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NFLX

Long Term investment on Netflix NFLX- Weekly chart - has broken long term rectangular which started June 2018 - made back test at $424 and got strong support - price is bullish on 10 EMA + 40 EMA - MACD is bullish - long term investment with expected ROI %20 in 6 months What do you think ? Please read this first ! This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading. Regards
NASDAQ:NFLXLong
by karati
$SPOT Trend ContinuationI am always hesitant to post on things I am in love with -AMZN MSFT NVDA AMD CRWD OKTA, etc; I have really nothing to offer but bullishness! Only when a setup on these is strong enough do I actually post (AMD for example, didn't post AMZN - seems like everyone on TV was already). Generally I am always in a rush to share something that I don't have a bias on as I will provide a more neutral view; likewise, I love to post short positions on stocks I love as it works as an effective hedge & goes against my bias which I see as healthy (AAPL TSLA posts for example). $SPOT is one of my rare long-but-I-dont-like-the-company posts. In other words, I don't like SPOT - I don't use it, and previously I HATED their business model. Previously, that is. The music business is not as profitable as they would like it to be, and so they diversify to podcasts. This I like. The difference here is that with podcasts they are licensing the IP with direct deals to podcasters. This is somewhat akin to $SPOT's strategy in music that really didn't work (IMO). Their strategy was to provide a ML music discovery platform so that individual artists can scale up on their platform (rather than the big labels so they can cut the middle man out). This didn't work however - for whatever reason they can't get away from licensing the big artists from the big labels that want big $$ for those rights. Compare this now to signing Joe Rogan & Michelle Obama to $NFLX style deals; yes, I am saying that $SPOT has changed their business model away from attempting some kind of grassroots move away from music labels to PUMPING capital into podcasts with a $NFLX "license-the-content-to-get-the-users" style. Take out debt for free, spend the cash on acquiring valuable IP, and milk that IP with customer acquisition and ad sales over the life of it. It works. Ok - so none of this is technical and thus really not actionable for me. Perhaps some fun info for those to disagree with me on - I love a good disagreement! The technicals, however, look fantastic here. You have a rounding bottom pullback, daily squeeze momentum turning up & entering a strong squeeze, and strong channel support. I am looking to go long $SPOT and would love to add more if I can get a dip below $260. I managed to enter this over the week and believe this pattern will complete over the month and bring $SPOT back above $300. Here's a view of the 30min - lines are clearer:
NYSE:SPOTLong
by UnknownUnicorn7308096