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Netflixlong

NETFLIX WHERE IS THE BOTTOM?Netflix, Inc. provides entertainment services. It offers TV series, documentaries, feature films, and mobile games across various genres and languages. The company provides members the ability to receive streaming content through a host of internet-connected devices, including TVs, digital video players, television set-top boxes, and mobile devices. It also provides DVDs-by-mail membership services in the United States. The company has approximately 222 million paid members in 190 countries. Right now Netflix, it seems they reach a saturation of subscribers and even start to lose some. Quarter 1 report of Netflix came and they lose around 200.000 members worldwide. A worrying shift for a business which sustained growth never interrupted for over 10 years. This caused by new and strong competition along with the covid restrictions worldwide. I do not think, income will be problem for now since they cancel productions that seems redundant. They will cut costs. Also price may have found the bottom already. This week, investors seems to think this levels are good for buying. In the "weekly" chart, price hit the bottom of Bolinger Bands with the RSI below oversold area. MACD is in the deep negative zone with going deeper. If selling pressure stops for the next couple of weeks MACD line will probably cut the Signal line which means buy if we are still near bottom of Bolinger Band. Important support levels 190 is highly important as price seems to bottom there this week. 180 if 190 cant hold it. These levels can be considered as stop loss zones. Important resistance levels 203 210 221 240 262 These levels can be seen as take profit zones. Thanks. Follow for more charts and ideas.
NASDAQ:NFLX
by thegreatwall38
Netflix Analysts forget microeconomics principles... Hysteria??Netflix Q2 2022 Earnings Report: ir.netflix.net Key Takeaways of Netflix Earning Report > Lowest P/E ration in 10 years of operating. > Revenue is UP 2.06% from last quarter. > Revenue is UP 9.8% from Q2 of 2021 > Operating Margin of 25.1% is UP 19.1% from the last 4 Quarter average. > Diluted EPS of $3.53 is UP 25.6% from the last 4 Quarter average. > Global subscriptions is 6.7% UP from Q1 2021 > Cash Flow is strong. > Netflix Content is still Great. Streaming market share for total US TV time has risen 0.4% in a 10 month period. That is factoring all the new cheaper competitors entering the Market. > Net Margin has Been growing at a constant and rapid pace. With the Financials briefly covered above, here are some of the key thoughts to keep in mind. Why are financial "Analysts/reporters" trumpeting on about the around 2 million lost subscribers? The answer is that they have not read the Financials. Their understanding of the streaming market is limited to subscriber count as the sole Variable to take into account. This is the unfortunate result of an incentive, to hold one reason or aspect as the sole driver of the streaming business. >> The microeconomic 101 principle should have made it clear that as Netflix prices are raised there will be less demand. >> What is more important is that the FINANCIAL inflows, more than make up for the lost 2 million subscribers. The demand is Inelastic and therefore the price rise, was the right decision from a shareholder & business perspective. >>> I will be DCA into this oversold discount, increasing my Netflix position in my portfolio. With the long term in mind, that Netflix is a main pillar in the continuously growing streaming sector<<< Not financial advice, just an investor/trader's opinion. Who is looking for the best reward to risk In this turbulent market. Check out my AMD analysis if you liked this Idea:
NASDAQ:NFLXLong
by FortunaAlgoAnalytics
Netflix resistance and channelsI'm seeing a few things on Netflix here: 1) there is a long-term support trend currently sitting in the 330's going back to 2019 and 2020 lows 2) some resistance in the ~385 range and again at ~425 from 2019 highs. Now this is coinciding with the 50 day MA which is currently at 382. Closing above the 50 day on some strong volume would be a good sign for me. 3) the current uptrend is pretty steep, probably not sustainable unless we get a gap up on some news 4) I'd like to see it retake the upper channel in the 520 range 5) There will be a reckoning with 100 and 200 day MA on the way I'm long term bullish on the company but this chart isn't pretty right now. Watching to see if it breaks above 400 or retraces down to <340 again. I'm averaged in at 352. I'm not a professional trader, this is not investment advice, do your own due diligence.
NASDAQ:NFLXLong
by The_Last_Gentleman
2
NETFLIX STOCKNetflix's share of the weekly time has formed an overlapping pattern on the bottom of the channel, and now in daily time it is forming a pattern of head and shoulders on the floor, and if it can break the red line upwards and stabilize, it provides a long trading position. Before the formation of this pattern, we saw a chat and it is coming back. It seems that it is forming a tired chat, and since it is close to the next earning, it is possible to form an island chat and move to the roof of the canal. But the first target is $ 400. LT is If it was good and you liked it, like it so that we can make a profitable deal for you again
NASDAQ:NFLXLong
by shabanadvay1377