On the M15 chart the trend started on Aug. 20 (linear regression channel). There is a high probability of profit taking. Possible take profit level is 631.71 Using a trailing stop is also a good idea! Please leave your feedback, your opinion. I am very interested in it. Thank you! Good luck! Regards, WeBelievelnTrading
Netflix (NFLX) has been consolidating above the 1D MA50 (blue trend-line) since the August 20 High and is on the exact same level where during all previous Bullish Legs of the 2-year Channel Up, it ended the consolidation and moved to the 2nd rally of the expansion phase. This is also evident on the 1D RSI, which is about to start a Channel Down that in previous...
Netflix Inc. (NASDAQ: NASDAQ:NFLX ) continues to capture the spotlight in the investment world, with Evercore ISI raising its price target from $710 to $750. The decision to increase the target stems from robust survey results and an optimistic outlook for the streaming giant, reaffirming Netflix's position as a dominant player in the entertainment...
As the titles implies, NETFLIX is waiting for a KEY LEVEL TEST before making large moves. It has recently broke through several ranges to the BUY SIDE, showing it has lots of BULLISH movement. This can be seen with the LARGE VOLUME BULLISH CANDLES that followed after hitting one of the SUPPORT LEVELS, where it created high volume with NO RANGES, further proving...
Netflix has recorded a new ATH. Netflix (NFLX) has been a powerhouse, reaching new all-time highs. After hitting an ATH of around $700 on November 15, 2021, the stock experienced a significant decline, bottoming out at approximately $162 on May 11, 2022. However, it has since rallied impressively, culminating in a fresh all-time high of around $710...
Key Takeaways: - Netflix shares hit an all-time high on the back of a significant increase in upfront ad sales. - The company reported a 150% surge in advertising commitments compared to 2023. - Strategic moves in content, technology, and live events have bolstered investor confidence. Netflix ( NASDAQ:NFLX ), the streaming giant that once dominated the...
Market Insight: NFLX (Netflix, Inc.) Our predictions have highlighted key moments for investors: • First Green Line (August 12th, 2024): A potential buying opportunity, as market conditions stabilize. • First Red Line (October 28th, 2024): Consider taking profits or reducing exposure before possible market downturns. • Second Green Line (January 6th, 2025): A...
Trading at 30% below estimate of its fair value Earnings are forecast to grow 21% per year Earnings grew by 108% over the past year Analysts in good agreement that stock price will rise by 29% Disney Announces Massive Theme Parks, Cruise Expansion at D23 Notably, the company has committed to invest a cool $60 billion in its parks over the next decade as it...
A More Detailed analysis on Netflix (NFLX) from a Multi-Timeframe Perspective. Check out my other analysis for a detailed explanation on this video
Netflix Inc. has once again demonstrated a robust increase in revenue, confirming the effectiveness of its strategic initiatives aimed at boosting subscriber growth. A significant aspect of Netflix's strategy has been tightening rules against account sharing and introducing cheaper, ad-supported subscription plans. These measures have attracted new subscribers...
NYSE:UBER Uber Technologies Inc. Stock Surges to $75-$80 Range Following Strong Earnings Report Uber Technologies Inc. (NYSE: UBER) has seen a significant boost in its stock price, reaching the $75-$80 range after the release of its latest earnings report. The ride-sharing giant reported impressive financial results for Q2 2024, with total revenue hitting...
NASDAQ:NFLX while it's been a nice 300% gain over the last year 2 years, I think the trend is starting to reverse. If you look at the chart, you'll see that we've formed a double top. You'll also see the price has held the trend line fairly well on the way up. Now we've rejected it twice and I think that price is heading much lower from here. I think we're...
Just an idea and trade at your own risk. Netflix looking bullish on its weekly timeframe and still in uptrend channel. After testing the lower of the uptrend channel at area 150, uptrend is resuming and possibly to the upper channel of the uptrend.
Back in March, we anticipated the target zone for Netflix to be between the 38.2% and 61.8% Fibonacci levels. This zone was reached in April, marking the end for Wave 4 perfectly. Since then, the overarching Wave (1) has likely been completed. We expect a significant correction before another upward move, with the anticipated pullback range between 35% to 50%....
FAANG is an acronym that stands for five major, highly successful U.S. tech companies: Meta (formerly Facebook), Amazon, Apple, Netflix, and Google. FAANG stocks' performance has a substantial effect on the overall market and comprises 15% of the S&P500 Index SP:SPX . If you follow the financial or business news, you may have seen or heard the term FAANG...
Netflix - NFLX - Can it regain its previous stock price? Will its ads subscription model make it more competitive? Will its content win more viewers over? Who knows? What we do know is that price is filling the gaps from the previous decline. I am not counting NTFLX out. Patience pays off.
Regression Channel (Trend traders) This is a channel that picks up the support and resistance of any trend. Clearly the trend is up, and the contination trend's momentum is strong. We can expect Netflix to rally further. Nature: High Probability Price>20 Price>200 Target $764.80
I think Netflix will show how bad the consumer is and it'll capsize with the markets after earnings forming a double top. This stock will rebound off red or orange support. Buy the 550 August 16th, it could return up to 1500% return. NFA!