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.
NFLX trade ideas
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.
Netflix Could Be StrugglingNetflix has been trying to recover from a bearish gap on April 20, but now the bounce may have run its course.
The first pattern on today’s chart is the March low of $329.82. NFLX peaked near the same level in mid-December. Has old support become new resistance?
Next is the sharp drop on December 15 after Digiday reported weak advertising metrics. That dragged the streaming-video stock under its 21-day exponential moving average (EMA). The 8-day EMA proceeded to cross below the 21-day EMA three sessions later.
Third, is the broken ascending wedge. That could reflect a failing uptrend.
Finally, notice how the Relative Strength Index (RSI) made lower highs in November and December as the stock made higher highs . Such bearish divergence is another potential sign of exhaustion.
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NFLX Friday FundayJust a thought here, look at the head and shoulders prior... look familiar right just you know upside down i see. Rally is inevitable, PAY ATTENTION
then we can short again. Feel free to check my previous NFLX TA for the update on that.
Netflix Simple Chart AnalysisNetflix - Most of the US tech counter out there, this chart still solid for the time being. If US Nasdaq trigger its rebound, this might follow to try for a 2nd attempt resistance 332 area.
$100 NetflixNASDAQ:NFLX
Price has dropped out of an ascending wedge after 104% rally to fill the Post-Q1 Earnings Report Gap.
I'm expecting a big market drop, and Netflix might lead the way lower.
Keep an eye out for the upcoming Q4 '22 Earnings Report to serve as a potential catalyst.
The next available gap on the daily timeframe is right around the $100 price level.
Fat_Fat
Netflix - 20221224Going long because of bullish indicators
Bullish Indicators
1- HH & LH
2- Hammer Candle
3- Expected to Respect the Support at 268.19 because it's Fib as well
4- Parallel Channel
NFLXNot financial advice.
The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
NFLX TA for this weekOkay ill be honest there are several ways that this could play out so ill give a brief summary of all possibilities:
1) Daily rising wedge(Blue Line) along with a daily gap to fill (white box)
2)Mid Size rising wedge (White Line is the bottom)
Most important ones to watch short term is the gap fill on the daily and if break below bot the big and ,id size rising wedges will move further down to hit the demands(green lines) Frankly I would wait for more confirmations before entering a play on NFLX a month out puts would suffice or leaps.
NFLX SHORT TAThe h pattern is a pretty common pattern and noticing it early on is perfect. I’m not 100% as it’s already showing some rejection but all it needs is a little push and once that happens and it breaks . Game over
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.
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)
