NFLX is accelerating its rise !NFLX is accelerating its rise !
This chart shows the weekly candle chart of Netflix stock in the past two years. The graph overlays the line between recent low points and low points, the horizontal line of the previous short start position, and the horizontal line of the long start position before making the top. As shown in the figure, Netflix's stock has closed positive for five consecutive weeks and has broken through multiple resistance levels. The next resistance level for Netflix stocks is the top horizontal line (489.68) in the chart, which is the weekly opening price for the week of June 14, 2021!
NFLX
Research firm claims Netflix adding new subscribers According to a recent report by a research firm, Netflix has added a significant number of subscribers after their password crackdown.
This is excellent news for investors as it shows that Netflix is taking proactive measures to protect its content and attract new subscribers. As we all know, a growing subscriber base is crucial for the success of any streaming service.
With this in mind, I encourage you to consider investing in Netflix. The company has a proven track record of success and constantly innovates to stay ahead of the competition. By investing in Netflix, you can be a part of their continued growth and success.
I hope you will join me in investing in Netflix and taking advantage of this exciting opportunity. I look forward to your comments.
msn.com/en-us/money/technology/netflix-added-subscribers-after-password-crackdown-research-firm-says/ar-AA1cleMG?li=BB16M4hs
SasanSeifi 💁♂️NFLX👉3D ⏩ 457$ / 500$▪️ Hello everyone
The possible trend is indicated on the chart.
If the support range of 360$ is maintained, in the long term, the possibility of price growth up to the liquidity range of 457$ and the price range of 500$ can be considered.✌
❎ (DYOR)...⚠⚜
What do you think about this analysis? I will be glad to know your idea 🙂✌
IF you like my analysis please LIKE and comment 🙏✌
Netflix Stock 11% Up Following Crackdown On Password SharingNetflix has made a strategic move to curb account sharing by nearly half its global user base to boost revenue and subscription rates.
The policy checks a device's IP address to confirm single-household usage, but tech-savvy users have bypassed these restrictions with a VPN app, Meshnet, muddling Netflix's ability to identify user connections from different locations.
This could potentially affect Netflix's bottom line.
Interestingly, following the announcement of the crackdown, Netflix's stock price surged by over 11%, peaking on May 30th with a 4% increase from the previous day.
However, with resistance levels at the $400 round number and the weekly 50 simple moving average, the company has a hurdle to overcome for stock growth.
Overcoming this resistance could signal a substantial recovery from the 75%+ decline seen from November 2021 to May 2022.
As Netflix faces challenges like the VPN loophole and strategic shifts, questions arise about the future course of the company and its stock.
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Goodbye overpriced assets $NFLX $AMDTrend indicates more downside to come, I made a chart on Netflix a year or more ago now saying to buy, I believe this opportunity is over now/soon, we're now getting to a quarterly entry NASDAQ:NFLX NASDAQ:AMD
Not to mention the PE ratio on AMD and many other stocks. Gains to be made.
Is ROKU ready to reverse and recover?ROKU here is on a one hour chart. IT has trended down from from its supply/ resistance area
of 65-68 and has dipped into its demand/ support zone of 52-53 per the Luxalgo indicator.
Price is presently far below the high volume area of the volume profile which shows the
the highest volume at 64. At this point, short sellers are buying to cover and take profit.
Price is now at the lowermost VWAP bands in the deep undervalued area. Bargain hunters
such as myself now have an interest. Fundamentally, the last earnings report was
reasonably favorable given the context of the general market and the economy.
I see ROKU as a long-trade candidate at this point. It should follow AAPL, TSLA, META GOOG
and other mega-caps and begin an uptrend. ROKU has high volume high liquidity and
relatively narrow spreads. I will take a call option trade striking $50 with a
DTE of 30-45 days. IF it performs well, at 21-30 days I will roll it into another.
NFLX - Rising Trend Channel [MID TERM]🔹NFLX is in a rising trend channel in the medium long term.
🔹NFLX broken up through resistance at 370.
🔹The volume balance is positive and strengthens the stock in the short term.
🔹Overall assessed as 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 Watching for another BreakoutNFLX gapped up on the morning of 5/18 with high momentum and a volume spike both of
which faded by mid-day shown on this 15- minute chart. Since then price has been in a narrow
consolidation range centered about the POC line of the multisession volume profile. Price is
in the fair value area between the mean anchored VWAP and the +1 STD band. The zero lag
MACD is confirmatory for a trend resting in consolidation
I will watch for green candles in a row with the second having more range than the first. I will
check to see if the relative volume is 2X the running mean. If so, I will enter and try to get
the early breakout. Stop loss will be $365 below the POC line. I will exit upon seeing upper
wicks and volume falling back down to the mean. My expectation is for a quick 3 to 5 percent
trade with a R:R of better than 10:!.
A complete analysis of the Netflix stockThe stock descended in wave A, a strong decline, and the rebound was in wave B, and it is possible that wave C will complete a strong five-way decline to retest the bottom of wave A or go a little deeper below, and thus a triple decline will be completed, and then prepare for the rise of a new impulse and make a larger historical peak
Note.. The scenario fails if the price closes above the $460 area
2000 vs 2020 Tech crashesQCOM was the hottest stock of 1999, and had a similar fall from grace as the biggest tech names of the time, if not faster. Some of the top tech stocks by market cap were: MSFT, CSCO, INTC & IBM
I believe in a 2-3 year bear market, but we are pretty close to 2000 levels in a lot of major Tech stocks already. A lot of people wanna sell it to the floor as fast as possible, but that's not what the bear market really looks like. It's the white box.
NFLX breakout daily and 1hr chartNFLX daily and hourly
Top watch going into the week. Daily 9/21EMAs crossed and we broke out of this trendline with an explosive move outside the upper Bollinger band. Ideally, I would like a pullback to the trendline or breakout zone between 332.5-334.5. I've also got my eye on 336.5 level on the hourly chart for a possible intraday setup, but I'd rather bounce it down at key support level. Leaning long on it this week. Once this stock gains momentum it moves very quickly, don't fight the trend.
NFLX long ideaNFLX daily and hourly
Top watch for me tomorrow. Daily 9/21EMAs crossing, wick down to support, and closing outside of the downward trendline. Leaning long on this. Watching how Disney moves to earnings tomorrow might affect the way NFLX moves. Looking for 334-334.5 zone to hold as support and launch this thing. Under 330 I think we revisit the daily EMAS 327-328 area.
Institutions are dumping NFLX within an apparent diamond patternI spotted this diamond a year ago after the earnings panic.
Since then, I realised that institutions have been dumping Netflix at a prodigious rate.
In fact, NFLX has gone from nearly 100% institutional ownership, down to 74% institutional ownership in around 15 months.
This translates to institutions performing a dump of just over 1.5% of institutional holdings every month on average.
I think this short has a lot of potential if I am correct about the diamond pattern and it's clear that the catalyst is going to be institutional deleveraging.
What I'm looking for to confirm this trade is an ABC move up.
That is to say, the dump back in October Q4 was an A wave down, we are now in a B wave (that subdivides into a smaller ABC move up) and confirmation of this trade will mean that we complete the ABC I have sketched out (zig zag pattern) up to roughly around the 400 range.
An ABC up in this manner means we have a B wave with a C wave decline yet to materialise and it's the C wave we should aim to capture with a short.
I consider this quite a long-term outline and I don't envision this C wave to materialise until next year.
My suspicion, is that NFLX is being harmed by the streaming explosion that has resulted in a massive influx of very aggressive competitors. I think that the password-sharing crackdown will ultimately do more harm than good and do nothing to help their earnings.
So, I'm not saying get in on this now, but the basic premise here is to wait to see if the ABC zig-zag upmove (representing a cyclical B wave) materialises. If it does, I consider NFLX could be an excellent short.
NFLX daily and hourly chartsLevels I am watching to trade options with tomorrow. NFLX daily and hourly charts.
Top watch for me tomorrow, I'm leaning long for day 2 continuation breaking out of this pattern on the daily. Watching this bull flag set up on the hourly chart for a nice move. We have room to push 334.5 and 338. Also watching 328 and 324.5 support zones for a bounce if the flag turns out to be a failed breakout.
NFLX daily chart neutral bias.A couple levels I'm watching for this week. Looking bearish on the daily rejecting off the
21EMA with a long wick after earnings miss and the EMAS are about to cross. However, on the weekly chart we have a hammer candle with a nice wick down to the 21EMA and bounce back up to the 9EMA. Will be looking to play this either way. 319 is a big support zone to watch, a break could lead to a retest of the lower trendline around 300 level. ALSO watching 331 resistance level to play off of. Break of this level could lead to a retest of the upper flag trendline 340 area.