Netflix ready for another breakdown?Netflix - Intraday - We look to Sell a break of 214.49 (stop at 224.21)
Price continues to trade within the triangle formation.
Posted a Double Top formation.
Trend line support is located at 218.00.
A break of the recent low at 214.69 should result in a further move lower.
214.69 has been pivotal.
Daily signals are bearish.
Short term momentum is bearish.
There is no clear indication that the downward move is coming to an end.
Our profit targets will be 191.61 and 182.61
Resistance: 230.00 / 240.00 / 250.00
Support: 215.00 / 200.00 / 190.00
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
Netflix
Netflix in an ascending triangle.Netflix - 30D expiry - We look to Buy a break of 252.11 (stop at 234.98)
Daily pivot is at 251.99.
A break of yesterdays high would confirm bullish momentum.
We are trading at oversold extremes.
Although an initial rally was posted, sellers emerged and follow through bearish momentum resulted in all the previous day's gains being overturned.
Daily signals are mildly bullish.
Although we remain bullish overall, a correction is possible with plenty of room to move lower without impacting the trend higher.
The trend of higher lows is located at 217.00.
Price action has formed a bullish ascending triangle formation.
Our profit targets will be 297.88 and 307.88
Resistance: 245.00 / 252.00 / 260.00
Support: 230.00 / 220.00 / 215.00
Daily perspective
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
NETFLIXHELLO GUYS THIS MY IDEA 💡ABOUT NTFLX is nice to see strong volume area....
Where is lot of contract accumulated..
I thing that the buyers from this area will be defend this long position..
and when the price come back to this area, strong buyers will be push up the market again..
UPTREND + Support from the past + Strong volume area is my mainly reason for this long trade..
IF you like my work please like share and follow thanks
TURTLE TRADER 🐢
9/11/22 NFLXNetflix, Inc ( NASDAQ:NFLX )
Sector: Technology Services (Internet Software/Services)
Market Capitalization: $103.870B
Current Price: $233.57
Breakout price trigger: $236.60
Buy Zone (Top/Bottom Range): $232.30-$211.85
Price Target: $246.60-$250.60 (1st), $298.20-$304.00 (2nd)
Estimated Duration to Target: 13-15d (1st), 54-57d (2nd)
Contract of Interest: $NFLX 9/23/22 235c, $NFLX 11/18/22 240c
Trade price as of publish date: $8.00/contract, $20.95/contract
Shorting Netflix. NFLXThis company has not been getting a lot of good press lately with its film adaptations of historical events and figures. We remain separate from political discussions on this channel, as all we care about is the technical picture of this particular stock at this particular moment.
Divergence detected, clearing an extended, upgoing flat, leaving room for a drop of one size or another.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe.
NFLXHELLO GUYS THIS MY IDEA 💡ABOUT NFLX is nice to see strong volume area....
Where is lot of contract accumulated..
I thing that the Seller from this area will be defend this SHORT position..
and when the price come back to this area, strong SELLER will be push down the market again..
DOWNTREND + Support from the past + Strong volume area is my mainly reason for this short trade..
IF you like my work please like share and follow thanks
TURTLE TRADER 🐢
Netflix trend reversal is just around the cornerDuration: 2-3 months
Target: $260
Potential of the idea: 19%
Stop order: $209
Technical analysis
The stock price is approaching the local support line. It is an idea to buy the stock with the target price of $260. With a 10% position volume and a stop order at $209, the risk on the portfolio will be 0.43%. The profit/risk ratio is 4.43.
Fundamental analysis
Netflix , Inc. - the U.S. company that owns the streaming movie and TV series service of the same name. The company announced that starting Nov. 1 it will launch a cheaper subscription option in several countries (U.S., Canada, U.K., France and Germany) for $7-9 per month. The move will help expand its user base and increase customer retention rates.
If you're not ready to invest on your own yet, we recommend that you carefully study the Sirius Brokerage House website, read and familiarize yourself with all the information.
Netflix breaking down? Netflix
Short Term
We look to Sell at 220.83 (stop at 236.96)
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. Price action looks to be forming a top. We look for losses to be extended today. The medium term bias remains bearish.
Our profit targets will be 170.19 and 164.87
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.
Netflix Analyze (Double Bottom Pattern)!!!Netflix made a Double Bottom Pattern near the Important Support Line; after that, it broke the Necking line with a candle with enough volume.
I showed you the zone where you can take your profit.
Netflix Analyze Daily Timeframe (Log Scale /Heikin Ashi)⏰
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Big potential drop within next 6 monthsNASDAQ:NFLX has already dropped from ATH of 6xx $ to 17x$. Paramount looks next. On charts we see a technical head and shoulder (HS) in play. The breakdown has started. Wait for confirmation by retouch on the neckline of the HS pattern before shorting (green flag). Any confirmed close above the neckline voids the HS pattern and this analysis. Target is Covid low of around 12$
NFLX: Movement to the EMA 200Netflix share look very interesting what I thinking because we could to find up bought in this share, first, we're in the bearish trend, and we would need to see some time to know in monthly timeframe if this it's an accumulation zone to invest or this it's a bear market to analyze it. But with very carefully, we would need to pay attention in short term to know what happen in the market with Netflix
I hope that his perspective help you
$NFLX - is it time to buy?$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.