68/100Q3 earnings show great results
price above VWAP and price open gap up 10%
i wait 30% fibo. retrace to entry to follow this up momentum
NFLX trade ideas
NFLX (Netflix long)The price is consolidating around $ 224 -248. Within these prices, you can buy and put a stop on the uvron 220 or slightly lower.
For full confidence, you can enter into a deal when the price is fixed above $ 248.
Take profit from 260 till 320$.
Friendly reminder, any large caps you trade do watch SPY and QQQ for macro direction and adjust your trade plan accordingly
Netflix and rally to $338.39Cup & Handle formed on daily.
Gap close is likely.
RSI broken above 50 and out of the downtrend (Bullish momentum)
Target $338.39
Concerns:
Moving averages are still down
200 > Price.
Overall downtrend still evident
Bias- bullish
NFLX > $253 | NFLX < $215Very interesting move by NFLX today !
Technically broke that multimonths trendline from lat year, and havent fail the levels eversince!
LONG signal should triggered on the break of $253 , or else Bear going to hit the TP2 at $165 !
NTFLX looking bearish? Quadruple top?So after this mornings rally its looking like most S&P stocks are overbought and overextended.
I'm labeling this neutral because theres definitely a decent chance NFLX goes up but as the title says, my personal opinion is that it feels bearish to me.
NFLX just hit it's fourth top and is looking bearish on the hourlies heading into it's earnings this afternoon. (at least as of right now at 11am est)
Earnings are probably more important than the chart technicals though for price momentum and sentiment, so if earnings are good it's most likely breaking the resistance. As of right now though it seems to be overextended and due for a big pullback.
Markets extremely volatile right now so trade safely, trade only what you're able to lose, and trade with the trends.
SHORT | NFLXNASDAQ:NFLX
Possible Scenario: SHORT
Evidence: Price Action
TP1: 211$
TP2: 195$
TP3: 165$
*Today is the earning day, and I expect a 20% haircut. Let's see.
My idea is based on price action, not ER; ER accelerates it.
my day trade plan on NETFLEX.Disclaimer: I do not give solicitation to buy or short
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I cover various stocks which can be profitable based on the stock charts and technical indicators. I try my best to explain as detailed as possible but your feedback is also appreciated
Before you enter a trade , one must learn how to master the charts as Stock charts play a big role in deciding when to buy or when not to buy. Technical Trading help in predicting price movements and have a risk management. Stock trading is like any other business and must be taken seriously. Lot of people lose money because they don't educate themselves and end up placing trades blindly which results in big losses
Stock charts is the major component day traders, swing traders, core traders use. Times and technology has changed and if you cannot adapt to the new methods , there is a high chance you will be left behind
Millions of shares are traded now using desktop , laptop or gadgets and stock charts is what majority of traders look at.
So , if you want to be a daytrader , swingtrader or coretrader learn how to read and interpret charts. There are lot of great books out there like Thomas Bulkowski's Encyclopedia of chart patterns and Steve Nison Japanese Candlesticks interpretation
Having someone experienced can also cut the learning curve time for a new trader. Trading does take time and with discipline , hardwork , dedication and most importantly Passion for this needs to be there.
NFLX likely trajectoryExpecting post Earnings pop to 268-272
Then pullback to 230s, followed by gap fill (on the daily chart) to around 335 by December 2022. Goal target is 494 by May 2023
Major accumulation since completing the expanded flat shown on chart
NETFLIX - BULLISH SCENARIO (NFLX)Netflix Inc NASDAQ:NFLX is expected to report earnings of $2.18 a share on revenue of $7.8 billion, and analysts will be looking closely at subscriber numbers as the streaming pioneer prepares to roll out a less expensive paid ad tier. Demand for cheaper streaming options in developing countries is looking like a good niche to be filled by the giant. The earnings report is being released on the 18th Oct.
Analysis-Big probability of a reversal trendHi..As you see on the chart we will a big probability of a reversal trend after the breakout with force the vwap and the resistance line by a big green candle with a large green volume. But, we can have also a continuity of a downtrend if the support line is broken with force by a big red candle with a large red volume.Thanks.
NFLX Potential for Bearish Continuation | 12th October 2022On H4, with the price moving below ichimoku cloud, and RSI is showing a descending trend, as well as breaking the support line, we have a bearish bias that the price may drop from the sell entry at 212.72, which is in line with the 50% fibonacci retracement to the take profit at 163.08, where the previous swing low is. Alternatively, the price may rise to the stop loss at 246.14, which is in line with the previous swing highs.
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NFLX AnalysisPrice playing out as analyzed over the past few weeks. Price did not take the highs at 251.99 and broke market structure to the downside. I'm expecting price to potentially target the bullish POI at 190.21 before we see any bullish retracement.
NFLX PutNetflix is giving another opportunity to short here.
Entry: $232-229
1st Target: $222
2nd Target: 218
NFLXMultiple rejections at weekly supply zone. Typically, the more touches, the more likely it is to break. In this case, however, it appears to be holding. I have puts for now. Earnings next week.
Analysis-Big probability of a downtrendHello..As you see on the chart we will have a big probability of a downtrend after the breakout with force the vwap indicator and the support line by a big red candle with a large red volume. But we will have a continuity of an uptrend after the breakout with force the resistance line by a big green candle with a large green volume. Thanks.
NFLX - Seems to be holding Pivot..Breakout soon?
Held VMA and printed a big bullish candle on 09/28 ++
Now reclaimed 11 EMA and seems to be bullflagging on daily. ++
Has shown good resilience in weak conditions. If it breaks 252, will likely test 300 before ER.
selling Netflix The market will go down until the end of the year. the market has no reason to go up. the world is not doing good and energy prices is up the roof. cost of leaving is high and soon things will get worst and the market will fall hard!!!!
NFLX looking bearishA rough head and shoulders pattern forming inside of a potential double top.
Some other indicators are pointed out in the chart to raise probability.
NETFLIXYou can see NETFLIX is at the resistance box, I'd say it won't break it and it will go to 184$ nPOC, VAL level is the last support and below it we are looking for NTFLX to hit 140-150$ nPOC, there we can expect bounce.
NETFLIX AND CHILL? BEARISH DIVERGENCES FORMINGBearish Divergences forming on daily timeframe.
We expect the stock market to pull back in the next days therefore Netflix may retest the support one more time to build a strong base before filling the gap.
Be patient, wait for a pullback .
Buy low, sell high
NFLX Put Credit Spread for 10/7 ExpirationPut Credit Spread.
10/7 EXPIRATION.
$220 SHORT PUT.
$215 LONG PUT.
$70 CREDIT (filled 9/30).
$430:70, or 6:1 risk:reward.
NFLX can fall 6.5% from closing price 9/30.
