Netflix
$NFLX - is it time to buy?$NFLX - is it time to buy?
Could be time to buy - we got triangle pattern, now I look at individual stocks whilst comparing it to the indices of NQ and I am bullish I am buying dips and taking look at FAANGS short term buy looks could be good opportunity.
Q2 2022 earnings on Tuesday. Watch out
Take care
TJ
Netflix: Buy Netflix and Chill?Netflix - Short Term - We look to Buy at 207.40 (stop at 185.40)
Continued upward momentum from 164.28 resulted in the pair posting net daily gains yesterday. Price action looks to be forming a bottom. Previous resistance level of 207.41 broken. We have a Gap open at 333.22 from 19/04/2022 to 20/04/2022. Further upside is expected although we prefer to set longs at our bespoke support levels at 207.40, resulting in improved risk/reward.
Our profit targets will be 330.00 and 400.00
Resistance: 248.70 / 329.82 / 333.22
Support: 207.41 / 169.70 / 164.28
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
$NFLX Short Term Target: $230Onward, to the trend line!
Stock is reacting to an inverse fibonacci level which has traded sideways the last several weeks, and is now pumping to a major trend line.
$230 is where I'd expect to see some selling. The lower fibonacci level from there is a certainly a possibility so holding beyond $230 for me seems risky, knowing this trend line could easily reject the price.
*Not trading advice.
This movie isn't over yet - Netflix Netflix
Short Term
We look to Buy at 170.63 (stop at 160.01)
There is scope for mild selling at the open but losses should be limited. A bullish reverse Head and Shoulders is forming. This is positive for sentiment and the uptrend has potential to return. Further upside is expected.
Our profit targets will be 207.19 and 221.00
Resistance: 192.00 / 207.38 / 332.00
Support: 170.00 / 125.00 / 81.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
NFLX: Possibly The Most Undervalued Stock in the MarketIn this post, I'll be breaking down Netflix (NFLX) from both a technical and fundamental perspective, exploring a narrative as to why this may be the most undervalued company in the market at the moment.
Netflix has taken a massive hit, trading below $190, when its 52 week high is $700. I covered this stock when it was trading around $600 ranges, and said it wasn’t an appealing buy at those levels. Now that it’s trading at $180 regions, I think this is an amazing buy, and in fact, this could turn out to be a once-in-a-lifetime opportunity in the mid-long term.
This post is not financial advice. This is for educational and entertainment purposes only.
Fundamental Analysis
- This massive drop was caused by Netflix’s first loss in number of net users in a decade.
- Netflix announced that it had lost about 200,000 users.
- People interpreted this to be a sign of weakness in the company’s fundamentals, and this led to a sharp 30% drop in the stock’s price.
- What people didn’t realize at the time, was that Netflix had lost 700,000 users in Russia alone, as it halted business operations in that region due to Russia’s invasion of Ukraine.
- So taking that into consideration, Netflix actually gained 500,000 new users. But that’s not all.
- Netflix announced that it expects the number of users to drop in 2Q22 as well, which drove stock prices further down.
- Why exactly is this the case? Netflix increased their subscription fees over 10% in 1Q22 alone.
- With the effect of that price increase, it’s anticipated that they’ll lose 1% of their entire users.
- Frankly, a 10% increase in price, for a 1% loss in quantity (since revenue is simply p*q) is not a bad outcome at all.
- In fact, it’s a successful move on Netflix’s side. Yet, market sentiment says otherwise, dropping over 72% from all-time highs.
- Nonetheless, this isn’t the first time that Netflix raised their subscription fees.
So why has this price increase in particular led to user loss?
- Netflix has three pricing plans – basic, standard, and premium.
- Netflix has always been aggressive with their increase in prices for premium and standard plans, but not with the basic plan.
- When the price of premium plans increase, users are incentivized to simply change their plan to a standard plan, if they are not willing to pay for the changed price plan, which is why there wasn’t a loss in number of users; people could simply downgrade their plans.
- But when Netflix raises their basic plan subscription fees, there’s no other option than to leave the platform.
- So in 2019, when Netflix raised their basic plan subscription fees, it led to a loss in number of users.
- And this is the first time since 2019 that Netflix raised prices of basic plans.
- Since Netflix has penetrated the market much more than it did in 2019, of course their price strategy led to a bigger impact on the number of users.
- Netflix is working on developing a new plan below the basic plan, known as the advertisement plan.
- This way, it’ll allow them to prevent users from escaping the platform entirely, provide more leeway in increasing their basic plan prices, and offset costs through advertisement revenue generated in the advertisement plan.
- If you’re in in for the long run, like me, you need to be in accordance with the overall concept and trend that less and less people will watch television networks, and more and more people will watch content on streaming platforms.
- Netflix is the biggest platform in the entire world, where people pay the most money to watch their streaming content.
- Their plans are the most expensive, and they have the highest number of users out of all platforms.
- With the revenue generated, Netflix is aggressively reinvesting capital back into creating high-quality original content.
- Considering the Hollywood success function that the more capital invested, the higher the probability that the content is going to turn out to be sensational, there’s a high probability that Netflix’s original content will be more entertaining than that of other platforms.
- It’s also the only platform that can add dubs and subs to their content immediately and distribute their content on a global scale at once.
- And this isn’t based on my imagination. It’s based on Netflix’s track record and their success cases with global content.
- Given that all else is equal, this means that Netflix has a competitive edge in content quality compared to its counterparts.
- However, all else is not equal. Netflix is dominant in most aspects of the OTT market compared to its counterparts.
- Out of the top 10 google search results for TV shows, 6 were Netflix content, and 2 out of 10 for movies.
- Moreover, Netflix owns most of the intellectual property (IP) related to the content produced.
- The scalability that IPs produce can give Netflix a massive competitive edge, but Netflix chooses not to use this weapon in their arsenal yet.
Technical Analysis
- What we have here is the monthly logarithmic chart for Netflix
- While the price has dropped steeply in a short period of time, it's also worth noting that the moving averages are aligned in order still, with the 200 simple moving average to be potentially tested as support
- We can see a pattern in which the stock's price consolidates in a region before breaking out, and the resistance of the consolidation region, which later becomes support, is retested before a continued rally upwards, as shown from the price action between 2003 and 2013.
- We are seeing something similar here, as previous resistance levels, now support, are being tested as depicted by the red zone.
- What's most worth noting is that the relative strength index (RSI) has never been at this level historically; from a technical perspective, Netflix has never been this oversold.
Conclusion
To me, Netflix is like Bill Gates wearing a Casio watch. He can definitely afford to wear a Patek Philippe, but chooses to wear a Casio, considering the TPO. The difference is: people understand that Gates is wealthy, regardless of what watch he wears, but fails to understand that Netflix, just like Gates, chooses not to do many things that could help them generate massive cash flow. Netflix does not have direct advertisements on their platform yet, and hasn’t expanded to the gaming industry with their IP. Remember how everyone was playing Squid Games on Roblox a few months ago? Netflix owns the IP to that series, and could have easily monetized it. They simply chose not to expand in that direction yet. This is a company that not only is dominant in its market, but demonstrates massive potential in both vertical and horizontal business expansion. I truly believe this company is undervalued for what it’s worth, and could even say that this is possibly the most undervalued stock in the market.
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Short Term Setup For NETFLIX – Inverted Head & ShouldersHi Traders,
Looking at Netflix in the 1-hour time frame.
I see an inverted head & shoulders setup.
There is divergence on the MACD Histogram as well as the MA lines and currently, the price is making its way above the neck zone.
We have some nice bullish volume to accompany this break and close above the neck zone.
If we see a calm retrace down to the neck zone, I will consider taking a long position with my targets being previous structure that has not yet been tested.
Have a good Trading Monday,
The Vortex Trader
NETFLIX NFLX NASDAQ : NETFLIX IS LOOKING AWESOME, TARGET $2000LIKE, FOLLOW, AND COMMENT BELOW IF YOU APPRECIATE THIS CONTENT
NETFLIX chart is looking real bullish to me. The MACD is curling up from an all time low, the RSI and STOCH are on the way up and the Mayer Multiples are flashing a bottom/buy signal. Netflix is about to go on a hella run to $2k is my target around 2024-2025. This is not financial or trading advice this is just my opinion. Thank you and good luck out there.
Netflix. Will The Bulls Defend The 0.382? Best Load Up Zones.Current Market 79 Billion
Up an impressive 200,000% over the last 20 years, Netflix reached an all time high of $700.99 back in November 2021.
It has since corrected a whopping 77% and hovers around the $165-$180 range.
The biggest correction Netflix had to endure was back in 2011-2012, it reached an all time high of around $43 before a staggering 82.5% drop.
If we pull a fib from its 2002 low, to its ETH in 2011, we can see that price found support at the 0.382 level. (Fib pulled from body close to body close)
I've then pulled a fib from the 0.382 to its November 2021 ETH. A similar 82.5% correction would place it once again in the 0.382 range.
We also have a lifelong trendline approaching that could also be tested as support.
If the 0.382 doesn't hold, long term bulls should look for buys at the next fib levels.
RSI is at record lows , Stochastic oversold. We could have a little rally before testing the 0.382/trendline as we did back in 2012.
We could even just rally from here, only time will tell! If your bullish long term, DCAing is best.
Here's an extract from from the Q1 shareholders growth outlook report sent out in April.
In the near term though, we’re not growing revenue as fast as we’d like. COVID clouded the picture by
significantly increasing our growth in 2020, leading us to believe that most of our slowing growth in 2021
was due to the COVID pull forward. Now, we believe there are four main inter-related factors at work.
First, it’s increasingly clear that the pace of growth into our underlying addressable market (broadband homes)
is partly dependent on factors we don’t directly control, like the uptake of connected TVs
(since the majority of our viewing is on TVs), the adoption of on-demand entertainment, and data costs.
We believe these factors will keep improving over time, so that all broadband households will be potential Netflix customers.
Second, in addition to our 222m paying households, we estimate that Netflix is being shared with over 100m additional households,
including over 30m in the UCAN region. Account sharing as a percentage of our paying membership hasn’t changed much over the years,
but, coupled with the first factor, means it’s harder to grow membership in many markets - an issue that was obscured by our COVID growth.
Third, competition for viewing with linear TV as well as YouTube, Amazon, and Hulu has been robust for the last 15 years.
However, over the last three years, as traditional entertainment companies realized streaming is the future, many new streaming services have also launched.
While our US television viewing share, for example, has been steady to up according to Nielsen, we want to grow that share faster.
Higher view share is an indicator of higher satisfaction, which supports higher retention and revenue.
Fourth, macro factors, including sluggish economic growth, increasing inflation , geopolitical events such as Russia’s invasion of Ukraine,
and some continued disruption from COVID are likely having an impact as well.
Hope this helps, yours truly-
Thomas Shelby, Shelby Company Limited.
Speculative Setup, DYOR. Allow 3-24 months for this idea.
NetflixNetflix
Goldman Sachs lowered the capitalization of Netflix to the basket.
Since the end of 2021, the company began to rapidly lose its capitalization and from the level of $700 per share, fell at the peak of the downward UP trend to the level of $200, which caused panic investment fear. The next trigger for the fall was the updated status of the rating from Goldman Sachs to the "sell" status, after which the quotes on the NASDAQ immediately collapsed by almost 5% and continue to fall. At the moment, Netflix shares have approached the historical support level of the $165 descending channel, and in case of its breakdown, the next technical target is $100 per share. The $100 support level could well become an option level, below which a large amount of pent-up demand is concentrated. This fact is able to generate short-term investment interest for the formation of medium-term upward dynamics. Additional factors may be the release of the already announced second season of "The Squid Game" from Netflix.
BTC USD NETFLIX EXPANDED FLAT FRACTAL, BTC TARGET $200K+BTC BITCOIN USD I have been looking for fractals throughout the various markets and I have found another one that is really good. This is Netflix where I found the fractal showing the same expanded flat correction as Bitcoin just on a different time scale. The MACD is also very similar as well. I believe the BTC was just in a breather phase over this past year and is now ready to complete the other 50% of its bull run. Sometimes climbing a mountain you need a break if its too steep at the halfway point. If its a nice slow steady incline then a break usually isnt needed. This is not financial advice this is just my opinion. Follow me for more updates and analysis and leave me a like and comment if you find this content useful. Thank you and good luck.
BTC BITCOIN USD : NETFLIX FRACTAL EXPANDED FLAT $200K+ COMINGBTC BITCOIN USD I have been looking for fractals throughout the various markets and I have found another one that is really good. This is Netflix where I found the fractal showing the same expanded flat correction as Bitcoin just on a different time scale. The MACD is also very similar as well. I believe the BTC was just in a breather phase over this past year and is now ready to complete the other 50% of its bull run. Sometimes climbing a mountain you need a break if its too steep at the halfway point. If its a nice slow steady incline then a break usually isnt needed. This is not financial advice this is just my opinion. Follow me for more updates and analysis and leave me a like and comment if you find this content useful. Thank you and good luck.
NETFLİX BULLİSH CAN COME!!!Hello guys,
I wanna share my idea about netflix.I think rise will come after this EMA cutting. Why bullish will come? Let's answer this question.
Reasons of rise possibility:
1)We are on the very strong support.This will affect investor for buy netflix.
2) 5 length EMA can cut 20 length EMA at the future days.
3)We see mismatch between MACD and Chart.(Most important signal in my opinion)
This reasons can affect investors for Buy netflix share.
I show STOP LOSS area with ATR strategy on the chart.
Actually I think, This seems good oppurtunity for Buy netflix share.
NOT İNVESTEMENT ADVİCE THATS ONLY MY OPİNİONS.
Thanks
NFLX:If it looks like a bottom. . . ?!!Netflix
Short Term - We look to Buy a break of 210.00 (stop at 158.96)
The bullish engulfing candle on the daily chart is positive for sentiment. A bullish reverse Head and Shoulders is forming. This is positive for sentiment and the uptrend has potential to return. Further upside is expected to close the gap between 248.70 and 333.22.
Our profit targets will be 329.00 and 400.00
Resistance: 240.00 / 330.00 / 400.00
Support: 160.00 / 125.00 / 81.00
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Buy stop!I definitely like that bullish momentum with volume and although it did not dip to my level rather it bounced on the 30m ssb. I will put a buy stop at 198 so that I am only taken in if right and stop 184. The ultimate target is 250 zone but will add and remove as appropriate. The R is 3.58 if I take it all the way up;)