Netflix seek for glory old times?In daily tf netflix stock can go up to $366~$398.
after that $298 zone will be the first support.
NFA
NFLX trade ideas
$NFLX - Netflix Bullish TradeGoing to back to the last Netflix chart added. Netflix was down over 50% from it's all time high. RSI hit oversold levels that it hadn't seen since 2011.
Stock price is back to levels it was in March 2018, before the surge in customers added during the pandemic and before it's most recent price hike in subscriptions. Netflix releasing an add based subscription at a discounted price. Dollar cost averaged way in to an average price of $251 a share. Current target $333 but may hold on for the long run.
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Netflix - NFLX - Catalyst for momentum to fill next Gap?Netflix - NFLX - we are expecting Netflix to fill the next Gap over time. Netflix earnings may be the catalyst to get Netflix to the next level. NFLX always seems to win over time. Are you planting financial seeds into NFLX?
$NFLX Trying to Break above Horizontal ResistanceThe concept of polarity suggests that there will be resistance where there was support earlier last year on this weekly chart of Netflix.
The GoNoGo Trend indicator blends the foundational concepts of technical trend following to paint the price bar according to strength of trend. Currently we see that after rallying from the 2022 summer lows $NFLX is in a "Go" trend painting strong blue bars. GoNoGo Oscillator tells us that momentum is positive and so in the direction of the "Go" trend having recently found support at the objective zero level. We will watch to see if this gives price the push it needs to climb above the resistance we see on the chart and set a new high.
NFLX Netflix Options Ahead of EarningsIf you haven`t bought the dip:
I think now is the time to sell once again.
Looking at the NFLX Netflix options chain ahead of earnings , I would buy the $300 strike price Puts with
2023-1-20 expiration date for about
$5.40 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion about it.
Netflix above 250 target closing the gap to 330stop should be near lows at 240+-
look at the price pattern that's changed since the drop down from April 2022.
Earnings AMCToday.
Channel up.
Suspicious W.
Close to R from a prior gap down
I will not venture to guess the outcome but I do not think I will buy this today and I may or may not be sorry for this decision. I got out a few weeks ago and I need to respect my decision.
Call me chicken )o:
No recommendation
NFLX DOWNSIDE SENTIMENTAttached is my chart with annotations on where I believe the price action is headed. My bias is to the downside, even if the price action gaps up into the dominant supply zone(s). I believe we will see a decline in subscribers and we may finally hear about some new features where NFLX will be adding additional fee's for AD vs Non-AD subscription plans to help generate more revenues.
We will see how this plays out and I will be interested to see how the markets react into the close of the day. Remember it's about "how the markets react" and not so much "why is price doing x, y, z".
NFLX 3-4 year trade idea.I have an algorithm to propose to Netflix, if you hit my marked buy-zones, then I will own shares in Netflix. (actually that's a little joke, I am a little tied up and probably can't buy any shares until next year, but gotta keep in practice!). I actually feel like both of these marked zones are good places to invest in Netflix, my main zone represents the valuation of NFLX in 2017, so that's going back a way. However, considering the recent market saturation of streaming services and various prevailing economic factors and risks present at this time, there is a small chance we see the lower marked area. IF the market pushes NFLX to the lower levels, i may just have to sell my comic book collection to buy some Netflix shares, after all they have the first mover advantage going for them against all the newer streaming services, and I even like some of their content to boot. Best of luck, Ryan.
Netflix Earnings Netflix has earnings this week, this is a mark up of current price to kind of see where it is at closer to Friday when earnings release. if in same area the green lines are the target. based off of 1 hour tf, and strat ghost taught us.
NFLX ShortPerhaps the earnings on Thursday causes this to break to the upside with a surprise, but the technical indicators are suggesting a drop which could bring us to the $285 range. Should this break lower we could see the $150 range again.
While I understand there are several analysts predicting a bullish run with NFLX, it would not be a rusprise to see this move dowards in the near term.
(This is not financial advice, it's strictly personal perspective)
Netflix: Continue Watching 🍿Bring on the Popcorn! The Netflix stock continues to rise and should finish the turquoise wave A soon. Once completed, the stock would fall into a correction until the course drops below the support line at $252.06 and wrap up the turquoise wave B. Once the stock hit its corrective low, the course can start an upwards trend to climb further North in the longterm.
Netflix approaching area of interestNetflix approaching area of interest (high of the post user-surprise gap)
Good area to consider a short with a tight SL
R/R is good in my opinion
$NFLX Incoming Short I am looking to go short around this area for a multi-day swing... Just need to wait for rejection confirmation off this lvl if not then $350
Inverse Head and ShouldersThis Inverse Head and Shoulder's structure is similar to the one on SPY (although it's also a bear pennant breakout).
I see potential upside in both for this and next week.
Targets for Netflix:
Price target - around 324.
Stop loss - around 300.
Netflix: Breakout, or Range? My advice... WAIT. Here's why.Here's a free signal from our strategy, yet my advise is to wait for the simply reason that earnings are due this week. As trend traders we try to avoid crazy volatility as much as possible, and simply ride the wave when it comes. Netflix price is at a strong resistance level, and can easily be rejected and form a range bound market.
However! If you wish to take the chance to go long, you are free to do so, as long as you keep your risk at MAXIMUM of 1-2% of your equity. And when you lose, do not revenge trade or fomo into markets... just close the charts for a day or so. Risk management and discipline determine the success of any good trader. So in this indicator, you will see that the recommended stop loss price level always equates to a max of 2% per trade.
Hope you learned something, and as always, trade safely.
$NFLX Short Idea$NFLX filled gapped, overbought, into VIX seasonality is recipe for a potential short opportunity
NFLX Short into EarningsNetflix on the 4hr and 1D is overextended in RSI, there is a bearish divergence on the RSI, and NFLX is at a huge resistance point going into earnings. Take it for what you will.
