Nflxshort
NFLX ( Netflix ) SELL TF M15 TP = 631.71On the M15 chart the trend started on Aug. 20 (linear regression channel).
There is a high probability of profit taking. Possible take profit level is 631.71
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!
Good luck!
Regards, WeBelievelnTrading
Netflix Tanks 7.26% on Tepid Forecast, New Support on the WayNetflix Inc. ( NASDAQ:NFLX ) experienced a sharp decline in share value on Friday as a result of its weak revenue forecast and plans to discontinue reporting subscriber numbers by 2025. Despite an otherwise strong start to the year, Netflix's lackluster forecast led to a 7.6% decline in premarket trading in New York, marking the biggest decline since July 2023. While the company surpassed expectations for its first quarter, it indicated that it expects a slower pace of growth moving forward, with subscriber gains anticipated to be lower and revenue expected to increase by 16%.
Netflix's decision to cease reporting quarterly membership and revenue per subscriber metrics from the first quarter of next year has also generated concern among industry analysts. These metrics have long been the primary way in which Wall Street has assessed the company's performance, and as such, the decision may be met with resistance. Netflix has sought to shift the focus to traditional measures of performance, such as sales and profit, but management will continue to report significant subscriber milestones.
Despite a slowdown in 2021 and 2022, Netflix ( NASDAQ:NFLX ) has experienced its fastest growth rate since the early days of the pandemic, largely due to its crackdown on account sharing. The company estimated that over 100 million people were using an account for which they did not pay, and by convincing these individuals to pay for access, Netflix has added 9.33 million customers in the first quarter of 2024, nearly doubling average analyst estimates of 4.84 million.
Netflix's strong slate of original programs has also contributed to its recent growth, with the company delivering a new hit every couple of weeks in 2024. The streaming service accounts for about 8% of TV viewing in the US and is a leading TV network in most of the world's major media markets. The company's recent performance has lifted its shares back toward record highs, giving it a market value of more than $260 billion.
While some analysts have raised concerns that Netflix is trading at a valuation that exceeds the fundamentals of the business, others have been impressed with the company's performance and have raised their price targets for investors. To sustain its growth in the future, Netflix has introduced a cheaper, advertising-supported version of its service targeting cost-conscious customers and has invested in live programming, including stand-up specials, wrestling, and an upcoming boxing match. The company has also reported that approximately 40% of its new customers are selecting the advertising option in markets where it is available, although the advertising tier remains small in comparison to online video giants like YouTube.
Technical Outlook
Netflix ( NASDAQ:NFLX ) stock has broken the ceiling of the rising trend channel on the verge of reaching a new support level at the $504 Pivot point. The stock is trading with a weak Relative Strength Index (RSI) of 25.75 indicating NASDAQ:NFLX stock is in the oversold territory. Traders need to be careful incase of a trend reversal after reaching the new support zone.
NFLX Jan 26th Update, Target got hitWe had a great bull flag setup going into the earnings.
Now the target got hit, will be watching for a retracement into early Feb and another push higher into Feb OPEX
Nothing bearish here to even try taking a short trade. There is still one more gap to close above the price, should be hit first before reversal starts.
Also the price might just consolidate/correct in time and push above to a new high. Any shorting should have solid stops
Netflix - Come in...the water is fineWe dived below the Center-Line.
This is the time for a short, not when it's down at the Lower Medianline Parallel. Because there are lurking Creatures you don't want to meet.
My stop would be above the CL test high.
Keep in mind that earnings are coming out soon. So mybe give yourself time and trade it with an Options Strategy?
Gone for a swim...the water is fine §8-)
Netflix's Bullish Trend Ending: Traders, Prepare for Downtrend!Hi Realistic Traders. Here's my price action analysis on Netflix
In our close examination of NFLX, the streaming titan, a compelling narrative unfolds. Initially, a double-top pattern emerged between July 2020 and January 2022, followed by a significant breakout from the neckline. This breakout confirmed a bearish reversal, resulting in a remarkable 70% decline from its peak.
However, the plot deepens. NFLX recently revisited its double-top pattern's neckline while concurrently crafting a channel chart pattern. Adding to the intrigue, NFLX struggled to regain its former heights and descended below both the lower trendline and the dynamic support line, a classic sign of a sustained bearish trajectory.
Not to be overlooked, the Stochastic indicator chimed in with a bearish divergence, providing further validation for the impending downward movement.
Our target price? Set conservatively at under $300.
Traders, prepare for a captivating journey ahead!
It is essential to note that the analysis will no longer hold validity once the target/resistance area is reached.
Please support the channel by engaging with the content, using the rocket button, and sharing your opinions in the comments below!
Disclaimer:
"Please note that this analysis is solely for educational purposes and should not be considered a recommendation to take a long or short position on NASDAQ:NFLX ."
NetFlix - Come in, the Water is fine!Below the Lower-Medianline-Parallel, the Water is fine!
,..you think?
Maybe, but there's a Shark waiting for you.
He's Name is "FOMO"!
If you waited for a retest of the L-MLH, then you wasted your time. Here is how you trade a open/close below the L-MLH:
- short immediately with a money Stop/Loss
or
- wait for a re-test of the L-MLH, and short from there on obvious weakness. Put your Stop behind the re-test high.
But don't jump in the mouth of the "FOMO" Shark!
I added the Members material on my website.
Check it out, it's free for all, but you must be a brave Trader §8-)
NFLX - AnalysisNFLX
W1 - After breaking through the trend line, a head and shoulders pattern is formed. If this changes the direction of the trend, we could see moves towards the 285.54 levels in the long term.
If this is a correction, we could see the price move towards the 348.15 level. If the price retests the level of 379.10, then the road is open to a fall to lower targets.
What can you expect?
Movement to the levels 379.10 - 348.15 - after breaking through 379.10, the price may begin a correction to consider buying, awaiting confirmation.
Short
Targets – 379.10 - 362.83 - 348.15
Long-term perspective (retest required) – goals 348.15 - 314.88 - 285.54
Long - will be considered when the situation changes.
Netflix to breakdown?Netflix - 30d expiry - We look to Sell a break of 410.77 (stop at 430.77)
We are trading at overbought extremes.
485 has been pivotal.
Prices have reacted from 485.
Short term bias has turned negative.
Short term momentum is bearish. 411.50 has been pivotal.
A break of the recent low at 411.50 should result in a further move lower.
The bias is to break to the downside.
Our profit targets will be 360.77 and 350.77
Resistance: 430.00 / 445.00 / 455.00
Support: 411.50 / 390.00 / 370.00
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NFLX head and shoulders daily?watching netflix over the last few weeks/months, seems to be making a clear head and shoulders move downward, and it would be enhanced by disney/hulu initiating the password sharing and limiting customers that were only paying for one or the other, the user pool was probably diluted from the password sharing as a majority of people dont want ads or pay extra premium....
just my thoughts, short term i am looking down but netflix is well established long term
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.
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 4/6/23 | Netflix 355 PutsNetflix Trade 4/6/2023
335 Puts SAMe day Expiration
$1.77 entry 9:39pm - $2.58 exit at 9:44am
5 minutes = $81.00
Pros
1.Charting the day before allowed me to take advantage of the oppurtunity. knowing where the danger zones were gave me comfort.
2.I also manage my fear of loosing, and greed very well.
3.I leran that Direction and Momentum is everything.
4.I allowed my indicators to confirm the direction
Cons
1.No stop Loss, this is a hudge problem for me. im going to study this weekend. how to emplement a stop loss on Trade Station Mobile.
Notes
1.Its not good to try to catch bounces at the open of the market.
the amount of selling pressure will push through the zone.
2. Place your trading notes on your charts,
3. Only trade what you chart.