NFLX AnalysisPrice is playing out as analyzed last week. We do see volume picking up at the bottom of this down move. My expectations are unchanged, expecting price to mitigate the bullish POI at 266.08 before going higher.
NFLX trade ideas
$NFLX next target $148$NFLX just rejected resistance in the $300 for the second time and has fallen back below. It looks like price has formed a rising wedge of sorts and upon a breakout fo the structure, would see a breakdown to the $250 range.
However, I don't think that will be the low as price has never tested that $250 support. I think it's likely that we'll break that support area and take out the previous lows ~$170ish before bottoming in the $148 region. Let's see how it plays out.
NETFLIX $360+Looking at the daily chart of NFLX we see the Ichimoku Cloud is showing us signs of an uptrend. As price is above the cloud we can see the green is on top of the cloud and the red is now on the bottom. For NFLX to continue this trend we need to see it bounce of the green lines of the cloud... As we did not hold the red line (Kijun sen)... It is now expected for NFLX to fall to the next support level which the green line of the cloud acting as support.
NFLX Could Retest 200 MAThe overall market looks bearish and from the chart, it looks like it will retest 200MA at ~$260
NFLX ShortIn downtrend, bounce back to Supply Zone
Trendline break
Earning 7/18/2022 Estimate 3.00
Short 196
Stop 208
Target 130
Risk management is much more important than a good entry point.
I am not a PRO trader.
In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
NFLX Time To Buyafter the rejection of the price at the level of the golden zone of the Fibonacci between 50 and 61 with an engufling candle we will see an increase in the price
NFLX Put, Dec 2nd or further out; waiting for the break of $280Waiting for NFLX to break below $275~$280 for possible put option. Downward divergence (candles made higher high, STOCH RSI made lower high) + Resistance found around $295~
12/9 Expiration, Short Iron Condor Idea
+1 $330 call 12/9
-1 $325 call 12/9
-- --
-1 $250 put 12/9
+1 $245 put 12/9
Credit TBD. I will update if I get a fill tomorrow 11/25. The plan is to try for $75 credit and go from there (looking for something along the lines of 6:1 risk:reward).
High risk, low reward trade.
NFLX AnalysisPrice played out nicely respecting all the bullish POI as per my previous analyses. Following the order flow, I'm expecting price to mitigate the bullish POI at 266.08 before continuing higher.
NFLX (Going Long Here)Out of my short currently, wont be trading any more this week due to family and thankgiving. I hope your puts treated you well. Will be entering long here due to the cross i could see about 298. Lets see. Safe trading as always. Happy Thanksgiving.
NFLX Long positionAs per my analysis NFLX is making HH and HL we can take an entry from here until next Resistance
Buying NFLX break higher.Netflix - 30d expiry - We look to Buy a break of 306.01 (stop at 279.87)
Short term momentum is bullish.
Short term RSI has turned positive.
A break of the recent high at 305.52 should result in a further move higher.
305.52 has been pivotal.
In our opinion this stock is undervalued.
Our outlook is bullish.
Our profit targets will be 368.68 and 378.68
Resistance: 306 / 330 / 370
Support: 290 / 280 / 252
Disclaimer – Saxo Bank Group.
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My #NFLX Analysis (Levels)Still Neutral on NFLX, Going to see what it does today for possible either way. Let me know your thoughts on NFLX.
Past Performance says more redHey Guys, another update on my short. I am still short, quite so, don't have any aspiration to exit yet. As you can see, we are falling. Very much so at quite a fast pace. My main pt is 260 which can only be achieved if we break the dotted red trend line. Safe trading to all!
M?Too soon to tell for sure but it does look like an M pattern is forming.
This pattern could take this down a notch or 2 or even 3.
Peak 2 will be higher than peak 1, which narrows down the choices in the harmonic pattern arena.
Earnings in January.
Short interest is around 2.78%.
No recommendation.
Predicting the future using the wolfe wave in Netflix?$NFLX The wolfe wave indicator is increasing in popularity as we continue to see more people using it and enjoying the results. NFLX has been traded aggressively in long puts and has done extremely well using the wolfe on shorter time frames. Now there is a massive setup for a gap fill down to 249 before filling any of the gaps above. The gaps that are above 300 will likely fill on the next earnings run up mid December or early January 2023. Be cautious of any dump first week of January 2023, which we would consider as a buying opportunity into earnings. Markets will pump and then dump.
Last week, there is a daily wolfe wave setup that triggered on Nov 16. The projected target is calculated by extending a linear line between pivot 1 and 4 and projecting the line. This is represented as the red perforated line, as shown in the chart. The projected target is around 252 but keep in mind the gap is at 249. I hope all of you bank on this!
NFLX Short UpdateHey Everyone, as the conversation of PM green tomorrow came up i decided to use this as an opportunity to double down on my short position. PT is around 270. Good luck everyone
Nflx looking bearishLooking bearish into next week, bearish moving averages. The only thing that worries me is the bullish flags, any more of those and im out. Looking at swingingthis into december
QuickTrade 185 : NFLXIn case of break...
Long, looking for another step to close the gap left open
Short, looking for a test of the 50h
Wait for the bluelineThe power is in your hands investors so stand proudly and take back control. Keep the selling going to the Blue line and do not buy any more until they agree to terms. There's been no changes and everything has been the same for years. Need better quality of entertainment and up-to-date movies and TV shows. Waiting months and sometimes years for a listing of movies and TV shows that are old and not up to date or complete. It's not losing subscribers just because of the pandemic. It's losing subscribers because of simplicity and poor marketing. Outdated and needs an overhaul on features.
Don't lose your money investing in Netflix for a while
