NFLX - Going ShortSince the stock has broken the trend line and is making LL and LH, a downward trend is further expected, the divergence are also bearish, thus, going Short on NFLX.
NFLX trade ideas
QuickTrade Idea n. 241 : NFLXI am Bullish above $303.65 with target at $309.74
I am Bearish below $292.23 with target at $286
NFLX Daily Short Squeeze Setup using Wolfe Waves$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.
NFLX AnalysisPrice played out exactly as analyzed last week. Price mitigated the bearish POI at 331.62 and proceeded to react strongly to the downside, breaking market structure. Price left a fair value gap at 314.42 which could be filled before the price continues lower.
LONG 10.9 RR, 373PIP movement on NETFLIX seeing a possible long movement on Netflix going up by £50 in value I think but a 3732.00 pip movement looks decent ngl 10.9 rr aswell
H&S Pattern Identified in Netflix Momentum Short when momentum neckline breaks at 8.9, PT on drop is -37.2. NASDAQ:NFLX
NFLX Repeat of 2011/2012 Sell Off?Currently NFLX is looking like a 1:1 copy of the sell off from 2011 and 2012. Which would imply that we see another way down in the coming months before finally bottoming.
1/6/2023 Iron Condor Trade Idea NFLXShort Iron Condor Idea
+1 $340 call 1/6
-1 $335 call 1/6
-- --
-1 $245 put 1/6
+1 $240 put 1/6
$70 credit, $500 collateral
6:1 risk:reward (high risk, low reward)
NFLX down babyCharted this 2 days ago and I wasn't confident going bearish because the overall trend and spy were bullish, but this morning I was surprised by the big drop.
Cycle compare BTC VS NetflixHi @everyone,
Here another BTC cycle comparison to our previous one.
Cycles wont repeat excactly but markets are driven trough humen emotions (Fear and Greed), thats why they rhyme often.
This is why many cycles have an indentical fractal onces you zoomed out and ignore the low timeframe noice.
as a previous cycle doesnt give u any guerantee that it will do the axact same thing, it wil give you a kind of guide into your long term investment portfolio's, by learning to reconize how cycle bottems and tops are formed it wil give you an edge over the competition into making live changing decisions.
- Be there when others look away, the pain of an bearmarket is just temporary.
- Never invest more then you are willing to lose, you will sleep well at night.
- Having patiënt and a long term view is a must if you want to trade/invest.
Cheers,
Team Quantisic
NFLX TANow there are two options on what can exactly happen here but one thing I know forsue is that a breakout is coming either to the downside or upside. I personally wouldn't make any moves on it until the setup is complete.
Netflix takes breath for deep diving.As you can see on the chart, Netflix actually rises up for Gap filling.
Please mention: 30% in a few weeks.
Wait until first Gap ist Closed, then go short.
NFLX AnalysisPrice has filled most of the gap from April 2022. We see price is on an uptrend with shortening of the up waves, indicating exhaustion of this uptrend. I'm expecting price to mitigate the bearish POI at 331.62 before going lower.
NFLX- Ascending Wedge Pattern Setting up Bearish SHORTNFLX has been in an uptrend and quite bullish and relatively strong
on the 2H chart an ascending wedge pattern is seen.
Moving Averages confirm the present trend as bullish with no crossovers
and the price above all of them.
Given the ascending wedge I will take a small position now at the trendline
resistance as a swing short. I will add to it if/when price breaksdown
below the green trendline support and the fast moving average crosses
the intermediate moving average as well as a line crossover on the MACD
or bearish divergence on a RSI indicator.
#Netflix Rising wedge with Bear divs. Get shortNetflix has a rising wedge that looks pretty much complete. We are at the high side of the pattern. STO is high so lots of room to fall. 5 bearish divergences showing the new highs are weak. Worth a short position.
Volume is insignificant compared to the volume spike on the first high.
RSI is 64 and is weaker on each new high. Buyers are running out of steam. Sellers are taking over.
Stochastic is 83 so we have topped out with plenty of rom to fall.
Target 1 = 250
Stop Loss = 345
Line in the sandLooks like we have reached the line in the sand. Short as long as we are below the blue line.
NFLX quick move downlooks like we see some rejections ! let's see if we can catch a downside move Monday !!!
NFLX Simple Chart AnalysisNFLX if you notice the drop was almost near to the support we draw before. It rebound & will continue to move towards a higher area here. Red chip are growing too.
Anything below 249 area will be an exit.
NFLX is looking like a short!NFLX has been running hot for awhile now, with CPI and JPOW decision next a pull back sound perfect for bears!
Bearish on NFLX, holding a Put Option for Next Friday Dec 16Rejected at the top of Previous Gap + top of Channel Trend & Shooting Star candle pattern on the Daily chart.
NFLXNot an ideal set up here for a long, looks good af to short though..
Will do that here and labeled fib levels which could offer support.
Rising wedge in the works here and 300 looks at least to be tested soon.. possibly below that if the formation breaks down.
