical events such as Russia’s invasion of Ukraine,
and some continued disruption from COVID are likely having an impact as well.
Hope this helps, yours truly-
Thomas Shelby, Shelby Company Limited.
Speculative Setup, DYOR. Allow 3-24 months for this idea.
NFLX:If it looks like a bottom. . . ?!!Netflix
Short Term - We look to Buy a break of 210.00 (stop at 158.96)
The bullish engulfing candle on the daily chart is positive for sentiment. A bullish reverse Head and Shoulders is forming. This is positive for sentiment and the uptrend has potential to return. Further upside is expected to close the gap between 248.70 and 333.22.
Our profit targets will be 329.00 and 400.00
Resistance: 240.00 / 330.00 / 400.00
Support: 160.00 / 125.00 / 81.00
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NFLXNetflix shares have fallen sharply recently due to bad news about the company's users falling
But that reduction is too much, and I expect it to have at least one retreat towards the $ 333 and $ 478 targets.
MACD and RSI indicators are in the floor area and sellers do not seem to be able to reduce the price and the price in the area is between $ 180 and $ 200.
Netflex Montly view. Here we can see Netflix is regularly LL even in monthly TF its very low.
As we can see In in June 2011 to Dec 2011 Market crash 70 to 80% then its conver now we are expecting the same sitautuion near its 0.786%% retracement level and total fall of 74% we will see Netflix at 1000$ in comming 2 to 5 years.
Netflix: Great opportunity to buy the dipAfter a huge gap, investors such as Bill Ackman even the CEO of Netflix are buying the dip in this strong support line in all extreme oversold levels. We expect the price to recover if there are no bigger corrections on the main indices. Netflix is experiencing less growth due to higher competition but the company still has good numbers. It's a buy and hold.
Netflix Analysis, The Entry into The Gaming Sector Hello everyone, as we all know the market action discounts everything :)
_________________________________Make sure to Like and Follow if you like the idea_________________________________
The market seems to be falling into a small sideways move for the last 10 days that's located between the ranges of 610.13 and 572.07.
NFLX has been doing great for itself, in the last month the stock jumped from 504.75 up to 615.75 that's a 22% increase which is huge and both the long and short-term trends are positive.
NFLX has an average volume of 3244020. This is a good sign as it is always nice to have a liquid stock.
Possible Scenarios for the market :
Scenario 1 :
The market is trading at 599.06 and it's crossed the first resistance located at 595.54 and it looks that it could be headed to the main resistance zone near the 607.23 area
If the market was able to breakout that zone we will be seeing a breakout of that sideways move that could lead the price to a new all-time high at the range of 636.36.
Scenario 2 :
In case the market continues his sideways move, we could see the price drop to the lower end of the channel near the 576.41 level and bounce back up after a battle over control between the Bears and Bulls with the winner most likely to be the Bulls.
The market will probably trade in the channel range for a while before reaching the resistance zone at 607.23 and breaking out of it.
Technical indicators show :
1) The market is above the 5 10 20 50 100 and 200 MA and EMA (Strong Bullish sign)
2) The RSI is at 62.54 showing Great strength in the market, IF the RSI drops from here it will Create a divergence with the market.
3) The ADX is at 33.01 Showing that the market is trending with a positive crossover between DI+ (27.21) and DI- (14.41)
Daily Support & Resistance points :
support Resistance
1) 576.16 1) 595.54
2) 568.47 2) 607.23
3) 556.79 3) 614.92
Weekly Support & Resistance points :
support Resistance
1) 573.88 1) 605.12
2) 555.36 2) 617.84
3) 542.64 3) 636.36
Fundamental point of view :
Netflix Completes The Acquisition of Night School........
for those who don't know Netflix has announced that it has completed the acquisition of Night School. The gaming studio is known for developing games and is behind the popular game Oxenfree.
This new project will provide Netflix with a lot of Value now that its steeping into the Gaming sector.
The VP added that Netflix is dedicated to building the creative capabilities and library of Netflix games with Night School. He added that Netflix intends to introduce exclusive games designed for various categories of gamers. The games will be included with its membership, and users will get to enjoy them with no ads or in-app purchases.
NFLX has a Return On Assets of 10.72%. This is amongst the best returns in the industry. The industry average is -3.91%. NFLX outperforms 90% of its industry peers.
NFLX's low PEG Ratio, which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company which could indicate a big increase in the stock price in the near future.
This is my personal opinion done with technical analysis of the market price and research online from Fundamental Analysts and News for The Fundamental point of view, not financial advice.
If you have any questions please ask and have a great day !!
Thank you for reading.
NFLX 1W Is the price of $860 per share real in the near future?Today, we will write down our expectations regarding the value of Netflix shares in the future, as well as a little bit tackle of the history of the company's development.
If you love reading business literature to inspire yourself for future achievements, then we strongly recommend that you read the story of "getting on your feet" once a small company Netflix that has been renting and selling VSH cassettes and DVDs by mail since 1997.
One year after founding, the owners stopped selling VSH and DVDs to focus on the initial idea of renting discs and cassettes.
Their entire history is based on the "super flexibility" of executives who sensed the future trend of their market and acted ahead of the curve.
Here's an example of how a small then Netflix beat the giant of their segment — Blockbuster
The heyday of Blockbuster dates back to 2004, when the company employed about 60 thousand people, and the company owned 9 thousand points of rent and stores. In the late 2000s, Blockbuster faced strong competition from online video service Netflix and filed for bankruptcy in 2010.
Meanwhile, Netflix has expanded its business since 2007 by introducing online media streaming, while not closing the DVD and Blu-ray rentals.
Since 2010, the company has expanded from the United States and expanded internationally.
And since 2013, Netflix has entered the industry of its own content with the debut of its first series.
Now, there are plenty of competitors to Netflix, and we all know them and use their services, but the price of NFLX shares confirms their strength in the market.
If you narrow the chart, you will see that the NFLX share price has been moving in a dynamic channel upward since 2004.
In 2012, the share price bounced off the lower boundary of the channel and t he $8 mark and began an upward trend that continues to this day.
In February-March 2020, when the entire market fell by 30-35%, or even more, NFLX shares fell in value only by -26%
However, the CoviD crisis was good for the company. Everyone sitted home and bought subscriptions to their services, and Netflix's stock doubled.
In fact, for the last 12 months, the price of NFLX shares has been in consolidation in the corridor of $475-575
Trading volumes are decreasing, which means that in the near future, the price will have a strong impulse.
There is a high probability that the momentum will be up , the price will break up and consolidate above $575 , and the next target from above will be $860 per NFLX share.
An alternative scenario is a fall in the NFLX price to the $275-325 zone. This scenario will activate when the price breaks and consolidates below $475 , and the first bell that it is worth refraining from longs will be the price approaching $500.
Netflix long and chill 🎞️🎥📈After a successful sell I covered in an earlier idea our strategy says its time for a buy on Netflix.
Trade details are shown on the chart.
We're only looking for TP3.
Trade history can be seen below this trade idea too for full transparency.
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The stats for this pair are shown below too.
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Netflix changing from Support-Resistance to up-trendHello everyone,
Netflix was for around six months in a support-resistance trend until it finally broke the resistance line to then go down again. this is an indicator that it will go into an up-trend now. the previous resistance level could then become the support level.
Of course, I'm not 100% sure that the resistance area will become the support area, but this is likely to happen.
I'm going to keep you up-to-date on Netflix stock, so you know what's happening.
my recommendations are, buy now and sell at the current resistance level. This way you're sure you won't make losses. But do know you should not just blindly follow me, you might have different ideas than me and that's totally fine.
As always: trade with care, don't just blindly follow me.
Have a nice day!
Netflix zones buying and selling.Netflix stock has been trading in a more predictable wave pattern then most tech stocks at the moment, not saying it is predictable at all but judging from support levels where buyers stepped in and sellers sold, you can make an informed decision on when is it optimal to add or shed your holdings. Most optimal buy zone is between 460-492. From 493-502 is the last avaiable zone for optimal buying with selling going from 524 and up while the zone in between 503-523 is when you should just hold the stock