Netflix '400' Round Number ReactionNetflix has traded into the 400$ price level and immediately reacted. This is a historical resistance and is likely to trigger temporary drawbacks. I would hold for a couple of days at most. This is otherwise a relatively legit company.Shortby OrcChieftain1
NFLX - Rising Trend Channel [MID TERM]🔹NFLX is in a rising trend channel in the medium long term. 🔹NFLX broken up through resistance at 370. 🔹The volume balance is positive and strengthens the stock in the short term. 🔹Overall assessed as technically positive for the medium long term. Chart Pattern; 🔹DT - Double Top | BEARISH | 🔴 🔹DB - Double Bottom | BULLISH | 🟢 🔹HNS - Head & Shoulder | BEARISH | 🔴 🔹REC - Rectangle | 🔵 🔹iHNS - inverse head & Shoulder | BULLISH | 🟢 Verify it first and believe later. WavePoint ❤️Longby wavepoint996
NFLX AnalysisPrice playing nicely as analyzed last week. Price made a bearish retracement but failed to hit the fair value gap. Despite that, we got a continuation to the upside. No changes to my expectations, I'm expecting price to continue higher from here.Longby Keeleytwj4
NFLX Watching for another BreakoutNFLX gapped up on the morning of 5/18 with high momentum and a volume spike both of which faded by mid-day shown on this 15- minute chart. Since then price has been in a narrow consolidation range centered about the POC line of the multisession volume profile. Price is in the fair value area between the mean anchored VWAP and the +1 STD band. The zero lag MACD is confirmatory for a trend resting in consolidation I will watch for green candles in a row with the second having more range than the first. I will check to see if the relative volume is 2X the running mean. If so, I will enter and try to get the early breakout. Stop loss will be $365 below the POC line. I will exit upon seeing upper wicks and volume falling back down to the mean. My expectation is for a quick 3 to 5 percent trade with a R:R of better than 10:!.Longby AwesomeAvaniUpdated 1
NFLX AnalysisPrice playing out nicely as analyzed last week, giving us a 11.92% move to the upside after mitigating the bullish POI at 331.23. From here, price could make a bearish retracement to fill the fair value gap at 346.37 next before continuing higher following the bullish order flow.Shortby Keeleytwj3
It's movie time on FridayEver since my wife subscribed to Netflix, I have been chasing several good movies like Vagabond (Korean detective), re-watch Ip Man Part 1 to 3 and now hot on Billions; a movie where I find fascinating how hedge funds operate. So, I took a look at the chart and like what I saw. I will monitoring the price for a pullback and if it still sits nicely on the bullish trend, I would initiate a buy and expect it to fill up the gap above. Think about it, the profits you made could pay off your 1 year or more subscription fees, haha. Wouldn't you like that ?Longby dchua1969Updated 10
$NFLX Bear FlagNASDAQ:NFLX did not tag the horizontal line but came close. Looks like a bear flag but it needs to break before it becomes bearish. If it consolidate into a bull flag its bullish and it can break out. #netflixby AlgoTradeAlert1
A complete analysis of the Netflix stockThe stock descended in wave A, a strong decline, and the rebound was in wave B, and it is possible that wave C will complete a strong five-way decline to retest the bottom of wave A or go a little deeper below, and thus a triple decline will be completed, and then prepare for the rise of a new impulse and make a larger historical peak Note.. The scenario fails if the price closes above the $460 areaby KhaldHegazy112
NFLX- SELL strategyI am not believing in this high level for NFLX from a technical nor fundamental basis. The strategy is SELL current @ 365 and place stop loss @ $ 395 for now. Take profit @ $ 278. Shortby peterbokma0
Netflix's Shorting Potential Slipped Away by a Mere Two DaysMissed the Mark: Netflix's Late Entry Foils My Shorting Plan, and Now It's Breaking Bullish Boundaries! Oh, the frustrations of timing! Just two days too late, Netflix seems to be defying my expectations. It's now poised for a structural breakout, potentially closing above the X point of my carefully identified Bearish Bat Pattern. While this turn of events may be advantageous for Netflix, discouraging more traders from shorting, it's a letdown for me after patiently awaiting this setup for weeks. But hey, that's the nature of trading. Time to swipe left on this missed opportunity and patiently await the next promising setup. That said, the weekly resistance level holds(right).Shortby RaynLim0
Netflix might be on its way into another solid rallyYesterday's breakout above the VCP setup and the stock's close near its day highs could potentially signal a renewed up trend after a long consolidation period. The VCP build up and breakout comes after the stock successfully traded above its 200 day MA for over 6 months. With a stop below yesterday's low (more aggressive stop) or the most recent higher low (more conservative stop), long traders could be looking at a good gain here. Call options could be another way to trade this as NFLX emerges out of a volatility contraction setup. Longby xTDGS0
NFLX - uptrending along rising trendlineSince breaking up a base formation neckline @ 252, NFLX had began a rather choppy rise with moderately deep pullbacks. Longer term trader could place trailing stops slightly below the rising trendline for now and until such times when this trendline becomes irrelevant. This bull could have some way to go. Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Take care and Good Luck!Longby Juliac333
Long NFLXNetflix can go to around 375 - 380 if clears 350. Has taken small position, will add in case of pullback.Longby sachin1337Updated 9
NFLX Entry, Volume, Target, StopWhen price clears: 349.80 With daily volume greater than average Target: 379.50 area Depending on your risk tolerance: 339.90 gets you 3/1 Risk/Reward. This trade idea is not trade advice. This swing trade idea is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not take this trade based on my idea, do not follow anyone blindly, do your own analysis and due diligence. I am not a professional trader.Longby tradepatientlyUpdated 2
Symmetrical Triangle/OversoldPrice is above long entry level. Targets in green are targets for a break to the upside with the larger type being T1. Bullish Marubozu candle with both ends shaven right now. No recommendation/oversold with RSI on 70/oversold or overbought conditions can linger for extended periods of time. by lauralea337
NFLX long term Channel looks good for long-term, coming out from bottom of the channel. Longby adisekarm1
NFLX breakout daily and 1hr chartNFLX daily and hourly Top watch going into the week. Daily 9/21EMAs crossed and we broke out of this trendline with an explosive move outside the upper Bollinger band. Ideally, I would like a pullback to the trendline or breakout zone between 332.5-334.5. I've also got my eye on 336.5 level on the hourly chart for a possible intraday setup, but I'd rather bounce it down at key support level. Leaning long on it this week. Once this stock gains momentum it moves very quickly, don't fight the trend.Longby MIGHTYMIKEE1
NFLX AnalysisPrice playing out nicely as analyzed last week, taking out the buy-side liquidity and gave a nice reaction to the downside. Right now, I'm expecting a bearish retracement into the bullish POI at 331.23 before we look for a confirmation for price to go higher.Shortby Keeleytwj2
Netflix - there is a great potential for growthIdea: Long Horizon: 2-3 weeks Target 1: 349,74 Target 2: 363,82 Target 3: 379,19 Potential of the idea: 10% Stop order: $ 314,2 Technical analysis The price structure is in an upward movement, forming a ‘triangle with a squeeze’ figure along the trend, accordingly there is a high chance of continuing the upward movement. It is better to consider entering a position in the support zone 315.8 - 330.21. The RR ratio when reaching Target 1: 1 to 2. You can only enter after confirmation on younger time frames. Fundamental factor. Netflix’s announced plans for four summer investments of $2.5 billion in the production of Korean dramas, movies and reality shows are fueling interest in the service, which will positively affect the price of the asset. Longby SiriusBH1
NFLX.. broke outHas a gap to close at 350.. they'll be closing this by next week.. Nflx is apart of XLC sector like Googl and Meta... as you can see they've been carrying the market Looking at XLC , it has a little more room left to go which I think Nflx will be apart of I don't know if it goes higher than that or falls off a cliff from there but 350 is my target Longby ContraryTrader11
NFLX long ideaNFLX daily and hourly Top watch for me tomorrow. Daily 9/21EMAs crossing, wick down to support, and closing outside of the downward trendline. Leaning long on this. Watching how Disney moves to earnings tomorrow might affect the way NFLX moves. Looking for 334-334.5 zone to hold as support and launch this thing. Under 330 I think we revisit the daily EMAS 327-328 area.Longby MIGHTYMIKEE0