Netflix approaching area of interestNetflix approaching area of interest (high of the post user-surprise gap)
Good area to consider a short with a tight SL
R/R is good in my opinion
NFLX34 trade ideas
$NFLX Incoming Short I am looking to go short around this area for a multi-day swing... Just need to wait for rejection confirmation off this lvl if not then $350
Inverse Head and ShouldersThis Inverse Head and Shoulder's structure is similar to the one on SPY (although it's also a bear pennant breakout).
I see potential upside in both for this and next week.
Targets for Netflix:
Price target - around 324.
Stop loss - around 300.
Netflix: Breakout, or Range? My advice... WAIT. Here's why.Here's a free signal from our strategy, yet my advise is to wait for the simply reason that earnings are due this week. As trend traders we try to avoid crazy volatility as much as possible, and simply ride the wave when it comes. Netflix price is at a strong resistance level, and can easily be rejected and form a range bound market.
However! If you wish to take the chance to go long, you are free to do so, as long as you keep your risk at MAXIMUM of 1-2% of your equity. And when you lose, do not revenge trade or fomo into markets... just close the charts for a day or so. Risk management and discipline determine the success of any good trader. So in this indicator, you will see that the recommended stop loss price level always equates to a max of 2% per trade.
Hope you learned something, and as always, trade safely.
$NFLX Short Idea$NFLX filled gapped, overbought, into VIX seasonality is recipe for a potential short opportunity
NFLX Short into EarningsNetflix on the 4hr and 1D is overextended in RSI, there is a bearish divergence on the RSI, and NFLX is at a huge resistance point going into earnings. Take it for what you will.
netflix long .. Trading marginally higher today after an upgrade by Jeffries to buy from hold. The Wall Street firm, which also boosted its price target to $385 from $310, said the launch of its advertising-based offering and crackdown on password stealing will drive revenue and EBTIDA above estimates.
Technically, looking for resistance to be broken down at around $330, to open up a nice run back towards $400, but going for $390, as there is decent supply heading into the big psychological figure. Price action has breached a narrowing triangular / pennant pattern, inviting upside pressure.
Netflix (NFLX) Long IdeaTrading marginally higher today after an upgrade by Jeffries to buy from hold. The Wall Street firm, which also boosted its price target to $385 from $310, said the launch of its advertising-based offering and crackdown on password stealing will drive revenue and EBTIDA above estimates.
Technically, looking for resistance to be broken down at around $330, to open up a nice run back towards $400, but going for $390, as there is decent supply heading into the big psychological figure. Price action has breached a narrowing triangular / pennant pattern, inviting upside pressure.
Channel UpPrice has fallen from a Rising Wedge and may have already finished correcting.
Earnings 1-19-23.
The support line of the channel has caught price for now.
The Channel Up pattern is identified when there are two parallel lines, both moving up to the right across respective peaks (upper line) and bottoms (lower line). The lower line is often identified first, as running along the lows: it defines the lower support trendline. The upper line (or, the channel line) is identified as parallel to the trendline, running across the first prominent peak.
Breakouts from the Channel Up can occur in both upward and downward directions and can be a long term pattern. When the price breaks down through the trendline, it might indicate an important, and sometimes a severe change in trend. Breaking up through the channel line, on the contrary, suggests acceleration of the existing trend. Note, however, that just like all the other patterns, channels might be prone to false or premature breakouts (throwbacks), which means that price sometimes retreats back into the channel.
Another strategy of using the Channel Up is to identify where the price fails to reach the upper line. As opposed to breaking through this line, the failure to reach it often signifies trend exhaustion. This could be an early warning that the trend is going to reverse: the breach of the trendline is now more likely to happen.
No recommendation.
EPS (FWD)
10.37
PE (FWD)
28.44
Div Rate (TTM)
-
Short Interest
2.62%
Market Cap
$131.23B
NFLXNetflix could be coming up on a short soon.. there may be more steam ahead all the way to near 340 even though so watch out.
Formation for wedge is still in play and support came in around 280's.
$NFLX bull flag breakout with confluence on session hour$NFLX bull flag breakout with confluence
The price targets: $326.39 PL, then $330.
NFLX Puts /short 300 PTShes getting real squeeezy. Bearish Inside Bar printing after the Bullish outside bar yesterday on the daily. weekly 10 ema high and close are the targets in the short term. 300-308. GLA
Netflix#Netflix and #chill
$NFLX #Nasdaq
Netflix inc. will drop with 15% in next 2 weeks.
pay attention at 330zone. 🧐 ‼️
#netflixandchill #stockmarketnews #StocksToBuy #TradingView #tradingboy #wolfpack #CFD #cfdtrading #trading
NFLX possible multi-year head and shoulders?From a purely technical standpoint, I am short-term bullish and medium-term bearish on Netflix.
Will look into opening a short position or long put(s) at retest of $390 -$405 psych level.
Please allow 3-5 months for this idea to play out.
Clearing $415 will invalidate this idea.
Not financial advice, just for fun!
$NFLX Trade Idea $NFLX Trade Idea. Approaching gap fill area above the $317.61 PL. If price holds above gap fill, it can extend to the $324 PL
Calls over $316.77
Target $324.71
Puts under $303.69
Target $295.51
01/20 275PDrop below the mid line + possible lower low, it has a higher chance to retest the key level 260 on daily chart.
NFLX | Daily Gap & Go !NFLX has held relative strength for tech stocks. Rising channel on the weekly charts.
Daily Chart has a nice little gap fill retest above $300 into $315; Thus providing a nice move especially if tech catches some love starting the year. Keep in mind earnings on (jan 19th, 2023)
NFLX calls will be looking for weekly or bi-weekly expirations above $295.50. Invalid if we fall under 292.88.
Targets in yellow (300, 303.24, 308.93, 314.72)
Netflix (NFLX) Major BULLISH signal !Netflix (NFLX) offers a good buying opportunity.
Disclaimer: All content has only educational and informational purposes, and never should be used or take it as financial advice.
Netflix will likely go down when the break hitssince November 21 NFLX was on a down trend until May 2022.
after a flag pattern appears until December 22.
a breakthrough that range will signal a high probability of keep going down
Another confirmation could appear on RSI when it goes below 50%.
Netflix short… big month aheadRising channel and uptrend back in Oct 2022 until Dec 2022. New descending channel forms with a new resistance of $294/$295. Will continue to downtrend and will test resistance, if breaks through that resistance, entry between $300-$310. If not, expect descending channel to continue until at least earnings call in late January 2023.
Nflx .. next move is upWait and see if NFLX breaks over this resistance at 295. After that your bullish target will be 300. If nflx breaks 300, then 317 gap close at play
NFLX Bearish scenarioNetflix, with a quite interesting scenario.
We will see if this time the retail operation gives them the expected benefit; On the other hand, taking a look at what the fundamentals would be, NFLX was quite affected by the unsubscription of many of its users, we will never know if these fundamentals are just to manipulate and continue bullish or if we enter a fairly significant discount!
We have interesting prices at $43 and personally I am very interested in $20.
Nothing is certain in the markets, anything can happen.
