121.08, 112.57, 104.16 and 98.93 $NDX $QQQ $COMPQ
Short squeeze boom is done, entire market is in red except for the 4 king ' FANG ' stock. 'Facebook', 'Amazon', 'Netflix', 'Google'. Low risk entry into shorting the S&P here, down into the lows of August/October. Regardless of what Yellen says on December, it does not matter. The FED do not have control of the market, people are just focusing on the past. No one...
Earnings is always a coin flip. But if there is a measured move like last quarter, price could flirt with all-time highs again. Short float right now (<10%) is NOT is large as the last two quarters when it was pushing 30%. So a move higher may not be as dramatic the next day after earnings. Expected move with earnings this week is +/-$15 Bought broken wing...
I have a love-hate relationship with earnings plays. When they work out, I'm happier than a clam; when they don't, I swear off them, use expletives to describe them, and say that they're a total *?! waste of time. That being said, there are some I just can't pass up, usually because the premium is just too good. In the next couple of weeks, these will be NFLX,...
Looks bearish along w/ a lot of other momo stocks with the market still stuck in consolidation at the moment and in a 6-8 month range. With this market uncertaintity as far as the direction of the market.......many momo stocks are breaking down. As a risk/reward setup.......NFLX looks like a short right now as it has b/o to the downside of the immediate uptrend...
Long from $115-116 would be a third swing low price area to anticipate. The previous two biggest swings offered earlier this year on the daily chart ended up being reversals on about 10% corrections. If the same happens again it could also be around the green 20 period EMA. Front running a reversal on oversold market conditions today would be a bounce off of the...
ahhh..... how could anyone see a bubble when they're in a bubble themselves? A p/e ratio of over 160.
This would be a classic stock split play on a momo stock. I think if the markets work after this correction and turn back up then NFLX can run back to the 680 levels prior to the split, if not before they will most likely sell off after and then start back up heading for the high of the split day...that breakout would be a buy point if not in. I will watch for a...
JBLUE is holding this Trend-line support watch the levels 19.50-20 buy zones. The airlines are all hitting the buy levels. I cant stress enough, traders must learn to BUY the FEAR and SELL the GREED. Always have a plan and always have a stop. understand your parameters and you will do well. KEEP IT SIMPLE TRADE LEVELS
NFLX accelerated the rally from a 3-week bull flag breakout to target 649.01 next (as shown on the weekly chart). Above would open 679.08 ahead of 803.89 (projections). The 575.00/552.26 (April 17 high/May 1 low, 2015) range should serve as support on pullbacks. Outlook: Short term: bullish Long term: bullish
Bullish on the long term cycle - Price above 200day EMA. Just had a 20 day selloff. Good long entry if neutral and good hold if long. Same for Apple, Netflix, Google, and all the other big tech stocks. www.scottaaronson.com Consider the market trend to be Eigenjesus, or at least the concurrence of several of his high eigenpriests. It serves not only as an...
After gapping up on good news NFLX put in a shooting star on increased volume. The MACD cross over and inability to put in a new high despite consolidating inside the Bollinger Bands could be a sign that all the buyers are in and there is a possible pullback coming. A break of the upper resistance line would be a no trade for me due to the previous...
Netflix made a big breakout from more than 8 months rectangle - congestion range. Such breakouts are usually wonderful as the risk is easy to set. One can place stop below the low of the breakout bar and the take profit is the distance of the highest high of the rectangle and the lowest low of it. The only bad thing here is how fast its coming, so the take profit...
On NFLX - Newsome thinks this gap is very similar to Google 10/2013. The one small difference is the large run up and gaps before NFLX gapped up. Therefore, in a month or so, when the daily EMA's catch up, buy the bounce. NFLX is headed into the $600's. There's nothing stopping it. NFLX is a gap and go - broke out of resistance / distribution phase. Analysis...
This is a WEEKLY chart of NFLX. Did you realize that Netflix was in a range? You may not have if you didn't step back and look at a Weekly (or longer) chart. It is amazing to me how things seem so much clearer when you step back and look at the big picture. NFLX has been in this range since late 2013. Since then, when the stock comes down to the $320 area, it...
#NFLX #NETFLIX Short Idea (Head & Shoulders/Triple Top) Do you own analysis but I hope this give you some useful ideas, don't forget to hit the like button :) Thanks
Look out below.. looks like it's going lower, especially with that nice mini bearish flag building right after the initial breakdown. The weekly chart is just starting to roll over with plenty of room for a down move. Good luck!