Get started

NFLX

AMZN 3120: Long into Earnings (NFLX replay) Target 3500Bulls may finally be rewarded on Feb 4, if the market holds. AMZN has a very similar setup to NFLX, consolidated in a long triangle for months waiting for direction. 3100 is strong support, PCS 3100/3050 would be one way of participating in the earning move. Or 3100/3090 whatever the risk tolerance is. Upside butterfly of 3300/3400/3500 also a good lotto. Nothing is guaranteed though. Incrementally, AMZN is likely to see better comp than NFLX as all the small retailers have been wiped out and its cloud business is likely doing good in this anything digital conversion. My other meg cap favor is GOOGL, youtube is killing it. Good luck and mind your risk! Obviously, I am just a newbie talking loud myself and it is not any sort of advice as with all my charts.
NASDAQ:AMZNLong
by Jonas99
4
$NFLX 500: Exploded to 565; Could AMZN follow the same path? Having missed the explosive earning move, I want to reflect if the chart had provided us with some clues but I missed. Yes. The clues are: 1. A long rectangle box since July as the stock was being accumulated? The longer the rectangle, the larger the move, once breaking out the box. 2. A 3D Squeeze was fired and served as the launchpad for the explosive move post earnings (500 to 565) or 2X expected move. 3. STOCH/RSI is not overbought and somewhat in favor of buys. Fundamentally, NFLX is benefiting from its pricing power as well as the Covid factor. There would be happy co-exist among the streamers still. The message here is to pay CLOSE attention to stocks with long accumulation patterns and coupled with a squeeze (esp. the 3D). AMZN is in a similar TA pattern so will pay close attention before earnings on Feb4.
NASDAQ:NFLXLong
by Jonas99
2
Buy Netflix ahead of earnings tonightNetflix looks good for a buy in this accumulation pattern ahead of its earnings tonight. Accumulation periods are where price trades sideways as big institutions look to gather up shares whilst aiming not to move price too much before the explosion comes. I think thats what we have been witnessing in Netflix over the past number of weeks. I'm not an expect in fundamentals, TA is my thing, but I think Netflix is a great buy in the middle of a pandemic while everyone is watching it in winter months. Personally I think the content of Netflix has just got better and better. Subscription fees are incredibly low and there is still room for further big earnings per share from Netflix over the coming years. I wouldn't be surprised to see a big spike up tonight to surpass all time highs. Stop loss at the low of the flag in case we have some bearish news
NASDAQ:NFLXLong
by breakoutfakeout
7
NFLX Daily with 4 MA's and MACDI spent a few hours on this chart. Not because it was so confusing, but because my newborn son kept distracting me. So I was determined to get this done. Then the more I looked at it, the more I started to like it. Here is what I am watching: 1) Target price of $530-$575 if it can hold the bottom trendline 2) The biggest concern right now is the moving averages appear to be flipping down. At the ellipse the EMA 15 30 and 50 have all come together. 3) What will this sector as a whole do this coming week? 4) $575 top resistance. I doubt I enter Tuesday, but this is now on my watchlist for the next few weeks. I am still deciding. Trade your plan! ONE FINAL THING. I know I haven't interacted with many on here, but I am a big fan of moving averages. And I especially love them when they line up perfectly on trend lines like the bottom. 200MA is always a good place to start. $NFLX
NASDAQ:NFLX
by BradWeber82
THE WEEK AHEAD: HAL, NFLX, AA, UAL EARNINGS; EWZ, XLE, SLV, IWMHIGHLY LIQUID OPTIONS SINGLE NAME EARNINGS (LISTED CHRONOLOGICALLY IN ORDER OF ANNOUNCEMENT AND SCREENED FOR >50% 30-DAY IMPLIED): HAL (13/61/13.9%),* Tuesday, before market open NFLX (25/50/11.3%), Tuesday, after market close AA (18/69/15.9%), Wednesday, after market close UAL (13/64/14.8%), Wednesday, after market close From a bang for your buck perspective: AA ranks first, UAL, second, followed by NFLX, and HAL. I already have a covered strangle on in UAL and don't anticipate putting on more single name risk in the IRA (which is my primary focus running into retirement), but will naturally post a play should I get into one. EXCHANGE-TRADED FUNDS WITH >35% 30-DAY AND RANKED BY THE PERCENTAGE THE FEBRUARY AT-THE-MONEY SHORT STRADDLE IS PAYING AS A FUNCTION OF STOCK PRICE: EWZ (18/45/10.3%) XLE (23/42/9.7%) SLV (25/42/9.4%) GDX (12/38/9.2%) XBI (18/37/8.7%) KRE (16/36/8.7%) EWW (15/36/7.5%) I'm already in everything here but for KRE and EWW (the lowest bangs for your buck on the list) and the February monthly is a bit short in duration here for me (34 days) and March a tad long (62 days), so I may not do much this week in these, although going out to March with another rung in my GDX, SLV, and XBI positions isn't out of the question. BROAD MARKET RANKED BY 30-DAY IMPLIED: IWM (24/32/6.8%) QQQ (22/30/6.4%) SPY (16/24/4.8%) DIA (13/23/4.6%) EFA (14/20/3.8%) In spite of the fact that IWM and/or RUT have the higher 30-day, I may look at adding a July (181 days) rung to the SPY short put ladder I have on in the IRA, targeting the strike paying at least 1% of the strike price in credit (which would currently be something like the 240), and do the kind of "opportunistic rolling" I've been doing with shorter duration rungs. (See Post Below). Although most frown upon going out this far in time, it's a way to deploy otherwise underutilized buying power that will earn something >0% while I work shorter duration setups or wait for a higher implied volatility environment and/or greater weakness. Additionally, my goals for the IRA are somewhat modest from a return on capital standpoint: I'm not looking to hit homers or be an incredibly attentive investor, opting for a once a week or even a once a month schedule of looking at things, making adjustments as appropriate, and/or taking off stuff approaching worthless that doesn't merit hanging onto due to the amount of time left in the contract. * -- The first metric is the implied volatility rank or percentile (i.e., where the 30-day is relative to where it's been over the last 52 weeks); the second, thirty day implied; and the third, the percentage the at-the-money short straddle in the February monthly is paying as a function of stock price.
NYSE:HAL
by NaughtyPines
Trimming NFLX here #stocksAlong with others in big tech like amzn, adbe, msft, and facebook, netflix has lagged the sp500 since May. The divergence has widened in the recent weeks enough to make me cut my position in half. We are still above the yearly moving average and above the range (rectangle) lows but most of the gains from the position put on in late November have evaporated and I don't want to see this position turn into a loser. Not sure what the reason for the divergence from the overall market is (maybe its yields- higher rates could lead to lower p/e ratios, maybe its competition) but price is telling me the only story that matters.
NASDAQ:NFLX
by IngenuityTrading
NFLX price would rise again!Hi every one NETFLIX INC because of the pandemic Netflix stocks has increase greatly and it seems that this trend would still continue! so you can see a symmetrical triangle which means (AB=BC) and the trend is upwards so the price will increase accordingly! Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!! Thank you for seeing idea . Have a nice day and Good luck.
NASDAQ:NFLX
by CobraVanguard
11
NETFLIX ASCENDING CHANNEL BREAKOUTNetflix losing strength as we can see from this ascending channel breakout and struggling to reach a new all time high. Levels to watch after the breakout of the channel, if the stock can trade above its 21 days MA average it'll have to penetrate the ascending channel and will probably trend higher and higher. If it doesn't and breaks below the 50 or 100 days SMAs then the next levels to watch are 475.72 (200SMA) and 463.31(the lowest level of the ascending channel).
NASDAQ:NFLX
by ALG18