1. P, 79% 2. FCX, 76% 3. X, 75% 4. TWTR, 67% 5. STX, 57% 6. ABX, 56% 7. NFLX, 56% 8 GG, 53% 9. SLW, 52% Naturally, we are coming into earnings season here, so there's a reason that some of these have high IV here (e.g., NFLX announces in a week and a half). Ordinarily, I like IV to be >50% and IVR (current IV's level relative to where it's been for the past 52...
The slide down continues for NFLX. I'm currently buying and selling threw-out the day but over all this is going down and hard. I suggest making your move away from this or long term shorting it.
NFLX had earning on 7/18 and looks like it may get caught between the 100 & 200 LTMA - The EMA are supporting the price and there in another level of support at 93.42. This aggressive and only want to sell these options if you really want to own NFLX.
Over the last 10+ yrs 3 amazing BULL rallies I think we are due for a 4TH....
An average of the FANG stocks tells an interesting story and serves nicely as a bellwether of market sentiment and investor's appetite for speculation. These stocks on average are trading very high price relative to forward earnings. Recent selling action suggest the market is beginning to doubt that these high flying stocks can live up to the expectations for...
Since AMZN is expanding its services by adding video streaming, would it make sense to acquire NFLX?
Seeing a lot of lower supports being tested/broken around the market. Lower lows and lower highs all over. It's really difficult to determine where the market could be heading, but I think this chart is a good indicator on what we can see going forward.
NFLX has been consolidating for the last couple days. Expecting a big move in either direction. Setup looks good for a weekly long strangle.
The monthly chart allows use to see the struggle that is truly presenting. Bulls are having a difficult time defending this price level and confirming 2012 resistance as support. We can also see that prices are trading above the long term trendline. A test of the "trendline" would violate the current 50% retracement and support additional distribution. This...
FB has been an exciting stock to trade. In April we saw signs of large profit taking confirming distribution into highs; however, bears were unable to break support. This allowed bulls to define prior resistance as support and suggest that bullish absorption of supply was present The large buying volume that made new highs but became a failed rally is...
Facebook is walking a "fine line" and is at risk for a reasonable "pull-back" (up to 10%) as it appears to be in distribution. So far the bullish upswings have been unable to regain ground within the ascending channel and therefore are confirming prior support as resistance.
Short-term MARKDOWN is threatening larger timeframe DISTRIBUTION $114 TARGET for now
The price rejected 3 times the support area, becoming a strong trendline. MACD bullish. Gap to fill. Good risk/reward ratio. I've analyzed the bearish scenario too, just in case of breakout in the support line.