Scalping & Mid-Term Analysis for Netflix Market Overview:
Trend: Netflix is in a strong uptrend, making new highs with bullish momentum.
Key Levels:
Resistance: ~$1,075 - $1,100
Support: ~$1,045 - $1,050 (weak), ~$1,020 - $1,000 (stronger)
Indicators:
MACD: Bullish momentum remains strong but shows early signs of slowing.
EMA: Price is well above 9 EMA & 200 EMA, confirming bullish dominance.
RSI: Overbought (76+), signaling possible consolidation or a short-term pullback.
🔥 Scalping Strategy:
🩸 1. Range Scalping (Short-Term Play)
Why? NFLX is at new highs, making a pullback before continuation likely.
How?
Buy near $1,045 - $1,050, targeting $1,070 - $1,075.
Sell near $1,075 - $1,100, as profit-taking might trigger a pullback.
Stop-loss below $1,040, to protect against deeper corrections.
🩸 2. Breakout Scalping (If Volatility Kicks In)
Trigger: A breakout above $1,100 or breakdown below $1,045.
Execution:
If NFLX breaks $1,100, scalp long targeting $1,125 - $1,130.
If NFLX drops below $1,045, scalp short to $1,020 - $1,000.
🩸 3. EMA Scalping
Why? NFLX is holding well above 9 EMA, making dips to EMA good long entries.
Execution:
Buy pullbacks to 9 EMA ($1,050 - $1,055) if price shows strength.
Short rejection of $1,075 resistance with confirmation.
🔥 Mid-Term Trend Forecast (1-3 Weeks)
Bias: Bullish → Cautious
Why?
Strong uptrend intact, but RSI is overbought—pullback likely.
If NFLX consolidates above $1,045, expect a push to $1,100+.
Failure to hold $1,045 could trigger a retrace toward $1,020 - $1,000.
Bulls need a clean breakout above $1,100 for further upside.
🔥 News & Market Context:
Tech stocks leading, NFLX benefiting from sector momentum.
No major bearish news, but overbought levels suggest a cooldown soon.
Volume remains strong, meaning dips could be bought quickly.
🔥 Decision: Enter or Stay Out?
🩸 Short-term: Scalping long on dips is valid, but avoid chasing new highs.
🩸 Mid-term: Bullish unless NFLX loses $1,045 support.
🩸 Ideal Play: Buy dips at $1,045, scalp resistance at $1,075, and watch for a breakout.
👑 Final Verdict:
NFLX remains strong, but overbought. Holding $1,045 → $1,100 next. Losing $1,045 → $1,020. 🔥