Nflxlong
NFLX Cup and HandleNFLX has been in a range for some time, but a very clear C&H is developing. Today's candle with a long lower shadow and support at the 21 EMA. Confirmation for me is a break of the handle with a significant amount of volume (at least 1x Relative Volume). Measurements on the chart for the move. Let me know your thoughts!!!
NFLX Long/Short?NFLX been having the same pattern for a long while now. But let the market pick the direction before entering a trade.
Bullish over 509, PT 520-525
Bearish under 491, PT 478.43-470
Still stuck in that channel wait for a break of the purple trendline for long, grey trendline for short. Also its tricky with vaccine and stim news. Who cares about NFLX now?!
NFLX Consolidation pattern looking for breakoutNFLX long consolidation pattern started July is suggesting a breakout that could take us higher into wave iii upside target that might reach 640-650. Note that Consolidation started in July through Nov is now showing signs of a breakout. Looking to establish longs with stop level at 464.
NFLX UpdateI took a starter position at the retest of 477.50 and added on the STRONG bounce off the purple trendline.
Expecting to see 500-505 this week. And possibly 520 if we get news/catalysts.
NFLX has been following the same pattern the last 3 months. I'd say this is one of the slow steady plays, i recommend going with spreads or contracts with further out expiration to avoid time decay.
Scale in on support, scale out on runs!
NFLX AnalysisBeautiful setup on NFLX!
Ideal entry: 477.50 OR purple trendline
1st PT (safe exit): 505
2nd PT: 520
Final PT: 560 OR blue trendline OR ATH
I expect NFLX to reach ATHs by the end of Nov.
The best part about nflx is that it's lockdown proof. Meaning with a bullish market nflx goes up, even with bad covid news nflx still goes up.
NFLX Long 4:1 R:RNFLX is at support, which has held a few times already.
Although the recent news about Pfizer's vaccine had a negative impact, the company did benefit from subscriber growth during the pandemic and is in overall a good spot.
I see this trade as worth taking, considering the R:R ratio but will nevertheless be cautious, as tech might continue to trend down heavily duo to the vaccine news.
$NFLX Long Strategy for Short Term Options Swing TradeMy analysis has NFLX in a wave 2 correction for a micro wave following a minuette wave 2 correction and subsequent bull flag breakout. I expect this micro wave 2 to retest the channel at the 0.5 to 0.618 retracement level. Once I see confirmation that the correction has ended, I will purchase an in the money Call Option with an expiration of 11/13. The 0.618 extension for the micro wave 3 is based on a retracement in wave 2 to the 0.5 fib level. I will need to adjust the fib extension once there is a definitive bottom.
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$NFLX Assassins Creed series coming!Hi guys!
Netflix and Ubisoft have partnered to produce the Assassins Creed series.
Ubisoft has more than 140M copies of AC games sold, 95M of which are unique. Ubisoft also reported that 3 of the top games that have over 10 million copies sold out Worldwide are AC Series - Assassins Creed: Origins, Assassins Creed: Odyssey, Assassins Creed: Unity.
For Netflix that means more or less +140M subscribers, higher revenue.
Netflix Inc. analysis📈NFLX LONG D1
🛒BUY above = 494.30
🎯Target1 = 503.70
🎯Target2 = 509.50
🎯Target2 = 518.95
🛑Trailing Stop loss = 479
❌Cancel trade = 479
🙈Recommended risk = 1-2%
#NFLX #NFLXLONG #BUYNFLX
📉NFLX SHORT D1
🛒SELL BELOW = 479
🎯Target1 = 467.85
🎯Target2 = 460.95
🎯Target3 =
🛑Trailing Stop loss = 494.95
❌Cancel trade = 494.95
🙈Recommended risk = 3-5%
#NFLXSHORT #NFLXSELL
NETFLIX INC Stock buy opportunity , signal buy NFLX
this market will experience an acceleration upwards signifies an upward trend, it will experience a strong breakout of the VWAP with the high volume that has been recorded and it means that the buyers have entered the markets therefore a buying opportunity.
this situation expresses the wonderful opportunity to buy Netflix
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