NFLXHeaded to 900 next stop. And then I expect a correction back to trendline support or 750..
Rising wedge here and extended is an overstatement. I think the only stock more over at this point is $Pltr.
After we tag support again we'll either correct back down to 450 or bounce and rally up to 1000..
So
1st. Push to 900
2nd . Pullback to 700-750
3. Either correct harder to 450 or bounce into 1000
4NFLX trade ideas
$NFLX: Company OutlookNASDAQ:NFLX : Company Outlook
Expecting NASDAQ:NFLX to dip this week due to negative news from the Jake Paul vs. Mike Tyson fight and poor streaming.
I see 4 key zones for potential buyer interest after the decline. Just wait for the bounce and take the trade.
I'll keep you updated!
NFLX Long Trade - Riding the Wave to 4R and Counting!I wanted to share this exciting NFLX trade that’s been unfolding with strong momentum. My entry was guided by a signal from the WiseOwl indicator on the 1-hour chart, and it’s already floating around a solid 4R! As the trend continues, I’m trailing the position with EMAs to capture maximum gains while letting the trend ride.
📈 Why NFLX? This stock is showing serious bullish energy, with a steady market structure of higher highs and higher lows – the classic signs of an uptrend. Everything is aligning for continued upside, making NFLX a prime opportunity right now.
Watching a trade evolve in alignment with the market’s natural flow is what trading is all about! Remember, patience and disciplined trailing can often turn good trades into great ones.
Disclaimer: This post is for educational purposes only and should not be considered financial advice. Make sure to do your own research and consult a professional before trading. Trade smart and manage your risk!
Netflix (NFLX) Stock Hits Another All-Time HighNetflix (NFLX) Stock Hits Another All-Time High
The daily chart for Netflix (NFLX) shows that its price has risen by more than 10% since the start of November, setting a series of new all-time highs. Today, Netflix's stock price is trading above $830.
The bullish momentum is attributed to several factors, including stronger-than-expected Q3 earnings:
→ Earnings per share (EPS): Actual = $5.40, Expectations = $5.11;
→ Revenue: Actual = $9.82 billion, Expectations = $9.11 billion;
→ Monthly active users: Reached 70 million.
Additionally, as reported by Benzinga, investor optimism has been bolstered by expectations that Donald Trump’s pro-business tax-cut policies could increase consumer spending, particularly in discretionary sectors like streaming video.
Technical Analysis of NFLX Stock
The daily chart indicates that Netflix's price has been trading within an upward channel (blue) throughout 2024. However, strong bullish sentiment has pushed the price beyond the channel's upper boundary. This allows analysts to:
→ Construct a parallel channel of the same width above the initial one;
→ Build a steeper channel (black lines).
The price is now in a resistance zone (marked with a red circle), formed by:
→ The upper boundary of the new channel;
→ The upper black trendline.
These observations suggest the possibility of a correction after the explosive rally. The RSI indicator, which has reached its highest levels since January, supports this view. If a correction occurs, the price could test the psychological level of $800.
Analyst Predictions
Analysts continue to raise their price targets for NFLX. According to TipRanks:
→ Out of 36 ratings, 24 analysts recommend buying NFLX shares, while 2 suggest selling;
→ The average 12-month price target for NFLX is now $925, compared to $720 during the previous analysis on 10 October.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Netflix - This Is A 100% Probability Setup!Netflix ( NASDAQ:NFLX ) will continue its parabolic rally:
Click chart above to see the detailed analysis👆🏻
With this monthly candle, Netflix finally broke above the previous all time high and it about to continue the reversal triangle pattern cycle. We saw the same breakout back in 2013, when Netflix broke above the all time high and then started an even stronger rally of about +50%.
Levels to watch: $750, $1.000
Keep your long term vision,
Philip (BasicTrading)
Options Trading Advanced Series 1In this video, I dive into two advanced options trading strategies: the Long Iron Butterfly and the Short Iron Condor. These setups are designed to capitalize on sideways market movement. Using the TradingView Option Simulator, I demonstrate how each strategy works, discuss the potential outcomes, and share tips on optimizing them for better results.
#NFLX Targets for the Meltup in equitiesI have called a couple real big pattern moves on #Netflix
so on todays mega rally
I take a quick look at the potential price projections that may or may not end up occurring
I am not a guru or price forcaster
i just draw lines on charts like always
Your Risk
Your Reward
But i am someone who does highlight Risk i.e. downward prices when I feel/see that might be a possibility
Yes I know
this game is not easy.
Project Monday Strategy v2.0 gives a long signal on NetflixThis trading idea crated with Project Monday Strategy v2.0 (coming soon).
Entry Price: 757.58 USD
Preliminary Stop-Loss: 713.34 USDT
Preliminary Take-Profit: 870.79 USDT
The potential profit is 15%.
This strategy preset generates orders with following results during 6 years:
Net Profit in %: 5190%;
Percent Profitable: 49%;
Profit Factor: 3,16;
Max Drawdown: 18%.
Top 5 Weekly Trade Ideas #3 - NFLX LongNFLX is sitting at trendline support now on the 15m. Nice consolidation after the big earnings move, we should see a good move either way. For now I like the long side right in this area with a tight stop below. Could look for shorts on a retest if it breaks, but if not targeting the top end of this wedge/ATH.
all eyes on Netflix tomorrow Netflix is rejecting from major trend support zone ahead of earnings tomorrow, a bad report and we could see a dip into the major support zone around 540-587🎯
I personally canceled my Netflix subscription... always struggled to find a good show to watch so didn't see a point in keeping it. Anyways boost and follow for more! see you soon ⚡
NETFLIX’s Next Big Move: Massive Breakout Imminent?Technical Analysis:
NFLX (Netflix), on the 15-minute time frame, has set up a long trade with a strong entry at $744.60, supported by good volume. The breakout occurred above a consolidation phase, indicating market interest in a bullish move.
The price action is holding above the entry level, and the Risological Dotted Trendline is trending upward, providing a strong support foundation for the trade. This long setup points to a potential bullish continuation as Netflix approaches the following targets.
Key Levels:
Entry: $744.60
Stop Loss (SL): $715.10
Target 1 (TP1): $781.07
Target 2 (TP2): $840.08
Target 3 (TP3): $899.09
Target 4 (TP4): $935.56
Observations:
The breakout was backed by strong volume, reflecting confidence from the bulls.
Price is consolidating near TP1, suggesting momentum is building for further upside.
The Risological Dotted Trendline is trending upwards, giving strong support around $744, ensuring the trend stays intact.
Outlook:
Netflix's long trade setup shows strong potential for upward movement. With the support of the Risological Dotted Trendline and high volume backing, this trade is well-positioned to meet its targets. Watch for any pullback near $740, which could present another opportunity to re-enter or add to positions.
NFLX Netflix Options Ahead of EarningsIf you haven`t sold NFLX before that massive selloff:
Now analyzing the options chain and the chart patterns of NFLX Netflix prior to the earnings report this week,
I would consider purchasing the 730usd strike price Calls with
an expiration date of 2025-1-17,
for a premium of approximately $45.25.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Netflix (NFLX) Shares Hit Record High in Aggressive MoveNetflix (NFLX) Shares Hit Record High in Aggressive Move
Netflix (NFLX) shares reached a record high in a dynamic move. As shown in Netflix's stock chart, the price hit an all-time peak, with Friday’s candle closing above $760. This follows an aggressive rebound, given that on Thursday, the price had fallen below the psychological level of $700.
This sharp move created a significant bullish gap, with the difference between Thursday’s and Friday’s closing prices exceeding 11%. The catalyst for this surge in volatility was the release of Netflix's strong third-quarter results:
→ Earnings per share: Actual = $5.40, Expected = $5.11;
→ Gross revenue: Actual = $9.82 billion, Expected = $9.77 billion. Netflix also forecast a 15% growth in Q4 2024;
→ Free cash flow increased from $1.213 billion in Q2 to $2.194 billion in Q3.
A technical analysis of Netflix's stock shows a steady upward channel throughout 2024 (depicted in blue). Thursday's drop (marked with an arrow) appears to have been a bear trap, as the chart demonstrates the potential risk of short positions, which were anticipating a drop below the $700 mark into the lower half of the upward channel.
It is notable that NFLX has now reached the upper boundary of this channel. This may prompt investors to lock in profits, potentially slowing the bullish momentum seen late last week.
If a correction occurs, potential support could be found at:
→ Psychological levels of $725 and $750;
→ The mid-line dividing the upper half of the channel into two quarters (indicated by dotted lines).
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Netflix Hits Play on a New Rally as Shares Soar After EarningsNetflix just gave investors a new plot twist. After a brief pullback leading into earnings, the streaming giant delivered a standout performance, sending its shares soaring and reigniting momentum in its long-running uptrend.
A Strong Showing in Netflix’s Earnings
Netflix’s numbers comfortably beat market expectations. The company reported a 16% year-over-year increase in revenue, reaching $18.93 billion for the first six months of 2024. More impressively, net income surged 48%, reflecting both the ongoing strength of its subscriber base and successful monetization strategies, including its ad-supported tier. EPS grew by an eye-catching 62.4%, solidifying Netflix’s status as a key player in the streaming space. The earnings release reassured investors that Netflix’s growth story is far from over, leading to Friday's sharp rally.
Netflix’s Valuation Ratios Show a Premium
Despite its blockbuster growth, Netflix isn't cheap. With a forward P/E ratio of 33.6 and a price-to-free cash flow ratio of 48.1, the stock is valued at a premium compared to the broader market. But when you factor in projected EPS growth of 25.8% and its PEG ratio of 1.6, the valuation becomes a bit more palatable for growth investors. Netflix's return on equity of 31.6% and operating margin of 23.8% further demonstrate the company’s ability to turn its revenue growth into profitability, which goes some way to justifying the high multiples. Although the absence of a dividend may deter income-seeking investors, Netflix’s strategy is clear: reinvest in growth.
Technical Analysis: Breakout Backed by Volume
From a technical perspective, Netflix’s price action has been as compelling as its earnings report. Throughout 2024, the share price has carved out a strong uptrend, supported by the 50-day moving average. However, ahead of last week’s earnings release, prices pulled back to test this key level, and for a brief moment, it looked like the bulls were losing steam as Netflix broke below the 50-day MA on Thursday. But Friday’s price action flipped the script. After digesting the earnings beat, investors pushed the stock sharply higher, resulting in a gap up and a strong close near the day’s highs.
What makes this breakout particularly compelling is the surge in volume that accompanied it—confirmation that the move is likely to have staying power. Additionally, the RSI shows increasing momentum but remains below overbought levels, suggesting the rally has room to run before hitting resistance. Aggressive trend traders might look to ride this breakout, using shorter timeframes to manage risk, while others might wait for a pullback to the broken highs for a better risk-reward entry. Either way, the technicals suggest Netflix is far from running out of steam.
NFLX Daily Candle Chart
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