Netflixlong
Elliott Wave View: Further Downside in NetflixShort term Elliott Wave view suggests the rally to $299.5 in Netflix ($NFLX) ended wave 2. From there, the stock resumed lower and ended wave 3 at $252.03. Internal of wave 3 unfolded as a 5 waves impulse Elliott Wave structure. Down from $299.5, wave ((i)) ended at $287.45 and wave ((ii)) bounce ended at $293.81. The stock extends lower and ended wave ((iii)) at $261.89, wave ((iv)) bounce ended at $266.60, and wave ((v)) of 3 ended at $252.03.
Wave 4 bounce i still in progress. Near term, while bounce stays below 299.54 expect Netflix to extend lower. We don’t like buying the stock.
NETFLIX NFLX stock long bias from weekly demand imbalanceYou don't really need a university career on economics to learn how to trade stocks like Netflix NFLX, you don't need to buy dozen of books on trading strategies, economics and fundamental analysis on how well a certain company has performed in the last quarter or in the last year. You can learn how to trade stocks like Netflix NFLX by simply locating the imbalances created in the underlying stock.
Since you won't be needing any Phd on economics, learning how to trade stocks using the supply and demand imbalances by professional traders will make it easier for you if you are new to trading, trading stocks for dummies we could call it.
We have a clear example of a strong imbalance of demand on NetFlix NFLX american stock. This particular stock has been dropping for weeks since it reached the $370 per share price level. There were opportunities to sell NetFlix stock when it was up there but now that price has reached a very strong demand imbalance on the weekly timeframe around $256, if you every sold NetFlix up there or on the way down, it's time to close your trade and take profit because we are expecting price to rally much higher as a reaction to that strong demand level on NetFlix weekly imbalance.
Let's hope price rallies much higher on NetFlix, similar imbalances have been created on many other american stocks. NetFlix forecast together with other american stocks are bullish and are creating very strong demand levels and even breaking all time highs over and over.
Netflix small breakout before continuationWatching this falling wedge for a small move to the 61.8% fib target. It's a counter-trend trade so it's tricky.
I'm taking my profits fast and will look for a longterm short after. Will only use a stop buy order to get myself in the trade, else will skip it.
Elliott Wave View: Netflix Structure Looking Further DownsideElliott Wave structure in Netflix shows an incomplete bearish sequence suggesting the stock should continue to see selling pressure. On the chart below, the rally to 316.59 ended wave 2. The stock has extended lower in wave 3 with the internal unfolding as 5 waves impulse Elliott Wave structure. Down from 316.59, wave ((i)) ended at 288 and wave ((ii)) ended at 311.75.
Wave ((i)) subdivided in another impulse structure of lesser degree. Wave (i) ended at 305.68 and wave (ii) ended at 316.43. Stock resumed lower and ended wave (iii) at 292.65, wave (iv) ended at 301.73 and wave (v) of ((i)) completed at 288. The internal of wave ((ii)) correction subdivided as a zigzag. Wave (a) ended at 303.55, wave (b) ended at 295.76, and wave (c) of ((ii)) ended at 311.75.
Wave ((iii)) is currently in progress and the internal subdivides as a 5 waves impulse of lesser degree. Down from 311.75, wave (i) ended at 293.15. Expect wave (ii) bounce to hold below 311.75, and more importantly below 316.59 for further downside. We don’t like buying the stock. As far as pivot at 316.59 high stays intact, the stock should resume lower. The bearish view will get further validation if the stock is able to break below August 15 low (288).
mass sales of cue ball? mass sales of cue ball?I think that Netflix’s statement about filming such a film is a continuation of the market, a massive advertisement for the entire crypto
Netflix makes a new documentary about altcoins.
In film:
Vitalik Buterin (founder of Ethereum)
Jihan Wu (Founder Bitmain)
Justin San (founder of Tron)
Yee He (Founder Binance)
Charles Hoskinson (founder of Cardano)
Sunny Lou (founder of VeChain)
Jun Hasegawa (founder of OmiseGo)
Da Hongfei (Neo Founder)
Roger Wer (Founder of bitcoin cash)
Grecone, Plasma, Decentraland, Ripio and Melonport.
This documentary is an absolute turning point for bitcoins and other cryptocurrencies. He received free publicity for the entire market.
Still have to learn about the world of cryptocurrency. Many people find it too difficult to learn. This documentary will be an ideal way to familiarize the public with cryptocurrencies. It is inevitable that millions of people watched it.
$NFLX. $600 per stock is the real.I like this movie company, best movies here, btw did you see the very well filmed "Murder Mystery"? Adam Sandler, Jennifer Aniston and NetFlix, thank to you! I recommend you to see this movie. As well, Irishman 2019 (Martin Scorsese) is coming this year... Oh I feel that NFLX will be the biggest movie company within 5 years. I'm very bullish.
Time frame: 1 Month
Resistance:
~ Upper bound of the channel
~ $400
Support:
~ Lower bound of the channel
~ EMA support lines
Enter/Buy: every time when the price touches the lower bound of the channel. (~ $310 nice price for this summer)
Stop Loss ~ $270
TP long ~ $600 or higher
TP short ~ everytime when the price trades above the upper bound of the channel.
I have the subreddit with the same name, if you wanna ask me or community, feel free to do that. Hit like, comment and follow for more profitable ideas.
Netflix ATH continuation idea based on mid 2017 Bitcoin fractalEven though being very sympathetic to the general idea of the worlds markets crash coming soon, i think one should not underestimate how; if we continue to have enormous increase in the supply of money and keep having rising prices; there is literally no reason for stocks to start falling. Just like gold, baseball cards, old computer games and records. Prices will keep rising. Money is made to be spent.
Everythings running on credit and big companies like Amazon, Google, Netflix, AMD are usually in very good positions to preserve status for at least quite a while. I suspect if major markets agree to move up Netflix will definitely follow the trend.
I think we will see higher stock prices soon, even if we have a little shakeout before that.
What do you think?
NETFLIX ANALYSISBest way to trade Netflix
is to wait.
1. Wait for it to break $387
to buy
2. wait for around $341 to sell.
$NLFX Netflix buy?Found many times support on the 0.618 fib
Could go and test the 0.786 around $380
Little chance for a dip to around $360 to retest trend line and 50ma
Would only buy more then :)
NFLX HAS NO MORE VOLUME TO CONTINUE UP - 310 TARGET NEXTVolume is getting lower and lower. 5 waves within the C is finished and we have a 1:1 extension of A-B. That means we are nearing us a end of the little long run we had.
My target for this mini short is 310
Keeping a SL at 358,5 would be the best, as there is a slight chance of a 1.272 extension.
After that we should see a drop to the above target.
A LOOK AT WHY NETFLIX IS GOING TO HIT 162 USD Since we already had a ABC downtrending. We got our corrective wave up hitting near the 0.618-0.65 extension. (350-355)
I expected that we would encounter some sort of resistance there as corrective waves usually end there.
By doing a simple RSI 4H analysis, we can see that we have a bearish resistance at the top of the RSI, which suggest we should expect a downward movement. We should see the RSI hitting the bullish divergence, marked as a blue line.
We can also see that MACD has been losing volume over time, and that the first candle started appearing for a bearish outcome.
I expect that we should see a 162 USD Netflix price very soon.
Netflix Stock Analysis:Bulls Cannot be Stopped...Netflix’s stock analysis for today is examined using a 6 hour timeframe. Attention is paid in particular ~6 months of market action from a high of $419.75 July 18, 2018 to current date.
Retracement in the bullish trend from $419.75 up to ~$232.19 saw the price of Netflix break below not only its long term bullish trendline, but also below the bearish channel as indicated on the chart...both of which indicate further downside potential.
Price between $249.18 and $227.87 where a rising window does exist however did provide a floor for the price of Netflix which was followed by the current bullish swing.
Termination of bearish momentum and also recovery of price above its major trendline and also breaking above the upper boundary of the bearish channel currently both imply higher prices with the minimum price expectation for Netflix being the high made on July 18, 2018 of ~$419.75.
A pull back in price to either the upper boundary of the Bearish channel or a retest of the bullish trendline is plausible after which prices should continue higher.
Netflix BUY BUY BUY In this chart we are looking at Netflix on the daily timeframe, you can see that although price is in a downtrend it is also coming down and testing some very strong support, the price has tested and bounced off this support before ( purple circles )
Price is also nearly at the tip of a wedge formation, a breakout of this wedge in a bullish way will see price take off.
Netflix are also due to release Q4 earnings on 17.01.19 after reading positive reports on Netflix IR we are expecting bullish movement.
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NETFLIX IS FINALLY DONENetflix just completed the whole ABC correction
The 5th just hit the low at 249 USD, and now we will be looking for our target at:
386 USD, where the B is.
NFLX - Weekly and dailyThe weekly shows a potential P5, which indicates a possible turn of the mid-term trend.
And here's a closer look on the daily I stalk for a bigger move to the upside, based on the weekly:
Also, watch that there's a Sine-Wave.
The center of this Sine-Wave (P2) is often a good target besides the Centerline of the Pitchfork.
P!
NFLX - Netflix stretchedBesides many indications I have not drawn in, I see that price is stretched like CL (see link).
Here at the WL (Warning Line) the air is very thin to dive deeper. I think the crew first needs a breather and grab some air.
Therefore I see a high potential for a turn. Even a spurt up to the L-MLH would not surprise me.
P!
Netflix: bottom reachedNetflix shares remain in place after testing the fibonacci EMA support levels!
Netflix Time Anomaly is working hardAs you can see the MACd is brutal up paralel with two lines. it is uptrend. Yesterday I made a videoconferency with hungarian guests. If you like it I found out Time anomaly. So it is working. 5% . support and resistance also work in this chart.
NETFLIX... Support found!Using 4H candles, I observe a support found. If it is crossed, I have shown where is the next support.
If this is an inflection point, next resistance is indicated too.
I will be updating this chart.
NFLX Looking for a dip to go LongAscending triangle, support buying up the dips, and the overall strength of NFLX lead us to believe there's more room for price appreciation, back up towards the ATH.
The last 2 buy signals were given over a month ago, but we are still in that same range. In a case like this where you know current range is a decent time to enter, but perhaps there's no signal on the Daily chart. We suggest going down to a 4H or 2H chart to get the best localized entry. I will post below a chart of this past few months range on the 4HR timeframe to show you.
As you can see on the 4HR the indicator picked the dip that happened mid-August for entry.
With a weak top signal formed on the daily, we can expect to see a nice area to go long soon (within the next 7-10 days).
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