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Netflixlong

NFLX: Potential New All Time Highs 1D (May 06)X Force Global Analysis: In this analysis, we explore the technicals of Netflix (NFLX), the world's leading internet entertainment service, and arguably one of the biggest beneficiaries of the Corona Virus (Covid-19). Analysis - First of all, unlike most other blue chip stocks, we see a steady uptrend - Counting Elliott Waves, we can count an Impulse Wave (12345) up, before a strong Corrective Wave count (ABC) - This correction was not only a technical correction, but also one caused by the massive fear in the market due to the Corona Virus (Covid-19) - After this correction, we can count Elliott Double Combo Waves (WXY) - Wave W consists of a smaller double combo wave, and we are currently seeing wave X play out - Within wave X, we can expect a corrective ABC wave, leading down to the trend line support marked by the dotted red line - To support this, we see a death cross that has formed on the Moving Average Convergence Divergence (MACD), forming bearish histograms - The Relative Strength Index (RSI) continues to create lower highs as well - However, as the trend strength and momentum remain solid, we can expect a further impulsive move after a potential correction, leading us to new all time high levels What We Believe Netflix has been strong despite the fear in the market. The bullish momentum and trend strength remains, as Netflix strives to create record highs. Trade Safe.
NASDAQ:NFLXLong
by XForceGlobal
#NFLX ANALYSIS.. BULLISH SIGNS.. I think there are positive signals in #NFLX.. In the medium term, we can see an upward trend in the stock.. #NFLX is priced above ma 50 on the 4-hour chart, which is pretty positive.. Also, the reference value of rsi 45 seems very important for price movements.. I think after a short retreat, the price will go up in the medium term and will test the critical pivot point in 520 usd level.. We will wait and see.. Disclaimer: Please do your own due diligence when it comes to trading.. Never put in money that you cannot afford to lose.. Invest at your own risk.. I wish you all the best..
NASDAQ:NFLXLong
by OguzhanSengor
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.
NASDAQ:NFLX
by Dinjin
NETFLIX FORMING CUP & HANDLE FORMATION Hello community and welcome, thanks for the feedback and the messages, I really do appreciate them every damn time ;-) Anyway, this is a short one on NETFLIX stock (nasdaq). As you guys can see VOLUME is decreasing, divergence is unfolding and this beauty is forming a CUP & HANDLE. For those who do not know what it is, I suggest to check it out on the internet or consider watching Videos/Charts I did about this formation. Basically netflix has got strong fundamentals, almost acts like a monopole in its market, RSI is showing a strong divergence, options market might catapult it to ALL TIME HIGHS! I expect the HANDLE soon, because the CUP has formed already, therefore a short term selloff to 320 might be possible, but any BUY IN in the ZONE might be a good trade for the longterm game. Quarterly sales report was very positive though, looking forward, we might see a bright future for this stock especially when we overcome corona virus in the future, which has lead the markets to dip hard. Recovery mode is activated already, so do not miss the train. Much love, see you in the next one, your quality trader
NASDAQ:NFLXLong
by GER-Quality-Trades
NETFLIX INC – Buyers and sellers at decision spot for continuatiWelcome to our Academy. We’re here to help you achieve what you have been looking for. Use our free analysis where you have everything you need for potencial trade ideas and profit. NETFLIX INC – Buyers and sellers at decision spot for continuation Trend: Strong Buy Support/Resistance: R3: 406.78 R2: 385.92 R1: 362.08 S1: 345.48 S2: 337.82 S3: 322.50 S4: 299.93 Price action: Netflix had already proved buyers trending and now is testing very first resistance area at 362.08 level. This level is important to us, because it will tell us how strong is bearish side. After breaking this level, price is headed to test second resistance at 385.92 level. This level might be very strong if buyers will not show strong bullish momentum between R1 and R2 levels. In case of strong momentum we can expect price to go even higher to 406.78 resistance level. On the other side, we recommend you to follow Bears behaviour. From this moment perspective we can say they are lack of momentum. In overall flow, we can say that good face off from Bears and Bulls is between R2 and R3 level. Potencial trade idea: Bulls targets: T1: 385.92 T2: 406.78 Bears targets: T1: 299.93 NOTE – We are trading NETFLIX INC via the preferred trading setups by EliteFxAcademy Disclaimer : Martin’s views on the Chart analysis is ment as a trading advice for education terms; Education terms include: trading consistency to everyone who is reading this blog; for every advance student and for every Elite student who is using this analysis for managing his equity by Elite strategy and custom indicator. This analysis is understandable and transparent for all Elite students. This is a free content which is based from Academy in term of transparency to support and following progress to everyone. We know that there is always possible way that market can pull you out even when you follow our analysis blog and advice for a trade. We don’t publish where you have to have your risk management – Stop Loss, because, it would not be fair to Elite members, who learned this techniques in our Elite course. Keywords: Elite strategy, Custom Indicator, Fundamental Analysis , Tehnical analysis, Price action, Advanced strategies, Trading Education Good trading! Elitefxacademy
NASDAQ:NFLXEducation
by EliteFxAcademy