Netflix Ventures into Video Game Streaming: A Game-Changer in th
Introduction:
We are calling all savvy traders! Brace yourselves for a groundbreaking announcement that has the potential to reshape the entertainment industry as we know it. Netflix, the streaming giant that has revolutionized the way we consume movies and TV shows, is now stepping into the realm of video game streaming. This exciting move will diversify Netflix's offerings and open up a world of opportunities for the company and its loyal subscribers.
The Game-Changing Leap:
Netflix's decision to enter the video game streaming market signifies a strategic shift that promises to captivate gamers and entertainment enthusiasts. With a vast user base of over 200 million subscribers worldwide, the platform's foray into gaming is poised to disrupt the industry and create a new era of immersive entertainment experiences.
Why This Matters:
By expanding its services to include video game streaming, Netflix is tapping into a multi-billion-dollar market, further solidifying its dominant force in the entertainment industry. This move diversifies their revenue streams and enhances their competitive edge, enticing new subscribers and keeping existing ones engaged for extended periods.
The Netflix Advantage:
What sets Netflix apart from traditional gaming platforms is its ability to leverage its vast content library and recommendation algorithms to curate personalized gaming experiences. Imagine a world where Netflix recommends movies and TV shows and suggests video games tailored to your preferences. This integration of gaming into their existing ecosystem creates a seamless and immersive user experience, making Netflix an all-in-one entertainment hub.
The Call-to-Action:
As traders, it's crucial to recognize the immense potential that Netflix's entry into video game streaming brings. This exciting move will drive the company's growth and create new investment opportunities. By diversifying its offerings, Netflix is positioning itself for long-term success and continued innovation.
So, don't miss out on this game-changing opportunity! Keep a close eye on Netflix's journey into video game streaming and consider adding it to your investment portfolio. Stay informed, analyze the market trends, and seize the potential rewards that lie ahead as Netflix continues to redefine the boundaries of entertainment.
Conclusion:
Netflix's decision to venture into video game streaming is a bold and exciting move that has the potential to revolutionize the entertainment landscape. By diversifying their offerings, the streaming giant is primed to captivate a broader audience, enhance user engagement, and create new avenues for growth. As traders, it's essential to recognize the significance of this move and stay ahead of the curve. So, gear up for a thrilling ride as Netflix transforms the way we play and stream, and seize the opportunity to long Netflix as they embark on this exhilarating journey into the world of video game streaming.
NFLX
Netflix Overbought and Facing Resistance Netflix NASDAQ:NFLX
EARNINGS RELEASE TODAY (AFTER THE CLOSE)
Entry Pending Until:
- Break above overhead resistance, making it support
- A revisit of the 200 Day SMA
- In both, tight stop required
We are currently oversold on the RSI and whilst the stock could remain oversold for weeks the last 2 times we reached this exact RSI level we were rejected. For this reason I see no reason to be rushing into this trade. If you put on a trade you need a tight tight stop loss.
The head and shoulders pattern could take another year to play out. For the moment I am focused on the immediate resistance overhead, the overbought RSI signal and the 200 SMA.
Its amazing we don't see more Netflix in feeds, we are up 200% over the past 12 month period.
Hope this helps anyone trying to build a structure of the chart for a potential play.
PUKA
NFLX setting up Fib retracement level bounce LONGNFLX up trended starting June 1st through an upper long term anchored VWAP
to the next higher VWAP line coinciding with earnings. NFLX dropped after
good earnings probably because investors expected even better. On the 30
minute chart, NFLX has more or less completed a 45-55% retracement of that
trend up and is now sitting on the VWAP line that it crossed back in early June.
Volumes are decent above their moving average. The zero-lag shows a line
cross under the histogram which just converted to positive. I analyze this as
suitable for a long entry targeting that higher VWAP band line at 495 with
a stop loss at 415, the recent pivot low. I will take both a stock trade of
10 shares and a call option striking 475 expiring 8/18 NFLX calls have treated
Nancy and Paul Pelosi quite well for a long period and I have enjoyed smaller profits
from smaller positions in the same time frame . This looks like another opportunity.
Short-term top of NFLX has already appearedShort-term top of NFLX has already appeared
This chart shows the weekly candle chart of Netflix's stock over the past year. The graph overlays the recent bottom-up golden section. As shown in the figure, the recent high point of Netflix's stock is exactly 3.618 on the golden section in the figure! The weekly pattern of Naifei stock last week showed a very long up shadow, indicating that the short-term top has already appeared, and the probability of maintaining a relatively high level of major volatility consolidation in the future is likely to be maintained!
NFLX is rising from supportNFLX on the 2H chart is rising with the shortest EMA rounding up . Price is now above the
POC line of the volume profile showing buying pressure has extinguished bearish momentum.
The RSI indicator shows RSI to have trended down into oversold territory. Fundamentally,
NFLX revenues have increased with the household password crackdown. Traders and investors
have noted that. I see NFLX as setup for a long entry. I will determine the best entry on
a lower time frame either 5 or 15 minutes. I see targets as 485 and 560 based on horizontal
resistances on the 4H and daily charts and so a good potential reward compared with the
risk of a stop loss at 416 set below the POC.
Netflix Long will move and reach Target 1 is 1200$,before....New 52-week highs this week, powered by the Dow which, on Friday, extended its streak of positive days to ten — something the blue chip index has not done in almost six years. The Dow has been powered by, among other things, a slew of corporate financial results, particularly from the banks, which showed not only improved profitability, but also strong guidance for the next quarter and full year.
I have explained 2 bullish scenarios,1 bearish(worse case).
Bullish:
higher highs higher lows
poc uprising
volume increasing
capital flow rising
In case the Take profits hit, and we have increased volume, I will ride the trend.
I will only take profit 10% of the microsoft portfolio and let the profit run.
Exit :Stop loss or trend change signal
The mid and long term horizon is bullish. If any Profit taking level reaches, and trend continuation is signalizing that the uptrend will be continued, I will increase agressively my positions and take only 10% profits of each position.I will let the prfoits run.
This trade setup is only for trend followers and on daily TF.
Can NFLX rebound from the down turn after earnings?NFLX started a good trend up about June 25 and then pulled back in the day after the
earnings report. Although the earnings beat expectations, price continued to drop in
a VWAP breakdown shown here on a 2 hr chart. Over the 2 days that followed, price
has continued down at a slower rate and candle ranges are diminished. Importantly,
the zero=lag MACD shows a line cross under the histogram which has changed from
red /negative to green/positive. The lines have inflected upward. I see this as demonstrative
of bullish divergence and predictive of a reversal.
Overall, I see NFLX rebounding with a potential 15% upside. My target is 480 in consideration
of the swing high on July 18th with a stop loss of 415 the swing low of late June.
Impact of Netflix Subscription Increase on Stock PriceFirstly, let's acknowledge that as a leading global streaming platform, Netflix has experienced tremendous growth and success over the years. However, the recent announcement of a subscription price increase raises concerns about the company's future profitability and market dynamics.
While the subscription increase may seem logical to counter rising content production costs and maintain profitability, it is essential to consider the potential consequences. Historically, price hikes have been met with mixed reactions from subscribers. In some cases, these increases have resulted in customer churn as consumers seek alternative, more affordable streaming options.
Given the intensely competitive nature of the streaming industry, with established players like Amazon Prime Video, Hulu, and Disney+, it is essential to assess the potential impact on Netflix's subscriber growth. A possible slowdown in subscriber acquisition or an increase in customer churn could negatively impact the company's revenue and, consequently, its stock price.
Therefore, please exercise caution and consider holding off on buying Netflix shares until we have more clarity on the market's response to the subscription increase. Monitoring key metrics such as subscriber growth, churn rate, and competitive positioning will be crucial in making informed investment decisions.
As investors, it is our responsibility to assess risks and opportunities objectively. While Netflix remains a dominant player in the streaming industry, the potential repercussions of its subscription increase must be noticed. By adopting a wait-and-see approach, we can better evaluate the long-term implications on the company's financial performance and stock price.
In conclusion, I encourage you to exercise caution and closely monitor the developments surrounding Netflix's subscription increase. Holding off on buying Netflix shares until we have more visibility on its impact will allow us to make more informed investment decisions.
Concerns about Netflix's Future Subscription GrowthOver the past few years, Netflix has undoubtedly revolutionized how we consume entertainment. Its vast library of content and the convenience of on-demand streaming have attracted millions of subscribers worldwide. However, recent trends and market indicators raise questions about the sustainability of Netflix's exponential growth.
Firstly, the streaming landscape has become increasingly competitive. With the emergence of new players such as Disney+, Apple TV+, and Amazon Prime Video, the market has become saturated, leading to a fragmented audience. This intense competition poses a significant challenge for Netflix, as it struggles to retain its subscriber base while attracting new ones.
Moreover, the COVID-19 pandemic has temporarily boosted Netflix's subscriber numbers due to lockdown measures and increased demand for home entertainment. However, as the world gradually returns to normalcy, we cannot ignore the possibility of a decline in Netflix's subscriber growth. The return of outdoor activities, cinemas reopening, and live events resumption may divert consumer attention away from streaming platforms, affecting Netflix's long-term growth potential.
Additionally, the rising cost of content production and licensing rights is a significant financial burden for Netflix. While the company has successfully created original content, the competition for exclusive rights to popular shows and movies has become increasingly fierce, leading to soaring expenses. This escalating cost may hinder Netflix's ability to invest in new content and maintain its competitive edge in the long run.
Considering these concerns, I urge you to pause and reevaluate any long-term investment plans for Netflix. It is essential to assess the company's ability to sustain its growth trajectory amidst fierce competition, changing consumer preferences, and mounting financial pressures.
Concerns about Netflix's Future Subscription Growth - A Call to Pause Long-term Investment
As traders, we make informed decisions based on a comprehensive understanding of the market dynamics. I encourage you to explore alternative investment opportunities within the streaming industry or diversify your portfolio to mitigate potential risks associated with Netflix's uncertain future.
In conclusion, the future subscription growth of Netflix remains uncertain, given the intensifying competition, shifting consumer habits, and mounting financial challenges. It is crucial to exercise caution and carefully assess the risks before making any long-term investment commitments.
NFLX ANALYSIS: NETFLIX ENDING BULL SEASON?In mid-October 2022, the NFLX share price was about $250; in those days we wrote the post “Is Netflix starting a new bull season?”. Since then, the NFLX stock has more than doubled in price. But after the publication of yesterday's news, everything has changed, hence the headline.
The company added nearly 6 million subscribers in the quarter, with a forecast of 1.9 million. As of the end of June, Netflix had 238.4 million subscribers worldwide. This is positive news.
Some negative news: the decline in revenue. While 8.3bn was expected, the actual number is 8.1bn. “While we have made steady progress this year, we still have a lot of work to do to accelerate our growth again,” the company said in a quarterly letter to shareholders.
However, the most serious argument lies in the behavior of the price on the NFLX chart.
On the eve of the earnings report, we witnessed an increase in the price on rumors of an increase in subscribers. The price of NFLX was close to USD 500, but fell almost 9% post-market after the news. So today the trading session is likely to open below USD 440 per share. This abrupt change in market behavior provides an argument to suggest that the months-long rally has reached a culminating phase. A surge in volatility will help large stockholders take profits — perhaps they see Netflix's difficulties with the strike of actors and authors, increased competition, restrictions on the prospects for further growth.
The median line of the rising channel is now seen as the nearest support, the breakdown of which will confirm the change in market sentiment.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
$NFLX approaching a topI do think there is likely a small move higher coming next week prior to topping. I'm looking for one last push higher into $457, at which time I think is a good time to go short, because after that, the move down should be a big one.
Most likely scenario IMO is that we break the previously lows in the $170ish range and form new lows down between $139-$111 before bottoming.
All of this should play out within the next 6-9 months.
Let's see what happens.
NFLX Netflix Options Ahead of EarningsIf you haven`t sold NFLX here:
or reentered here:
Then analyzing the options chain of NFLX Netflix prior to the earnings report this week,
I would consider purchasing the 450usd strike price Calls with
an expiration date of 2023-7-21,
for a premium of approximately $16.25.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
NFLX testing significant overhead resistanceNetflix Inc. (NFLX) testing significant overhead resistance, able to absorb monthly buying pressures. From here (NFLX) can fall back to channel support eliciting losses of 15 - 20% over the following 2 - 3 months. A settlement below a near-term channel bottom would be the signal of this downward trajectory. Inversely, a weekly settlement above the significant overhead resistance occurs, gains of 20% would be anticipated over the following 2 - 5 months time.
NETFLIX is heavily bullish. Buy this pullback.Netflix is trading inside a Channel Up for more than 1 year and is headed for the historic January 20th 2022 Gap of 508.45.
Trading Plan:
1. Buy on the current market price.
2. Buy on the MA50 (1d).
Targets:
1. 508.45 (Resistance 1 and January 2022 gap).
2. 621.00 (Resistance 2).
Tips:
1. The RSI (1d) resembles the late August 2022 consolidation that led to a Higher High. Another bullish indication.
Please like, follow and comment!!
NFLX - Rising Trend Channel [MID -TERM]🔹Strong rising trend channel in the medium long term.
🔹Between support 365 and resistance 480.
🔹Technically POSITIVE for the medium long term.
Chart Pattern;
🔹DT - Double Top | BEARISH | 🔴
🔹DB - Double Bottom | BULLISH | 🟢
🔹HNS - Head & Shoulder | BEARISH | 🔴
🔹REC - Rectangle | 🔵
🔹iHNS - inverse head & Shoulder | BULLISH | 🟢
Verify it first and believe later.
WavePoint ❤️
NFLX holding on, but for how long?NASDAQ:NFLX had a run after finally finding a way to stop and monetize password sharing via an ad-based subscription. Now, where does it go from here? In this content war, where companies are jockeying for the best scripts and distribution rights, NFLX still has a leg up being the first one with legacy viewers. NYSE:DIS has the most content, but it still faces a challenge balancing the profit of that segment compared to NFLX.
Bullish Case - The trendline is a little sharp, but it is still holding. The price is trapped against resistance but can retest 450 after breaking the 442.47 resistance. It looks like a scallop breakout, and this should stay on path. The worst-case scenario would be consolidation to gain support before the retest.
Bearish Case - A double top is ready to break down, yet bulls are still holding onto this weak trendline in hope. When we break down from 411.91, we can test 400. There's no way to consolidate because the measured move provides a better risk-to-reward ratio.
Conclusion - This is looking for support. It could find it, but the trendline is too far up. Playing it based on the breakout is the best way to trade here. Getting in early is a guessing game, let the chart be your guide.
Bullish above - 442.47
Bearish below - 411.91
Netflix: Are you still watching…? 👀Well, the question should rather be: “Are you still climbing?” Indeed, Netflix still has got some room left to expand wave 1 in turquoise further upwards, although the next top can be placed anytime now as well. As soon as this is done and dusted, the share should turn downwards to develop wave 2 in turquoise before the next stage of ascent can start. However, there is a 34% chance that Netflix could continue to climb higher than primarily anticipated. In that case, we would expect the share to already develop wave alt.3 in turquoise, meaning that wave alt.1 and alt.2 in turquoise would be finished by now.
NFLX Share Price Hits Year HighSince the beginning of the year, the NFLX share price has risen by about 55% (for comparison, the S&P 500 index growth was 16% over the same period), and yesterday NFLX reached a price of USD 450 per share — the highest since the beginning of the year.
Bullish sentiment in the market was facilitated by news from analysts at Goldman Sachs, who upgraded the rating of NFLX shares and raised the target price of NFLX shares from USD 230 to USD 400 (9% lower than the current one). Isn't it too late? As a reminder, we pointed to the growth prospects of NFLX stock on October 10, 2022.
Strong demand for NFLX shares in 2023 is supported by the release of quality content, as well as opinions that the company has managed to regain subscribers and successfully resist password cracking.
However, there are certain threats to the NFLX stock, which looks very strong within the channel shown in blue:
→ the psychological level of USD 450 per share, which shows signs of resistance;
→ yesterday's high of the year candle looks uncertain due to the long upper shadow. It may turn into a false breakdown of the June high;
→ Fundamental factor: Netflix's Q2 report is expected on July 19. If the data disappoints investors, it could lead to a pullback in the NFLX stock price to the lower border of the blue channel, or even a bearish breakout.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
NETFLIX: Sell conditions emerge. Bearish rest of Summer.Netflix is trading inside a Megaphone pattern since the May 2022 bottom and is approaching the formation's top. The 1D time frame is on green technicals (RSI = 68.406, MACD = 15.870, ADX = 40.286) but just 2-3 weeks ago it was massively overbought, showing that the massive bullish leg is getting exhausted.
Be ready to sell and buy back on the 0.382 Fibonacci (TP = 370.00). That will make a technical Megaphone bottom on the HL trendline while approaching or touching the 1D MA200. This is where we will buy again and target the 0.786 Fibonacci (TP = 585.00).
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Opening (IRA): NFLX August 18th 345 Short Put... for a 3.75 credit.
Comments: 30-day IV of 47.9%. Selling premium in some high IV single name, with the caveat that earnings are on July 19th, so I'll be "playing through" and (continuing with the golfing theme) hoping to clear the water hazard. As with my broad market short puts, targeting the <16 delta strike paying around 1% of the strike price in credit, giving me room to be wrong.
I'm primarily doing this because broad market IV isn't exactly great here: IWM, 19.9%; QQQ, 19.5%, SPY, 13.0%.