Nflxshort
I'd Wait Another 100 Bucks before Buying $NFLX NetflixNFLX Just an observation on the lifetime channel of NFLX Netflix. It seems to me that any increased selling pressure should easily bring this down to the 200 range by the end of September without breaking much of a sweat. I'm looking for the RSI support break myself. Note the Klinger Oscillator has crosed over bearish, turned below zero and began to spread. Not a good sign for now. Whatever your beliefs in this stock fundamentally may be, I won't argue. But technically, I would not go long this stock until it either touches its midpoint line around the 200 area or it broke above its ATH. I don't care how much gain I would miss in between, because my piece of mind being able to sleep knowing I'm not worrying to death over my NFLX investment is worth way more. Much much better opportunities in the market at this time than this stock. Just one man's opinion. Happy hunting and GLTA!!
$NFLX Lower Highs Mean Best Days Are Over$NFLX best days are behind the company. Its dominance of streaming is about to end with the Disney streaming coming online.
Competition from HBO and YouTube having a big impact.
Expect more subscriber cancellations as long dormant subscribers finally pull the plug.
How many have Netflix but don't watch?
As always, trade with caution and use protective stops.
Good luck to all!
NFLX stock price prediction trend analysis by pretiming28-Jun NASDAQ:NFLX
Price forecast timing analysis based on pretiming algorithm of Supply-Demand(S&D) strength.
Investing position about Supply-Demand(S&D) strength: In Falling section of high risk & low profit
Supply-Demand(S&D) strength Trend Analysis: In the midst of a downward trend of strong downward momentum price flow marked by temporary rises and strong falls.
Today's S&D strength Flow: Supply-Demand strength has changed from a weak selling flow to a suddenly strengthening selling flow.
read more: www.pretiming.com
D+1 Candlestick Color forecast: RED Candlestick
%D+1 Range forecast: 0.3% (HIGH) ~ -2.6% (LOW), -1.8% (CLOSE)
%AVG in case of rising: 2.2% (HIGH) ~ -0.8% (LOW), 1.4% (CLOSE)
%AVG in case of falling: 0.9% (HIGH) ~ -2.1% (LOW), -1.5% (CLOSE)
NFLX stock price forecast timing analysis. 13-JunStock investing strategies by pretiming
Investing position about Supply-Demand(S&D) strength: Falling section of high risk & low profit
Supply-Demand(S&D) strength linkage Trend Analysis: In the midst of a downward trend of strong downward momentum stock price flow marked by temporary rises and strong falls.
Today's Supply-Demand(S&D) strength Flow: Supply-Demand(S&D) strength flow appropriate to the current trend.
Possibility of change in forecast timing: Forecast timing has low variability conditions. because they maintain the proper flow of supply - demand in the current trend.
D+1 Candlestick Color forecast: RED Candlestick
D+1 Range forecast: 0.2% (HIGH) ~ -1.4% (LOW)
AVG in case of rising: 2.2% (HIGH) ~ -0.8% (LOW)
AVG in case of falling: 0.9% (HIGH) ~ -2.2% (LOW)
Stock Price Forecast Timing Criteria: Stock price forecast timing is analyzed based on pretiming algorithm of Supply-Demand(S&D) strength.
Read more a detailed Forecast Analysis Reports that candlestick shape and %change, S&D strength flow in the future 7 days.
www.pretiming.com
NFLX: Price hikes = potential 3 Drives formation for -47%If we look at what type of stocks to avoid in a bear market, one would say:-
#1 -ve cash flows type companies, high cash burn
#2 companies in fragmented industries
#3 companies which find it hard to raise prices....
...and I present NFLX... It burns cash like a M1 tank burns gas, every content provider is looking do a "Netflix" and NFLX has had a bad track record of raising prices while keeping maintaining subscribers' growth.
Technically speaking, NFLX is:-
#1 at the 78.6% retracement level
#2 experiencing a massive negative divergence between the price action and MACD.
If we extrapolate the 3rd wave down to get a price objective, it is a -47% scenario to $200 and a 6-month congestion zone in 2H-17 with a well defined stop out level.
"The Big Short" - Netflix. Coming To A Computer Screen Near You.In a world where rational didn't matter. Based on the true story of several stocks that went a mission they weren't expected to survive. From the people who brought you Amazon, Google, Apple and Facebook... Comes Netflix's original showing of, "The Big Short".
Tickets are expected to sell out quickly. Get your popcorn ready and enjoy the showing.
OMFG - Shorting NFLX Ruins Weekends for BearsOk, so GS ramps its NFLX price target and I think shorting NFLX pre-market (while on the toilet) because its up 3% is a good idea. Add to the short at $291, even better. This SOB is moving up and if it blows the next Fib resistance at $302.50, probably not a ton of resistance until the next 10% at $335-$340ish. Frankly, I wouldn't be surprised if we got there in the run up to earnings.
So I'm bagholding NFLX on the short side so that every single waking minute of my weekend can be spent contemplating what a moron I am. Should be fun. Longer term, I believe in the trade. This is a heavily indebted media company with an eye popping multiple that AAPL isn't buying because AAPL is a prude when it comes to content. Nevertheless, I have to see this ill-timed trade every time I log into my account eating up my YTD gains for the foreseeable.
Thankfully, for those who saw my morning chart, I pointed out the danger here and hopefully prevented a few bears from getting trapped in this pain trade from hell.
Lesson: Even big cap stocks that pop 5% premarket on BS research can close 10% higher.
Follow Up - WTF is up with NFLX - GS Upgrade RampSo NFLX was ripping yesterday, somehow immune to price drops despite my shorting of a massive 1k shares:). Why? Goldman upgrades them this morning with a $400 price target because why the hell not upgrade a company when the PE falls below 100!
Today's morning gap lines up with recent resistance around $281 and while sitting on the toilet I took a semi-fun size 500 share short to play at least a partial gap fill but mainly because I hate myself and want to put on a bad trade with this POS to ruin my weekend.
As I said before, NFLX warrants caution here because people think its immune to the trade war so it could run up into earnings. Nevertheless, this is a dog and it will eventually go full bitcoin because its just a media company trading with a multiple 5X Disney which is a real diversified entertainment company with better assets.
Careful trading today. Powell up at 10:15.
WTF is up with NFLX todayAnyone trying to short NFLX today is bitter as hell based on the fact this ticking time bomb of a bubble refused to give up gains today. Someone is clearly buying shares and there are a ton of shorts that can be squeezed. Nevertheless, the 61% Fib from 2018 kept it from breaking out. I'd be cautious here on the short side because if the market face rips higher, this overpriced dog will easily rip 1.5 or 2X the Nasdaq. My advice, let this bad boy run up and short it to death ahead of earnings.
NFLX Approaching Support, Potential Bounce! NFLX is approaching our first support at 205.72 (horizontal pullback support, 50% fibonacci retracement, 100% fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 255.34 (horizontal pullback resistance, 23.6% fibonacci retracement, 100% fibonacci extension).
Stochastic (34,5,3) is also approaching support and we might see a corresponding bounce in price.