$NFLX shortNetflix was unable to go for higher high and sellers are coming in strong .
Short now 12.06 R/R
NFLX trade ideas
NETFLIX: This rebound isn't a buy opportunity.NFLX is staging a rebound on the 1D MA50 on a marginally bullish 1D technical outlook (RSI = 56.295, MACD = 4.710, ADX = 36.125). We don't consider this a buy opportunity as even if a slightly HH is made, the 1D RSI is showing a Bearish Divergence on a Channel Down, the same kind of bearish pattern that started the bearish waves in the two HH prior. Consequeantly we expect a pullback to at least the bottom of the Channel Up (dashed) or the HL trendline (which will be -25.25% from the top) depending on when the 1D RSI crosses under the 30.000 level (oversold), which was the buy trigger on the last two bottom opportunities. We have a long term TP = 550.00.
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Looking for a serious trader who knows how to code. One single alignment happened exactly the same on these stocks at these points
I know now to trade, dont know how to code
And knowing nothing signifcant can happen doing all this on your own, I;m seeking someone serious about making a few of these.
I have other techniques tha beat every money manger ib the country.
But just this simple one is maybe the best Ive seen in 30 years.
NetflixNetflix has clean impulse to the downside with the WXY correction complete.Netflix should continue down ideally into the 67 zone.
NFLX AnalysisPrice played out nicely as analyzed last week, giving us a -5.14% move to the downside. As the target for the bearish retracement is not yet hit, I'm expecting a further bearish move to the bullish OB at 460.50, or to the the bullish OB at 418.84 in the coming days.
NFLX AnalysisPrice consolidated since my last analysis. Nothing changed so far. I'm still expecting price to continue lower to the discount level, potentially mitigating the bullish OB at 460.50 before continuing higher following the bullish order flow.
Sell 491 sl 498 tp 240As price hit resisrence area and rising wedge expect drop on way pls like for support thank you
Cup and handleNFLX has formed a nice C&H on a rising trend. Based on the leading edge of the cup to the bottom, should expect about a 12% rise from here.
NFLX AnalysisPrice playing nicely to my last analysis. Right now, price has taken the clean highs at 485.00 where I'm expecting a bearish retracement, potentially into the bullish OB at 418.84. However, we do see a new bullish OB created at 460.50, which could be an area where price continues with the bullish order flow.
Netflix in large Cup and Handle PatternNetflix appears to me to be completing a large cup and handle pattern. The initial peak of the cup appears at a price level of about $485 while the base appears to be at a low of $345. This price difference is $140, so I suggest the possibility that a new price target for NFLX should be at $625.
The handle has just been broken in the upward price direction and I am trading this to that price target unless invalidation occurs. I am watching for the stock price to hold the $485 support that was once previously a resistance to confirm the trend and avoid invalidating the technical formation.
$NFLX: Huge long term signalVery nice signal popped on close in the last quarter in Netflix, upside gives it between 9.2 to 1 and 55 to 1 reward to risk, if the targets the Time@Mode signal projects are reached.
I suggest having some long term exposure to it, consider risk of a drop under 332.65 or a bit more, for sizing it, and that you need to hold until late 2026 perhaps.
The password crackdown and paying userbase growth is a nice catalyst here, and though competition is a risk, they seem to be doing well in increasing profitability for shareholders over time despite the many challenges of the streaming biz.
Best of luck!
Cheers,
Ivan Labrie.
Netflix reaching 500$ !Hello,
In one of my previous posts, I shared an idea about NITFLIX reaching $500 or even more in the next few weeks. Now, we have confirmation of that! There is a high probability that this stock could surpass $500 this week.
Ibrouri
Netflix doubling from here - $1000See you at $1000 mid 2024 on Netflix!
Crazy explosive bull run incoming!
NFLX ideaAfter years of charting I am sharing my first chart. I think it is self explanatory. Red lines are down Grey lines below are possible resting points for price. Depending on world status the price may break the lower red line. Started short positions after last earnings.
Netflix Holds a Tight PullbackNetflix rallied sharply between mid-October and late November. Now, after a pullback, some traders may expect further upside.
The first pattern on today’s chart is the September closing high of $448.68. NFLX held that level last week. Has old resistance become new support?
Second, the price area matches a 50 percent retracement of the trendline breakout that followed our last idea on October 31 .
Third, the 8-day exponential moving average (EMA) has remained above the 21-day EMA. That may suggest the short-term trend is pointing higher.
Finally, stochastics are rebounding from an oversold condition.
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NetflixDue the high interest rate (5,50%) and the debt of Netflix and the Haxel strategy, I can see that netflix can go down to 2024.
Be patient with NFLXThis is why I'm taking a cautious and patient approach with NFLX on my watch list.
On a bigger picture we are technically still in a downtrend from the ATH drop of NOV 21'. And this last year rally is potentially just a huge bear flag.
There are notable gaps to be filled in both directions from here.
$460-$465
$481-$509
$392-$354
$481 plays a huge key level as it previously acted as a strong support and recently resistance. A break and hold above this level can see a push to the gap fill. This slight pull back out of an overbought scenario on the RSI can be just the launch pad we need to see this gap fill.
At the same time, price has space to move in either direction.
Thoughts?
Trade responsibly, pure speculation.
Netflix next move Netflix already breakout going for possible retest,am already in this trade, am just gonna layer more positions while am heading to my target zone
$NFLX Inverted Cup And Handle NASDAQ:NFLX I Found a Cup And Handle for you. My 1st target for next week would be 434ish area. Also tomorrows NASDAQ:AVGO ER should have an adverse effect on the market tomorrow along with eco data. It will be an interesting Thurs and Fri
NTFLX is Bullish .Weekly overall analysis shows that a continuation is still @ play to complete the structure to mitigate awaiting orders at premium zones to short the Markets.
Happy trading.
NFLX to Maintain Short-Term Range Bound Between 420 /480Analysis of Netflix (NFLX) Stock
NFLX appears to face a formidable resistance hurdle at 480, making it challenging for the stock to maintain levels above this threshold in the short term. This situation potentially sets the stage for a short-term reversal. In the event of such a scenario, investors might anticipate a bounce-back or rebound around the support levels of 420 and 436.
Netflix (NFLX) is currently encountering significant resistance around the 480 mark, indicating a challenging zone for short-term establishment above this level. Over the next six months, key support levels are anticipated to be within the range of 340 and 380, providing potential areas where the stock might find stability during downward movements.
For December 2023, the expected support levels are specifically noted around 420 and 436. In the event of a short-term reversal, it's likely that NFLX could experience a rebound within this range.
Looking at price targets, the projected target for NFLX in 2023 aligns with the resistance level at 480, while the forecast for 2024 suggests a target of 700.
NFLX overbought, will rebound before breaking ATHNetflix loosing momentum and is likely to rebound to fibonacci levels before breaking the ATH. A rebound on the quickest Moving Average 38D will most likely trigger a breakthrough, while a rebound on the second quickest Moving Average 100D will recouchér back down up until recent down levels - Netflix would enter a sideway zone.
A rebound is prone to happen due a long-time overbought indication on the RSI.
