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NFLX trade ideas

Netflix, just another analysis.Have you ever wondered what happens when a growth stock, well, doesn't grow anymore? Netflix is, at the moment, just a few bucks (I mean billions lol) below the 100 B dollar market cap. kinda big uh? it's like 100 unicorn start-ups together :D Anyway, let's get to the point. In the past, the company now considered OLD for us, the younger, simply exists, and they just work (you know, revenue, FCF etc, all cool stuff) they're not considered growth, ANYMORE, cuz in the past they must have been considered so right? everyone grows, then you just "keep what you have" or fight for it when you cant grow bigger. Now, from the internet, it is kinda known (in my studies at least) that a PE of 13-17 makes a company a good buy, but it's not undervalued yet. Well, it is also true that a PE of 30 for a growth stock is considered a good ratio as well, cuz you know, that's a GROWTH stock. Ah almost forgot, when there are not a lot of numbers or a lot of past years to analyse, the PE can go well about 30 (remember tesla? XD) So, the point is: Netflix went from PE>100 in the past years, then it fell to PE = 38 after Q4 2021 and NOW after Q1 2022 has fallen to PE = 19 Does it recall something to you? My idea? this "thing" just went from "hypergrowth stock" 2 years ago (ofc covid helped, maybe its not a big pharma conspiracy but a Netflix one LOL), to a "simple growth" 1 quarter ago, and now its gone to a "value" stock. Before I end the analysis, a reminder: at the moment, Netflix has a PE of 19, well above the >13 expected for a value stock to be at a good price, which means the stock should fall another 30% AND, well, what a lucky coincidence another fall of 30% would bring the price to the MA200 of the MONTHLY chart. Trade safe, and remember that wall street uses Algorithms, faster and better than you for trading purpouses. Let me know in the comment if you have a DIFFERENT opinion, if you agree with me simply leave a like ;)
NASDAQ:NFLX
by camelot0707
Opening: NFLX 435/445/545/555 Iron Condor... for a 3.45 credit. Comments: Earnings play with the announcement today after close. 3.45 credit on buying power of 6.55; 52.6% ROC at max; 26.3% at 50% max. I'm basically looking for two things here: (1) IV contraction post-earnings; and (2) price to stay within the expected move, which the options market is pricing in to be about +/- 43 handles from current price (i.e., 448 to the downside, 534 to the up). And ... we'll see how that goes.
NASDAQ:NFLX
by NaughtyPines
NETFLIX Last pull-back possible before $750Netflix (NFLX) has been trading within a long-term Channel Up on the logarithmic scale for the past 20 months. The trend is very aggressive to the upside and since the first Bullish Leg made a Higher High on February 03 2022 on a +130.30% rise, we do expect a similar % rally that would technically target a little below $800, so aiming at $750 would be a fair price. Until then however, the Channel Up structure suggests that the stock has entered the Volatility Phase which during the previous Bullish Leg took place right before the Peak. As a result, a last pull-back towards the 1D MA50 (blue trend-line) would also be fair. Technically it could seek the -0.236 Fibonacci extension ($550) from the Take-off Phase's High. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ 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 us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:NFLX
by TradingShot
Aroon Indicator: Identifying Trends and MomentumAroon Indicator: Identifying Trends and Momentum The Aroon indicator is one of several technical analysis indicators that traders use to identify the direction of trends and establish when they are set to reverse. In this FXOpen article, we describe how to use the Aroon indicator to buy and sell stocks as well as other assets and explain why traders use it in combination with other technical analysis tools to help direct your trading strategies. What Is the Aroon Indicator? The Aroon indicator was created in 1995 by Tushar Chande, a technical analyst who has created several popular trading indicators. It features dual lines: The "Aroon Up" denotes the strength of an uptrend, while the "Aroon Down" measures the strength of a decline. Is the Aroon indicator leading or lagging? It is lagging as it measures how much time has passed between market highs and lows over a given period, based on the idea that assets in a strong bullish trend will regularly record new highs, while those in decline will regularly trade at new lows. Traders utilise this to determine if an asset is trending, trading within a range, or starting a new trend. It helps them to gauge the strength of the movement and anticipate when prices will change direction. Aroon Indicator Formula Explained The Aroon indicator formula comprises two separate calculations. The formula for the Aroon Up line = x 100%. The formula for the Aroon Down line = x 100%. The Aroon indicator is explained as a tool to evaluate the highest and lowest values within a specified timeframe. If the highest value occurs in the current candlestick, the up value is set to 100, indicating a new peak. If not, it returns a percentage value indicating the time elapsed since the last peak. Conversely, if the lowest value occurs in the current bar, the down value is 100, indicating a new low. It otherwise returns a percentage value that shows the time since the last low within the timeframe. Best Setting for the Aroon Indicator Using a short timeframe often makes it difficult to interpret this indicator. Chande recommends the best setting for the calculation is to measure prices over 25 periods, tracking when the last top and bottom occurred. The TickTrader platform does this for you, displaying the Aroon Up and Aroon Down indicators below the price data on a chart. The two lines range between 0 and 100. When measuring 25-day periods, a number above 50 indicates that the high or low was hit within the last 12.5 days, while numbers below 50 show that the high or low was seen within the previous 12.5 days. Below, we look at how to read the Aroon indicator. How to Implement the Aroon Indicator Into Your Strategy There are four main ways you might utilise an Aroon indicator on a chart to analyse price action. The results are relatively easy to interpret. Identify Prevailing Trends The most common way to use it is to determine the direction of the market. If Aroon Up is above the 50 level and the Aroon Down below 50, the trend is bullish, and it is more likely that the market will surge to new highs than lows. You could take this as a signal to enter or hold a long position. Conversely, if the down value is above 50 and the up value is below 50, as on the chart below, the trend is bearish, and you could opt to go short. Identify Potential Trend Changes Crossovers of the two lines often indicate that the market is changing direction. When Aroon Up crosses above Aroon Down, the market may be starting a new bullish trend. It is considered to be underway when the Aroon Up line reaches 100 and is confirmed if it remains between 70 and 100, with the Aroon Down between 0 and 30. A bearish turn could be emerging if Aroon Down crosses over the Aroon Up line and reaches 100. If it remains between 70 and 100 while the Aroon Up holds between 0 and 30, the bearish move is confirmed. You could utilise this as a signal to go long once the Aroon Up crosses above the Aroon Down and go short once the Aroon Down crosses above the Aroon Up. Note that sometimes the lines will break above 50 before crossing over each other. Assess Trend Strength Values between 70 and 100 not only confirm a trend is underway but also point to its strength. The closer to 100 the reading, the stronger the trend. Values closer to zero indicate that the momentum is weak. Understanding the strength of the move can help you decide whether to enter, exit or remain in a position. Identify Consolidation Periods The lines moving in parallel suggest that the market is consolidating within a range, as shown in the chart below. If both are below 50, no new highs or new lows have been set in the last 12.5 periods. Traders can take the opportunity to monitor the market and look for the next crossover in the Aroon Up and Down indicator lines to signal in which direction the asset will move to break out of the range. How to Combine Aroon with Other Indicators As technical indicators sometimes provide false signals, traders try to combine multiple analytical tools to confirm trends, reversals, and momentum before taking a position. Here’s how to use the Aroon Up and Down indicator with various other tools to help direct your trading. Moving Averages When a moving average points to an upward movement alongside the Aroon lines, it might be a bullish signal to enter a long trade. And when both tools are bearish, you could choose to go short. The death cross – a short-term moving average falling below its longer-term moving average, signalling a decline in a price – and the golden cross, in reverse, may be combined with Aroon crossovers to identify changes in direction. You might opt to check higher timeframes for the Aroon chart to filter out noise. Relative Strength Index (RSI) Combining Aroon Up and Aroon Down with the RSI often provides a strong indication of a reversal. The RSI and spikes in the Aroon help you to identify overbought or oversold conditions. When the RSI is in an overbought or oversold zone, and the Aroon moves above 50, it may provide a potential entry point for a trade. Donchian Channels The Donchian Channels identify potential breakouts and reversals, and you can refer to the Aroon lines plus the 100-period moving average for confirmation. If the price rises within the upper Donchian channel above the 100-period moving average with the Aroon pointing to a strong uptrend, you could take a long position, whereas confirmation of a downtrend could prompt you to go short. Parabolic SAR If the Parabolic SAR indicates that the market has bottomed, suggesting a buy trade, you could check the Aroon to confirm that the price has reached the reversal stage into an uptrend. You could initiate a long position with a stop loss placed below the first Parabolic SAR dot or using Fibonacci intervals. Conversely, if the Aroon suggests the asset could reverse into a decline, you could confirm the signal with the Parabolic SAR to initiate a short trade. Aroon Indicator: Advantages and Disadvantages There are several advantages to using the indicator, including that: It’s simple to read, making it easy to analyse and suitable for beginners It effectively signals changes in direction It provides valuable insights when used in conjunction with other technical indicators It allows the use of customisable time periods to fit your needs While it is useful, there are also disadvantages, including: As a lagging indicator, it misses out on trading opportunities at the start of a trend It measures the time between new highs or new lows but not how much the price has changed Sometimes, it provides false signals in choppy markets as the rapid price changes cause it to whipsaw Sometimes, it gives late signals when the asset has already moved and is preparing to retrace, especially when you apply the Aroon indicator without other indicators Conclusion The Aroon technical indicator is a simple-to-use technical indicator comprising two lines that help you to determine the direction and strength of asset price trends. It is most effective when used on charts in conjunction with other technical indicators and patterns to provide confirmation before taking a position. You can open an FXOpen account to practise using the Aroon indicator and other tools of technical analysis. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
NASDAQ:NFLXEducation
by FXOpen
2
Can Netflix Return to Old Highs?Unlike many big Nasdaq-100 companies, Netflix is below its 2021 high. Could that change for the streaming giant? The first pattern on today’s chart is the pair of bullish price gaps after the two most recent quarterly reports. The upward moves may reflect confidence that the company’s fundamentals are improving again. Second, NFLX made a higher high last week and a lower low (relative to the preceding week). This week is just the opposite, with small moves inside the previous range. That pair of bullish outside and inside weeks may reflect positive sentiment. Third, you have a falling trendline in late January and early February. The stock has broken that resistance and bounced above it. Finally, the 8-day exponential moving average (EMA) has remained above the 21-day EMA. That may reflect a short-term uptrend. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. See our Overview for more. Important Information Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options, futures or cryptocurrencies); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors. Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission (“SEC”) and a futures commission merchant licensed with the Commodity Futures Trading Commission (“CFTC”). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association (“NFA”), and a number of exchanges. TradeStation Crypto, Inc. offers to self-directed investors and traders cryptocurrency brokerage services under federal and state money services business/money-transmitter and similar registrations and licenses. TradeStation Securities, Inc., TradeStation Crypto, Inc., and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., all operating, and providing products and services, under the TradeStation brand and trademark. TradeStation Crypto, Inc. offers to self-directed investors and traders cryptocurrency brokerage services. It is neither licensed with the SEC or the CFTC nor is it a member of NFA. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
NASDAQ:NFLX
by TradeStation
1
Netflix (NFLX) Should See Further UpsideShort Term Elliott Wave View in Netflix (NFLX) suggests that cycle from 12.6.2023 low is in progress as a 5 waves impulse Elliott Wave structure. Up from 12.6.2023 low, wave (1) ended at 500.89 and wave (2) dips ended at 461.86. The stock extended higher in wave (3) towards 579.64 and pullback in wave (4) ended at 548.93 as the 30 minutes chart below shows. Internal subdivision of wave (4) unfolded as a double three. Wave W ended at 554.37 and wave X ended at 589.50. Wave Y lower ended at 548.93 which completed wave (4). The stock has turned higher in wave (5). Up from wave (4), wave ((i)) ended at 559.20 and dip sin wave ((ii)) ended at 550. Wave ((iii)) higher ended at 594.99 and pullback in wave ((iv)) ended at 591.53. Final leg wave ((v)) ended at 598.80 which completed wave 1 in higher degree. Pullback in wave 2 is now in progress. Down from wave 1, wave (a) ended at 577.46 and rally in wave (b) ended at 590.42. Wave (c) lower ended at 569.66 which completed wave ((w)). Expect rally in wave ((x)) to fail and the stock to turn lower in wave ((y)) before ending wave 2. As far as pivot at 548.91 low stays intact, pullback should continue to find support in 3, 7, 11 swing for further upside.
NASDAQ:NFLX
by Elliottwave-Forecast
Post Earnings Continuation to 585This idea is an update to my original idea "Earnings Pop to 520" (see link). NFLX needs to make a sustained break above 569 to initiate the next move higher to 585 (minimum target). Once we get this break it will take the following path - expected path is the black arrow: - Run to 585 (by 2/2/2024 earliest, 2/9/2024 latest) - Pullback to test 577 for support - Then at least one more leg higher to 600-620 ( point target = 610 by 2/16/2024) The green funnel represents buying pressure that will drive this higher. The most important channel is the dashed deep purple/blue boundaries w/ solid blue center - this is the demand zone that it will respect during the markup. ----------------------------------------------------------------------------------------------------------- Bigger picture: If you go back to Jan. 2022, there is a gap down from 563.36 - 566.88. The earnings pop filled this gap and we are currently establishing support in that range. Confluence at the 585 level as an initial target: - 0.786 retracement of the ATH (700.99) back in Nov 2021 = 585.80 - larger degree activate markup level at 585, this will act as another bullish driver to send this higher to 610 after 585 is tested - Equilibrium levels where supply = demand at (2/2/2024, 583) and (2/5/2024, 584) ** Stop loss is a sustained break below 556. It can trade below that intraday, but if it closes below 556 on 2 consecutive days it will assume risk of dropping lower to test 537 Good Luck bears, bulls still have this. ~Jerrymandering 101
NASDAQ:NFLXLong
by JerryManders
18
NETFLIX Correction starting. How low can it go?Netflix (NFLX) has gone a long way since our November 28 2023 buy signal (see chart below) that reached our $580 Target, giving more than +20% return: As the price has been consolidating for practically 2 weeks, it is time to update our outlook for medium as well as long-term investors. The long-term Bullish Megaphone pattern that started on the July 13 2022 Low, is intact and the stock continues to respect its Support and Resistance levels. The current consolidation is coming off an overbought 1D RSI peak at 83.00, which has since corrected, while the price was consolidating, which is a technical Bearish Divergence. We have previously seen the same kind of overbought RSI Bearish Divergence on the July 19 2023 and February 03 2023 peaks, both Higher Highs on the Bullish Megaphone. As a result, we expect a correction of around 4 weeks and being on a consolidation suggests that it is still early to enter. The 1st Support level is the 1D MA50 (blue trend-line), which has been intact since the October 27 2023 bounce, but we are aiming for the 1D MA100 (green trend-line) as it has been touched during both 2023 correction waves. Our Target is at $485, but we will book the profit earlier if the 1D RSI hits the 30.00 oversold limit first. The Sine Waves can be used as an extra decision making indicator here. As you can see they fairly match the Peaks and Lows of the stock price, so if the price approaches the Sine Bottom March 20 and hasn't rebounded yet, we will close the shorts and buy long-term regardless. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ 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 us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:NFLXShort
by TradingShot