Another good RSI divergence on NFLX!Hello traders! NFLX just hit its support around the 497! The stock is giving some signs of life, and we have a quite nice divergence on the RSI.
The stock will potentially reverse and seek the gap at 549, and we have a good risk-reward ratio.
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See you soon,
Melissa.
NFLX
Amazon(AMZN), AAPL, NFLX, TSLA, GME, XAUUSD, USOIL - May 4Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also click "Like".
Have a good day.
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(AMZN 1M chart)
(1W chart)
(1D chart)
We have to see if we can get support and climb at 3379.09.
If it falls at 3176.40, you need a Stop Loss to preserve your profit or loss.
In particular, if it falls, we need to see if it can gain support and rise in the boxed section of 3008.91-3294.62.
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(AAPL 1D chart)
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(NFLX 1D chart)
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(TSLA 1W chart)
(1D chart)
We need to see if we can get support from 683.20-713.03 and get off the downtrend line.
If it falls, we need to see if it can rise along the uptrend line (1).
-----------------------------------------
(GME 1D chart)
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(XAUUSD 1D chart)
We must see if we can ascend above the 1794.981 point.
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(USOIL 1D chart)
You should watch for any movement that deviates from 60.25-66.26.
-------------------------------------------------- -------------------------------------------
** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Hence, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator published by oh92. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Market price at the time of opening
(Example) Gap (G1-G2)
Amazon (AMZN), NFLX, TSLA, XAUUSD, USOIL - April 27Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also click "Like".
Have a good day.
----------------------------------
(AMZN 1D chart)
We should watch for any movement that deviates from 3379.09-3548.97.
If it falls, you need to make sure you get support in the 3294.62-3333.0 range.
If you move down at 3294.62, you need a short stop loss.
It is expected to create a new wave as it deviates from the large box section, 3008.91-3294.62.
-----------------------------------
(NFLX 1D chart)
We must see if we can ascend above the 511.29 point.
If it falls, you need to make sure you get support at 489.91-500.03.
If it is supported in the important support zone, 463.89-500.03, it is expected to continue the upward trend.
----------------------------------
(TSLA 1D chart)
We have to see if we can ascend above the 742.03 point.
If it falls, you need to make sure you get support from 683.20-713.03.
If it falls below the uptrend line (1), a Stop Loss is required to preserve profit and loss.
However, there is a high possibility of climbing after receiving support in the 355.14-444.61 section, which is a strong support section, so countermeasures are needed.
-----------------------------------
(XAUUSD 1D chart)
You should watch for any movement that deviates from 1727.175-1794.981.
In particular, we have to watch for movements that deviate from the downtrend line.
-------------------------------------
(USOIL 1D chart)
You should watch for any movement that deviates from 55.26-66.26.
In particular, it remains to be seen if it can fall below the 60.25 point.
-------------------------------
(AAPL 1D chart)
-----------------------------------
(GME 1D chart)
-------------------------------------------------- -------------------------------------------
** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
NFLX D1:PT BEARS 320/340USD SHORT IT(SL/TP)(STOCKS)Why get subbed to me on Tradingview?
-TOP author on TradingView
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering FX/crypto/US stocks
-24/7 uptime so constant updates
NFLX D1:PT BEARS 320/340USD SHORT IT(SL/TP)(STOCKS)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: NFLX daily chart review and outlook
::: updated/revised outlook
::: nice gap down on ER miss
::: setup still valid
::: maxed out already
::: Currently in distribution stage
::: SHORT IT and get paid
::: expecting break down this week
::: runaway BEAR gap as well
::: recommended strategy: SHORT IT
::: TP BEARS is 300/320 USD 40% gains
::: SHORT/HOLD setup
::: DO NOT expect overnight gains
::: This is stock market
:::Not casino in Macau
🔸 Supply/Demand Zones
. N/A
🔸 Why should I follow your setups?
:::Check track record it's all been posted
::: MRNA 200%+ gains, NVAX 300% gains, REG 60%
::: AMD 40% gains and a lot more in 2020
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.
FAANG's look weak recently. Netflix looks like best buy to me.Taking a look at FAANG's because it's something I should probably do more.
I can't make a post showing 6 charts, so I just picked the one I thought was the most interesting.
----
Netflix got crushed pre earnings, and earnings were favorable (future is up?). I'm looking backwards at the repeating patterns, and everything points to me like it's a good buy following every down period.
I can buy like 5 or 6 shares so I might just do that, but I'd really like to see a green candle.
Netflix Stock of the Week Netflix look very well before she continue her way to break 570$ resistance .
We can see nice support from the ema's especially ema 200 , this is the first time after march 2020 that we see ema 200 support .
Ema 20 & 50 pushing higher and become bullish
We may can see a small pullback before Netflix breakout
Rsi and W%r looks good with positive levels .
Obv is very high and could help if Netflix will go up .
Entry point : 540$-520$
Targets :
T1-580$
T2 -600$
* There is no buy / sell recommendation in the aforesaid ,
NFLX consolidation break-out on earningsAfter 9 months of consolidation and going pretty much no where, NFLX looks primed to pop. With earnings around the corner and whisper numbers indicating EPS of $3.04 beating the expected $2.97 it provides the potential catalyst that could cause a break-out. It has severely underperformed its peers; using the XLC as a proxy for it's peer group and DIS as a direct example you can see that Netflix has really not done much during this long resting period. Needless to say I think it is well-rested and ready for the next leg higher. Go long NFLX into earnings. They have proved that they have pricing power and the ability to produce content that keeps current users and draws new ones. NFLX's P/E is at a 6 year low.
Tech Stocks & General Market Weekly BreakdownHey guys, in this video we're gonna break down the bigger timeframe where I'm going to skim through a lot of tech stocks on my S&P500 ticker list.
Going through:
AMZN
ABNB
ADBE
ARKK
BABA
FB
FVRR
DASH
GOOGL
LMND
NFLX
MSFT
PYPL
PLTR
UBER
LYFT
among others. You can let me know what you're watching or post your questions underneath.
NFLX D1:PT BEARS 320/340USD SHORT IT(SL/TP)(STOCKS)Why get subbed to me on Tradingview?
-TOP author on TradingView
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering FX/crypto/US stocks
-24/7 uptime so constant updates
NFLX D1:PT BEARS 320/340USD SHORT IT(SL/TP)(STOCKS)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: NFLX daily chart review and outlook
::: updated/revised outlook
::: setup still valid
::: maxed out already
::: Currently in distribution stage
::: SHORT IT and get paid
::: expecting break down this week
::: runaway BEAR gap as well
::: recommended strategy: SHORT IT
::: TP BEARS is 300/320 USD 40% gains
::: SHORT/HOLD setup
::: DO NOT expect overnight gains
::: This is stock market
:::Not casino in Macau
🔸 Supply/Demand Zones
. N/A
🔸 Why should I follow your setups?
:::Check track record it's all been posted
::: MRNA 200%+ gains, NVAX 300% gains, REG 60%
::: AMD 40% gains and a lot more in 2020
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.
NETFLIX and CHILL into EarningsThe TOSOPTION algorithm continues to sell short NFLX; however, momentum has decreased in acceleration and could reverse net positive. Last week NFLX over the weekend strategy TGIF was a success and we expect the same trade to generate another winner which will be 2/2. On Thursday March 25, NFLX gap at 498 was the last gap to fill and now the only remaining gaps within the NFLX price structure is located at 520 and 540. Last week's TGIF closed at 542.76 which as the intraday high for the week. We expect 542.76 to be taken out March 29 and follow thru into April 1.