NFLXCL trade ideas
NFLX PutNetflix breaking put of it's diamond pattern. It's been consolidating for the 3 months and seems to be finally breaking down. I don't see it holding on for much longer If netflix closes below $229 on the daily chart today, we will see it go to $221 in the next 7-14 days.
Entry: $231-229.80
Target 1: $223.96
Target 2: $218.73
Currently in at $233
Always beware of false breakout. Overall trend for the past year is down.
Be blessed and prosperous.
NFLX Potential for Bearish Continuation| 23rd Sept 2022On H4, with the RSI is showing a descending trend, and price is breaking ichimoku cloud, we can expect the price drop form the sell entry at 241.61, which is in line with the 50% fibonacci retracement and overlap resistance to the take profit at 228.89, which is in line with the overlap support and 61.8% fibonacci retracement. Alternatively, the price may rise to the stop loss ta 245.82, where the 78.6% fibonacci retracement is.
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NFLX daily bearish hammer good volumeNFLX daily bearish hammer good volume don't like the chop city, but look at this exhaustion volume.
NFLX Down Flag Distribution zone(Down Flag Formation) on Netflix stock. If ıt broke out down the price may dump. According to momentum ıt will break out to down.
Netflix in an ascending triangle.Netflix - 30D expiry - We look to Buy a break of 252.11 (stop at 234.98)
Daily pivot is at 251.99.
A break of yesterdays high would confirm bullish momentum.
We are trading at oversold extremes.
Although an initial rally was posted, sellers emerged and follow through bearish momentum resulted in all the previous day's gains being overturned.
Daily signals are mildly bullish.
Although we remain bullish overall, a correction is possible with plenty of room to move lower without impacting the trend higher.
The trend of higher lows is located at 217.00.
Price action has formed a bullish ascending triangle formation.
Our profit targets will be 297.88 and 307.88
Resistance: 245.00 / 252.00 / 260.00
Support: 230.00 / 220.00 / 215.00
Daily perspective
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NFLX time to sellafter a creation of the reversal pattern '' Doube Top '' and at the same time a rejection of the price at the level of the supply zone, we will see a drop in the price
NFLX long term hello dear traders
see this price action for nflx
price 210 days will be range betwean 203 $ and 248$
you can : buy low ... sell high
stop loss need for any position
Rising Wedge Breakdown to Form Double TopMore in depth analysis is in the chart
Basic description for character length:
Trading in rising wedge (bearish)
Breakdown from top of wedge would likely form double top (more bearish)
will make a new post if NFLX follows suit.
(also could be completely wrong and we're currently forming a cup and handle) <<Make sure to do your own D.D, people on the internet are idiots. Use what I post as a reference either for your own ideas or sentiment confirmation.
(also also JPOW speaks at 2:00 so could just tank depending on what he says)
Back to Basics on NetflixA simple trendline following the Netflix crash. I drew it in when there was a clear second local top/peak. This local top was confirmed by the April 20 crash. There is no need to try and "catch the falling knife" as eventually NFLX trended sideways until it broke the trend line . This is shown circled in yellow. Once it broke and pulled back to the trend (almost. ladder in.) line there was a good buying opportunity around $169. I decided to publish this simple chart because to me it is such a good example of some basics. I am looking for this sort of scenario to occur for BTC in the not so distant future.
Note: Additional TA; bullish divergence shown with pink trend lines .
NFLX weekly analysishello ladies and gentelmen, according to my graphical analysis of NFLX, There is A high probability of a increase towards in the few weeks!
Netfllix, Just Observations.On Netflix here after a Massive fall, We recovered on a smaller time frame with a Diamond top, but on the weekly We have this... A range, an angled one, usually don't see something this rectangular in the wild like this but regardless of the obvious fact this will break at some point, There is a TTM squeeze on the Weekly going to the Upside but, it is awkwardly concerning the volume appears to drop over time with the price diverges upward, But, due to the TTM squeeze I struggle to wrestle with the fact that This either means it's going to fall again or.. It's a sign of an accumulation that the TTM Squeeze could play a part, when it fires.
$NFX battle of the ads in streaming..A bounce-back for Netflix (NFLX) shares seems to rest on the coming launch of ad-supported tiers for the two streaming leaders, Jack Hough writes in this week’s edition of Barron’s. For Netflix, the goal is to reverse subscriber losses with cheaper plans. For others like Disney+, it’s to offset a recent acceleration in cable cord-cutting. Much could go wrong in the near term for these companies and their rivals, the author notes. Yet, if the television industry is successful, it could not only rekindle growth, but also pull back power that has been lost to the closed-off advertising economies of Google (GOOGL) and Facebook (META). News source from tipranks.
In my prespective view. i think its a good idea for streaming services to add the advertisement since youtube already doing it. If NFLX will have a similar advertisement like youtube where you can skip the ads i dont think its not a bad idea since customer might use to youtube ads.
But it would come down to how the ads are setup for streamers.
The rectangle box is my support/resistance level
Below is my price level entry and exit for intraday or scalp play.
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For calls; buy above $245.50 and sell at 249.82 or above
For puts, buy below $236.73 and sell at $234.42 or below
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Bot generated technical analysis:
1st resistance level: 245.09
2nd resistance level: 249.09
1st support level: 231.57
2nd support level: 222.94
Welcome to this free technical analysis. ( mostly momentum play )
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NETFLIXHELLO GUYS THIS MY IDEA 💡ABOUT NTFLX is nice to see strong volume area....
Where is lot of contract accumulated..
I thing that the buyers from this area will be defend this long position..
and when the price come back to this area, strong buyers will be push up the market again..
UPTREND + Support from the past + Strong volume area is my mainly reason for this long trade..
IF you like my work please like share and follow thanks
TURTLE TRADER 🐢
