NFLX
NFlX short opportunity on daily#nflx we see it trading at 2.5 standard deviations from the quarterly vwap on the daily, with the most overbought it has ever been on the daily, furthermore it has formed a double top at all time high and bounced off from it. This breakout attempt did not follow up with the volume needed to be seen to move forward and shows candle exhaustion. Fair price is 530s. May try to fake out back over but not likely to hold. Not financial advice.
Trading Plan after the breakout on NETFLIXToday we will speak about NETFLIX. These are the main elements we can see on the chart:
a) The price has been inside a consolidation of around 420 days. Now we have observed the breakout
b) Based on that, we want to see a 7 days correction (at least), and if that happens, we will set pending orders on the new ATH and stop loss below the correction
c) The expected duration of this setup is between 150 and 200 days.
d) The risk we will take here is 1% of our capital on the stop loss.
e) We have seen in the past scenarios like these ones where we have an execution followed by a stop. If that's the case, we know we will set new orders in that case. In other words, we are planing a 2nd execution in case of failure in the first one.
Thanks for reading!
Linear or Non Linear methods that is the questions..!In a trading world where you compete against algorithms, the wise trader must update their knowledge to what computers (algorithms) use..!
I am confident computers do not use linear models, the question is how you can translate what you know into algorithms language!
The key to success is Mathematics..!
Netflix stock analysis. What to expect.Today I analyze NASDAQ:NFLX stock price movements.
Here I use my box strategy combined with Fib retracement.
NASDAQ:NFLX stock price is in a long-term rising trend channel.
However, it has been kept in a 465-575 range since June last year, hence the box formation.
There was an unseccessfull box breakout attempt in January 2021 where the price reversed to a long-term support level.
Shorter-term Fib retracement was drawn from the low on May 2021 bounce and up to this day.
Pivot points:
0.786 level acted as a solid support.
0.382 showed a proper resistence level.
0.236 level which matches supply level of the box at 575 was viciously broken.
Now I believe the price is overextended.
I expect it to return to the 0.236 level at the very least.
If overall market situation is stable when that happens, I believe the stock will continue to grow higher.
Trade wisely and good luck!
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Disclaimer!!!
This is not financial advise.
NFLXTrade Idea: 9/10 600C over 593
NFLX over 600 can cause a big breakout.
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NFLX weekly daily count Elliott wave in 1sOn weekly chart NFLX entered wave 5 as we can see. Target for wave 5 is 620 and 700 area. Let breakdown to daily chart
On daily chart price action look so bullish, look like we have a small degree maybe we will have some small correction than we can expecting continue trend
$AAPL $NFLX $HOOD $COIN I OptionsSwing WatchlistHOOD 2H I Has an average price target of $55. Watching for a bounce between $41-$43. With $40 being an optimal entry to go long in this fintech name.
COIN 4H I We traded COIN breakout above $275 last Friday. Unsual activity is betting on $280-$290 for 09/10. Watching COIN above $280 as BTC shows strength.
AAPL 1D I Just as expected, AAPL broke above $150 and our resistance near $152 last week. I would love to see a slight pullback before a continuation to $156 and $160!
NFLX 1D I The NFLX calls we highlighted last week on this watchlist gave 400%+ in returns! $590 is a key level to hold and it could see $600 and $610 next.
NFLX at Key psychological levelAs others may also concur, the markets are over extending gains and are due for a small correction. The s&p, nas are both showing divergences and are very far from the 50 period moving averages. Our other market indicators such as the VIX are responding well the support levels within their respective historical ranges. Taking a look at the dollar index we also find that we finished off the week at the bottom trend line of a daily bull flag pattern. I’m watching for a correction in the market and if this manifests I believe NFLX may reject the 600 level and drive itself back toward another physiological level such as 550 and maybe as far down as 500. Watch for multiple rejections and use confirmation such as bearish engulfing patterns for entries.
NFLX- Breakout
Hello,
I've been waiting for a NFLX breakout since we first entered the range in JULY 2020.
This week NFLX has made an all new high and looks to be closing above on the weekly above the range for the first time. If we can see a pullback to $560 and it is used as a support, I believe this will be an incredible buying opportunity.
Hopefully this will be during September.
NFLX: Upward range breakout.The range resistance level could be broken upwards with the minimum target level around 720.
NASDAQ100 cycle and Fake sense of wealth is now on borrowed timeNASDAQ100 cycle and Fake sense of wealth is now on borrowed time
NFLX Analysis showing possible drop.NASDAQ:NFLX is currently at level 2 rise. This is why I'll say this is a 5/10 risky trade. Now, its important that we understand this M formation could mean the retrace of level 2 rise. I'll explain you why I think NFLX will drop. First of, we can see in the 1h time-frame we are in level 2 rise. We already broke the level 1 high so Market Maker can now retrace. On the other hand, retail traders think the previous high or resistance has been broke, retested and confirmed, so it's happy days and they can go long now. The problem is they forgot to see both ADR-High taps, NY session Stop-Hunt rise and the clear M formation. Also, before I forget to mention this, 1d time-frame shows something similar to the 1h time-frame, in other words, 1d time-frame is in level 2 rise, and the TDI is showing an M formation, in other words, a hint of price retracing.
Talking about TP's, I'll set them here:
"Resistance"
1st TP (20% of position)
563.11
Unrecovered Vector
2nd TP (30% of position)
549.66
1h nPOC
3rd TP (30% of position)
536.61
Unrecovered Vector
4th TP (20% of position)
523.75
Happy trading!
Let's get into some stock trades #3- NetflixNetflix has been chopping for more than a year now and consolidating really hard, but with a clear emphasis on the upside. It's still showing signs of strength and could move much higher pretty soon given that it's been in this range for 14 months. Don't know much about the financials of Netflix but I do know it's growing and is one of those companies that has a huge brand and is like many other companies more of a network than a company.
The path I've drawn isn't the path I think it will follow, but the path that it might follow if it wants to create more pain for all those that are long right now.
NFLX ShortEntry price: 559-569$
Target price: 502-510$
Keltner Channel: the price crossed the upper boundary.
RSI: indicator crossed 70 level, the market is overbought. Therefore, the bearish movement might occur.
Conclusions: RSI and Keltner Channels suggest the trend retracement. The short position is recommended after the price rejects from the resistance level.
no financial advice
NFLX H16:PT BULLS 700USD BUY/HOLD(SL/TP)(STOCKS)(NEW)Why get subbed to me on Tradingview?
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NFLX H16:PT BULLS 700USD BUY/HOLD(SL/TP)(STOCKS)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: NFLX 16hour chart review and outlook
::: revised/updated oultook
::: final TP BULLS is 700 USD
::: 25%+ upside remains
::: going into JULY strong chart
::: July is a strong month for TECH
::: breaking out of range
::: updated/revised outlook
::: TP BULLS is 700 USD / up to 35% upside
::: BUY IT and get paid / accumulate
::: expecting break out this week
::: runaway BULLS gap as well
::: recommended strategy: BUY HOLD IT
::: and accumulate on DIPS
::: TP BULLS is 700 USD
::: BUY/HOLD swing trade setup
::: DO NOT expect overnight gains
::: This is stock market
:::Not casino in Macau
🔸 Supply/Demand Zones
. N/A
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
$NFLX - Weekly BreakoutNFLX, similarly to AMZN, likes to consolidate for long periods of time prior to large explosive moves.
If you're still risk on, keep Netflix on your radar. It's nearing a breakout on the weekly timeframe from a consolidation period just over a year in duration. Similar weekly breakouts of clean patterns would be ADBE and HD with their 1W Bull Flags leading to 33% and 21% gains on equity within the following 2 months AFTER breaking out.
As of right now there's UOA on $570 and $575 calls expiring next week.
This one is on high watch for me going into next week.
Warwick Gorman
OptionsSwing Analyst
$AFRM $NVDA $AAPL $NFLX I OptionsSwing WatchlistAFRM 1D I Just as expected AFRM broke from an inverse H&S and saw a 40%+ move last week after announcing a new partnership with Amazon on Friday.
NVDA 1D I We caught a near 10% move on NVDA last week after breaking out from ATH. Semiconductor stocks showed above average strength last week.
AAPL 1D I AAPL average price target is $165. After reporting earnings AAPL has been consolidating in a triangle. Waiting for a breakout above $150.
NFLX 1D I Last Friday we picked up some unusual activity betting on NFLX $565c 09/03. Setting alerts on a breakout above the $560-$561 price level.
NFLX: Triple Top Alert From the daily chart, looking at the ever strong Resistance of $557 Supply level that has been rejected more than 5 times since IPO, indicates that NFLX might be rejected once again. At 1HR chart, we can also see a triple top rejection at $556/$557 during the day. RSI is highly oversold. Expecting a downwards rejection on the strong resistance. However, if Nasdaq is performing well, this could be an opportunity of breaking out. Monitor closely on the next candle volume and price action. Nasdaq strong push is essential.
Potential Breakout in FANG Towards 8800Trend Analysis
The main view of this trade idea is on the 4-Hour Chart. The index FANG (FNG1!) has been in a rangebound price movement after hitting resistance around the 7400 price level in mid February 2021. FANG held support at 6050 and made a second attempt to break above 7400 in mid July. After that failure the index quickly found some support around 6800 and is heading towards that 7400 resistance level. Expectations are for a break higher in FANG, with that target being 8800.
Technical Indicators
FANG is currently above its short (25-MA), medium (75-MA) and long (200-MA) fractal moving averages. The RSI is above 50 with the KST in a positive zone. Also over multiple other timeframes, the technical indicators are signaling a buy.
Recommendation
The recommendation will be to go long at market. Stop loss will be set around the 6000 price level and a target of 8800. This produces a risk-reward ratio of 1.36.
Disclaimer
The views expressed are mine and do not represent the views of my employers and business partners. Persons acting on these recommendations are doing so at their own risk. These recommendations are not a solicitation to buy or to sell but are for purely discussion purposes. At the time publishing, I have a position in FNG1!.
$NFLX | WEEKLY WATCHLISTAnother frustrating stock since around Summer of 2020 with major consolidation. This is a sleeping giant, similar to what happened to $NVDA. Again, time is your friend here but I expect this wedge to break for upside continuation. My fractal path is outlined in light blue. Upside target is $600+.
