NFLX triple topping todaySo NFLX is hitting a triple top on the 2 hour chart, not a good look. ^Definitely seems like a triple top^Shortby cbenedetto10Updated 553
$NFLX with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $NFLX after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 100%. Longby EPSMomentum1
NFLX closing the Gap Just not the one at 330.. Unless you truly believe this bear market is over! Wait for a rejection And bearish candlestick pattern.. Should come sometime next week when tech earnings is over Shortby ContraryTrader7
NFLX double toppingNFLX is looking for a pullback after the big jump post earnings. In my opinion it seems like NFLX is overbought and forming a fairly big double top. Shortby cbenedetto10338
Netflix Ready To Recover FurtherFrom 2007 to 2022, Netflixβs subscriber base grew from 7 million to 221 million, nearly 3,000%. Netflix is ββknown as one of the pioneers of mass streaming of audiovisual content. Founded in 1997, Netflix began as a mail-order DVD rental company. One of the co-founders, Reed Hastings, told Fortune magazine that he got the idea for Netflix after being overdue a $40 charge for a VHS he had rented. By 2007, Netflix had grown from a relatively modest DVD rental company to a groundbreaking subscription-based streaming service. While there were few other streaming platforms at the time, Netflix had a significant first-mover advantage, operating on a subscription model and acquiring a wide range of distribution rights from different studios. This allowed the company to grow quickly and establish itself as an industry leader. The service has become so powerful that the word βNetflixβ is now synonymous with watching a movie or TV show. But while itβs one of the most recognized streaming platforms in the world, has it managed to maintain its dominant position in the industry now that more competitors have entered the fray? In April 2022, Netflix shared its first quarter results that showed a loss of 200,000 subscribers. Although just a fraction of its 200+ million subscribers, it was Netflixβs first subscriber drop in more than 10 years. This sent the companyβs share price below $200, the lowest since 2017. As of October 10, 2022, its share price is still at $230, over 30% below the pre-announcement. But change for the company is on the horizon. Netflix announced plans to launch a cheaper ad-supported service in November β something other streaming platforms like Peacock and Paramount+ have already been offering customers for a few years. As the chart shows, Netflix after a huge upward movement to 700.99 dollars with a top of a five wave sequence that was reversed by a sharp five-wave drop, so we see that as wave (A); still only one leg of a higher degree weakness. Now the stock will reach higher prices since it is within a (B) wave of a zig-zag pattern as of an (A) β (B) β (C). So, we can see lower lows in the long-term, ut before that we may see rally into 360-400 area.by ew-forecast8
NFLX AnalysisPrice did not play according to my previous analysis. Price has filled the gap and is very overextended right now. I'm expecting price to do a bearish retracement into the bullish POI at 230.44 before continuing higher.Shortby Keeleytwj2
NFLXGot back in puts today. Find it hard for this to rally too much in a still rising rate environment. Rejecting VWAP from ATH as well (h/t Brian Shannon). Looking for the gap to fill at minimum (~$250ish).Shortby Essendy3
NETFLIX - personal opinion Hello everyone,ππΎ π£Here again Rom with a personal opinion, All traders have experienced the frustration of being βthe last one to the party.β Missing the run. And I think an opportunity has been created here, quietly and slowly. I don't think it's necessary to introduce Netflix, The big streaming company. NASDAQ:NFLX Company data β Market Cap 108.28Bπ° P/E 22.54 Income 4.84B Sales 31.03B JP Morgan Target Price $240 β $330π₯ Deutsche Bank Target Price $270 β $350π₯ πNetflix has stopped losing customers, after struggling to hold on to them in the face of competition and pressures from the rising cost of living. The streaming giant said it added 2.4 million households to its subscriber base over the July to September period. That reversed the losses it suffered in the first half of the year after raising its prices in key markets. Hits such as Stranger Things and Monster: The Jeffrey Dahmer Story helped draw viewers back to the site. "After a challenging first half, we believe we're on a path to reaccelerate growth," the company said in a letter to investors on Tuesday. The company said it expected to continue to add subscribers in the coming months. It is also rolling out several changes intended to restore its fortunes, including launching a less expensive option with adverts next month. Those who want to be exposed to the stock indirectly can do so through the following ETF:π² Ticker_____Fund Name _________________ # OF SHARES QQQ _____Invesco QQQ Trust_________________ 6.46M SPY ____ SPDR S&P 500 ETF Trust____________4.83M IVV _____iShares Core S&P 500 ETF ______ ____3.96M VOO____ Vanguard S&P 500 ETF______________3.49M VTI_____ Vanguard Total Stock Market ETF____ 2.96M More content, follow me, express your opinion, and share me.ππΏ β οΈ__π§___π§___π§__π§___π§__π§_π§__π§__π§__π§__π§_π§__π§__π§_π§__π§_β οΈ There is no recommendation for buying or selling or any action in the stock, I am not an investment advisor and publish this article as a hobby only. Everyone has to perform risk management on their own or contact an investment advisor with a license, I don't have one. Investing in the stock market involves risking your money!βοΈ have funππΏ Longby ROMLUCK5
Netflix destroyed slowly until someone buy the companyNetflix destroyed slowly until someone buy the company And stop supporting gays. Itβs now in second wave that targeted 36$ after that we will see big pump in it. This analysis for long-term.by BREAK-impossibleUpdated 101065
NFLX breakout on earnings πdrop boost n follow for more! :) nice break past resistance zone, may see continuation to 300-330 or so in next few weeks ! lets see what happens. also I'm not really surprised by the beat, a friend asked me about my opinion on the ER yesterday, my guess was the guidance they gave was so bad they would have a big beat and rally lol.. lets see if this is the start of a bigger netflix rally πLongby Vibranium_Capital4427
Entry Points in NFLX Ahead of EarningsPlatforms ahead of earnings is an important pattern to watch for. Platform-building markets develop on the dominance of institutional investors buying quietly with controlled orders via the Dark Pools. NFLX has a classic "quiet accumulation" pattern, also known as a Dark Pool buy zone. These platforms provide strong support for the bottom formation, especially since this was a breakaway gap. Longby MarthaStokesCMT-TechniTrader6
Netflix looking good, bullish break from flag formationNetflix seems to be covering one of the worst crashes of 2022. The stock has been hammered down, in my opinion extensively. The company appears to be on the verge of turnaround thanks to an increased subscriber count. From a technical perspective, we can see ok looking bull flag pattern on the daily chart. What makes stock attractive is that fundamentals are pushing the move for the stock. Longby Henrythemaestro1
Guilt Yield seller. NFLX STRONG DAY Lockheed Martin, Netflix, Tesla, Bank of America see positive notes on earnings. Multiple investment firm banks give positive sentiment on investments. Longby AnthonyNelson2
NETFLIX +15% near the 1D MA200 for the first time since January!Netflix (NFLX) had its highest daily opening in over one year, rising so far +15.21% form a 240.86 close yesterday to a 277.50 intra day peak. This is of course a fundamental move due to the big earnings surprise yesterday (3.1 EPS against a 2.18 forecast). Technically, this brings the price just below the 1D MA200 (orange trend-line), which has been untouched since January 05 2022! A break above it has to be backed-up by new fundamentals though as there is a strong Resistance Cluster formed by both the 0.382 Fibonacci retracement level and the top (Higher Highs trend-line) of the Channel Up that started in mid-May. If that rejection occurs, then buying again on the 1D MA50 (blue trend-line) would be the most optimal low risk strategy, targeting just below the 0.5 Fibonacci level at 330.00. Further long-term buys can be taken, in our view, only above the 0.618 Fib which is the top of the High Volatility Zone of January - April 2022. P.S. Check our previous analysis on Netflix in an attempt to price a good long-term buy. Has been working out very well so far: ------------------------------------------------------------------------------- ** Please LIKE π, SUBSCRIBE β , SHARE π and COMMENT β if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- You may also TELL ME πββοΈπββοΈ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! ππ ------------------------------------------------------------------------------- π π π π π π πΈπΈπΈπΈπΈπΈ π π π π π πby TradingShot2218
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 Longby tofinse1
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 accordinglyLongby cryptofikoUpdated 334
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 Longby Timonrosso6
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 $165 !by tradeswithkUpdated 3
NTFLX looking bearish? Quadruple top?So after this mornings rally its looking like most S&P stocks are overbought and overextended. I'm labeling this neutral because theres definitely a decent chance NFLX goes up but as the title says, my personal opinion is that it feels bearish to me. NFLX just hit it's fourth top and is looking bearish on the hourlies heading into it's earnings this afternoon. (at least as of right now at 11am est) Earnings are probably more important than the chart technicals though for price momentum and sentiment, so if earnings are good it's most likely breaking the resistance. As of right now though it seems to be overextended and due for a big pullback. Markets extremely volatile right now so trade safely, trade only what you're able to lose, and trade with the trends.by cbenedetto10Updated 443
SHORT | NFLXNASDAQ:NFLX Possible Scenario: SHORT Evidence: Price Action TP1: 211$ 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. Shortby shkspr443
my day trade plan on NETFLEX.Disclaimer: I do not give solicitation to buy or short == 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. Long02:07by Composed_Trader1
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 chartby JerryManders111117