NETFLIX DROP EMINENTPrice of Netflix has reached the top in MACD , I expect the price to fall and reach 252$ mark soon.
Low volume is indicated so it is most likely to fall.
Go for short after break out.
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Netflixshort
REBOUND TOWARDS $266.7Hello traders, I beleive that NETFLIX is currently pushing up to its last resistance before continuing to drop. After the resistance, my target is $80$
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.
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NETFLIX NFLX Stock Is SHORT This Week!After the big fall that the stock has made recently after subscriptions raised rates of Netflix services + the new term that Netflix has revealed of having 1 account per user which in other words means that he would no longer be able to share his password with anyone else and has to pay for the service to consume the service that Netflix produces, in confluence with Netflix withdrawal of Russia after the Ukrainian-Russian war, which made the company lose more than 700K users at once. All of these signs are still impacting the stock and will for few weeks if not months still, that's why the price will surely reach the lowest selected zone of the chart if not even break and fall even more.
I'm Short on Netflix NASDAQ:NFLX !!
NFLX Is Going Down Even More!Netflix Stock NASDAQ:NFLX is going down even more as it's even more fundamentally supported by the fact that the company is still struggling with its subscription raised rates and 1 account per user term and rule too.
NETFLIX HAS LOST OVER 65% IT'S VALUE AND AT FIB73.6In October last year, Netflix's market capitalization was $310bn as of market close the past Friday; it's just over $99bn. Year to date, Netflix shares are down almost 65%.
For context, if you bought $1,000 worth of Netflix shares at the start of 2022, those shares will be worth about $360 today. Netflix is the worst-performing S&P 500 stock to date.
From the technical analysis NETFLIX has retraced (LOST) over 65% of it's all time high and currently STRUGGLING with FIB76.8.
At these point, the questions are
1. What fundamentals is going to turn the table around?
2. What will NETFLIX team and stakeholders do to change the trend?
3. Will NETFLIX ever take back its percentage of the streaming market share?
KINDLY: like, share your thought and FOLLOW.
Netflex Montly view. Here we can see Netflix is regularly LL even in monthly TF its very low.
As we can see In in June 2011 to Dec 2011 Market crash 70 to 80% then its conver now we are expecting the same sitautuion near its 0.786%% retracement level and total fall of 74% we will see Netflix at 1000$ in comming 2 to 5 years.
Was the NFLX sell-off predictable???Of course it was! You could have sold the head and shoulders bearish chart pattern back in November, before Jim Cramer said NFLX is a buy! :)
My forecast is that NFLX will make a small bounce before going even lower, at a buy area of $175 - 190.
Looking forward to read your opinion about it.
Netflix Potential Double BottomHey there as you know netflix bloody novadays, especially elon musk talk about this company. In technicaly we see double bottom here confirmation is 362 if we retest again 362$ its safe to bought this stocks.
SELL NETFLIX TODAYGOOD EVENING,
1)we are below the VWAP .👌
2)the inverted order and strong condensation of the 4EMA.👇
3)bear divergence confirmed by STOCHASTIC .💪
4)protected by the last resistance. 💪
all these indicators say sell in a loud voice.
so sell and open your wallets.🤑
GOOD LUCK.❤️
NETFLIX NETFLIX STOCK
My future view is that it will go down I recommend selling from the entry area and not buying above it because I have traveled through time and heard that it has gone down
$NFLX - READY FOR NEW LOWSNetflix is a powerhouse. However, this name is an extremely bearish descending triangle.
Note the lowers highs but even lows. This should dive to the downside once it breaks the bottom end of this pattern.
Relatively straightforward short opportunity here.
Netflix in More Trouble? Netflix - Short Term - We look to Sell at 358.64 (stop at 378.80)
Preferred trade is to sell into rallies. Previous support, now becomes resistance at 360.00. The primary trend remains bearish. The bias is still for lower levels and we look for any gains to be limited.
Our profit targets will be 291.27 and 281.07
Resistance: 360.00 / 400.00 / 450.00
Support: 300.00 / 290.00 / 250.00
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 Puts. NFLX Bearish and Short.Purchased Puts in Netflix (NFLX) at stock price of $382.50 (solid yellow line marks purchase point). Bought to open (BTO)
Strike: 310
Expiration: 20 May 2022
Potential seen for stock price drop to $355 range.
NETFLIX CRASH 2022Hi there,
Netflix has seen CRASH and it bounce back but lost momentum. As you can see on the CHART.
NETFLIX may go to MAJOR SUPPORT LEVEL DOWN DOWN DOWN
Kind regards
Netflix Parabolic ArcNetflix parabolic arc retracement, Parabolic Arc patterns return to at least 50-62% of Prior rise in correction mode
A Close below 510 will bring the targets of 435//363/272
Targeting the .486 fib below this the .618 fib.
Netflix has had a few years of spectacular growth and has been the clear winner in the streaming wars for many years. The competition is hotting up and many users may drop off or move to other platforms, netflix just raised their prices in the US which i believe will hurt subscriber numbers over time.
Netflix Wycoff Distribution I believe many of the large cap stocks in the market are going through large distributions. This is my take on Netflix ($NFLX) using Wycoff Method and his Distribution Schematics. There could be signs of recovery, but unless they have intense volume they will likely be Bull Traps. If the upward movement is on relatively low volume that is a sign of continuation to the downside finishing with Phase E .
NFLX Netflix SelloffIf you haven`t shorted the top at my last call:
then you can see NFLX reached a strong support area and it`s now consolidating.
In 2021 insiders sold around $500Mil worth of shares.
The buy opportunity area is $350 - $385 in my opinion if you want to long it once again.
Looking forward to read your opinion about it.
Netflix: Double top pattern completeNetflix - Intraday - We look to Sell at 642 (stop at 665.4)
Selling pressure dominated price action yesterday and we expect this to continue today. Posted a Double Top formation. The continuation lower in prices through support has been impressive with strong momentum and shows no signs of slowing. As this corrective sequence continues we look to set shorts on a rally at better risk/reward levels. Although we remain bullish overall, a correction is possible with plenty of room to move lower without impacting the trend higher. The formation has a measured move target of 583.5.
Our profit targets will be 583.5 and 563.5
Resistance: 642 / 658 / 700
Support: 617 / 600 / 563
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 toa 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 - SELL strategyI love watching Netflix.
The share price has declined, and in fact we are negative on MA-10 vs. MA-30. Further, we are inside the open cloud, and below a trend line of the cloud at $ 657. Even though, we may be slightly oversold I feel that we should SELL into rally below $ 650 when seen. The stop should be placed above $ 675 to be on safe side, and the profit objective somewhere $ 590
NFLX Netflix Head and Shoulders Chart PatternIs NFLX Netflix heading for a Head and Shoulders Bearish formation Chart Pattern?
My price target is the 628usd resistance.
I look forward to read your opinion about the price movement.
