NFLX Netflix Options Ahead of EarningsIf you haven`t bought the dip:
I think now is the time to sell once again.
Looking at the NFLX Netflix options chain ahead of earnings , I would buy the $300 strike price Puts with
2023-1-20 expiration date for about
$5.40 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion about it.
Nflxshort
NFLX Daily Short Squeeze Setup using Wolfe Waves$NFLX The wolfe wave indicator is increasing in popularity as we continue to see more people using it and enjoying the results. In some of the educational material and streams posted in Tradingview, I go over a short squeeze setup using wolfe waves. You can watch the video here: www.tradingview.com There are a multitude of gaps within gaps and they will all eventually fill some time in the future - only the market makers with designation will determine that. In the meantime, we can use wolfe waves to identify short squeezes or breakout patterns by using the indicator as a contrarian. In the short term, with earnings season starting in January 2023, there is a setup that NFLX may fill the 314 gap. If the gap fills, then it would be a great level to manage risk and hold onto a few runners to see if the 334 level is retested. If NFLX breaks 334, then short will squeeze and the stock price of NFLX will explode higher to fill the next two gaps above 380 and 400 before 2nd week of January. For disclosure, we are long NFLX.
Predicting the future using the wolfe wave in Netflix?$NFLX The wolfe wave indicator is increasing in popularity as we continue to see more people using it and enjoying the results. NFLX has been traded aggressively in long puts and has done extremely well using the wolfe on shorter time frames. Now there is a massive setup for a gap fill down to 249 before filling any of the gaps above. The gaps that are above 300 will likely fill on the next earnings run up mid December or early January 2023. Be cautious of any dump first week of January 2023, which we would consider as a buying opportunity into earnings. Markets will pump and then dump.
Last week, there is a daily wolfe wave setup that triggered on Nov 16. The projected target is calculated by extending a linear line between pivot 1 and 4 and projecting the line. This is represented as the red perforated line, as shown in the chart. The projected target is around 252 but keep in mind the gap is at 249. I hope all of you bank on this!
NETFLIX AND CHILL? BEARISH DIVERGENCES FORMINGBearish Divergences forming on daily timeframe.
We expect the stock market to pull back in the next days therefore Netflix may retest the support one more time to build a strong base before filling the gap.
Be patient, wait for a pullback .
Buy low, sell high
Netflix ready for another breakdown?Netflix - Intraday - We look to Sell a break of 214.49 (stop at 224.21)
Price continues to trade within the triangle formation.
Posted a Double Top formation.
Trend line support is located at 218.00.
A break of the recent low at 214.69 should result in a further move lower.
214.69 has been pivotal.
Daily signals are bearish.
Short term momentum is bearish.
There is no clear indication that the downward move is coming to an end.
Our profit targets will be 191.61 and 182.61
Resistance: 230.00 / 240.00 / 250.00
Support: 215.00 / 200.00 / 190.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses
Netflix breaking down? Netflix
Short Term
We look to Sell at 220.83 (stop at 236.96)
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. Price action looks to be forming a top. We look for losses to be extended today. The medium term bias remains bearish.
Our profit targets will be 170.19 and 164.87
Resistance: 248.70 / 329.82 / 333.22
Support: 207.41 / 169.70 / 164.28
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
NETFLIX SHORT Netflix has gaped down and broken two areas of support and has it's next major support in the $120-$130 region which is labeled in green. Netflix has also formed a descending broadening wedge in the daily time frame and as rejected from its upper trend line.
Current play strike $210 puts Expiring 10/21
Netflix 171% move coming but first...some thoughts. Netflix pulled a squid games, (look up squid games crypto if you're lost) but honestly Netflix shit the bed. But now the beds being cleaned and you can start accumulating in this area $190 - $217 to sell in the mid $500's.
Reasoning: Gap fill at $198 and lots stop losses hit me thinks <$200 and then run up to the top of the Ichimoku cloud on the daily which coincides with ~540.
I'm setting a tight stop just in case of future Ackman scares.
NETFLIX NFLX Stock Is SHORT This Week!After the big fall that the stock has made recently after subscriptions raised rates of Netflix services + the new term that Netflix has revealed of having 1 account per user which in other words means that he would no longer be able to share his password with anyone else and has to pay for the service to consume the service that Netflix produces, in confluence with Netflix withdrawal of Russia after the Ukrainian-Russian war, which made the company lose more than 700K users at once. All of these signs are still impacting the stock and will for few weeks if not months still, that's why the price will surely reach the lowest selected zone of the chart if not even break and fall even more.
I'm Short on Netflix NASDAQ:NFLX !!
Was the NFLX sell-off predictable???Of course it was! You could have sold the head and shoulders bearish chart pattern back in November, before Jim Cramer said NFLX is a buy! :)
My forecast is that NFLX will make a small bounce before going even lower, at a buy area of $175 - 190.
Looking forward to read your opinion about it.
NETFLIX, scenarios and targets Fundamentally :
After the quarantine ended, people went out of their homes and Netflix became less in demand in the entertainment industry.
But what if people get used to life without Netflix?
Netflix needs serious solutions like new, good and exclusive business to get its users back
Technically :
price can pump from this level (255; 210) to 350 and maybe till 445
the down scenario the next support will be at 130 per share
Netflix in More Trouble? Netflix - Short Term - We look to Sell at 358.64 (stop at 378.80)
Preferred trade is to sell into rallies. Previous support, now becomes resistance at 360.00. The primary trend remains bearish. The bias is still for lower levels and we look for any gains to be limited.
Our profit targets will be 291.27 and 281.07
Resistance: 360.00 / 400.00 / 450.00
Support: 300.00 / 290.00 / 250.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.