Netflix entry time This point can be considered as the best time to take a long position.
I’m expecting 42% retracement.
Netflix
Netflix, Inc. - Long tradeEver since it hit a high of 701.0 back in November 2021, Netflix has fallen dramatically to trade at 162.71, its lowest level since August 2017. Looking at the daily chart, a clear 5-wave decline can be seen, pointing to an imminent correction. While we do not rule out small losses still, we recommend to go long at market with a stop at 124.0, targeting 280.0, the 50% retracement of the 5th wave.
NETFLIX HORRIBLE !!! WILL NFLX DROP ANOTHER +10% ¿?DAMN... $NFLX doing so bad :(
Anyway, I think it will recover in the long term (RSI shows undervalued & price dropped so hard) but I don't think ATH will be easy for NFLX anymore... Sorry guys :(
These are my scenarios for Netflix... It could drop more and accumulate there (very possible) or Netflix could recover step by step and accumulate at those levels...
We'll see, I never invested on NFLX but I won't buy stocks this year that's sure. I prefer wait and see what happen next year because this company looks so bad IMO.
REMEMBER ALWAYS #DYOR :)
A corrective bounce for wave B is inevitable for #NFLXTimeframe: Weekly
Price may find bottom to complete the bearish impulsive wave a at 0.236 fibonacci retracement of the previous general motive phase wave 1.
When this level holds and this analysis be validated, price may then resume its corrective bounce for wave b.
#elliotwaveforecast
@marketpainterPH
Visually presenting the basic general representation of the principle of Elliott Wave Theory.
NETFLIX WHERE IS THE BOTTOM?Netflix, Inc. provides entertainment services. It offers TV series, documentaries, feature films, and mobile games across various genres and languages. The company provides members the ability to receive streaming content through a host of internet-connected devices, including TVs, digital video players, television set-top boxes, and mobile devices. It also provides DVDs-by-mail membership services in the United States. The company has approximately 222 million paid members in 190 countries.
Right now Netflix, it seems they reach a saturation of subscribers and even start to lose some.
Quarter 1 report of Netflix came and they lose around 200.000 members worldwide. A worrying shift for a business which sustained growth never interrupted for over 10 years.
This caused by new and strong competition along with the covid restrictions worldwide.
I do not think, income will be problem for now since they cancel productions that seems redundant. They will cut costs.
Also price may have found the bottom already.
This week, investors seems to think this levels are good for buying.
In the "weekly" chart, price hit the bottom of Bolinger Bands with the RSI below oversold area. MACD is in the deep negative zone with going deeper. If selling pressure stops for the next couple of weeks MACD line will probably cut the Signal line which means buy if we are still near bottom of Bolinger Band.
Important support levels
190 is highly important as price seems to bottom there this week.
180 if 190 cant hold it.
These levels can be considered as stop loss zones.
Important resistance levels
203
210
221
240
262
These levels can be seen as take profit zones.
Thanks.
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NETFLIX : Weekly Buy zoneNETFLIX / Weekly
Netflix is crashing due to the earnings Announcement. Can $NFLX bounce from its Multi-Year Trendline?
Lets wait and See. BTW, Just "Netflix and chill" Guys...
Netflix - It's time for a comeback! 😎After the published reports of Netflix, its shares have already fallen by 47%, due to a decrease in the number of active subscriptions.
Since then, Netflix has given away a huge number of free subscriptions, some of which will soon be converted to paid ones and the company will be able to regain its positions.
Also, from a technical point of view, we have an excellent gap that needs to be closed.
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P.S. Always do your own analysis before a trade. Set a stop loss. Fix profit in parts. Withdraw profits in fiat and please yourself and your loved ones
NFLX (Netflix) expected correction to 150 before bullishWith this wave ((4)) retraces to the fib ratio of ((2)) and ((5)) can continue upwards
Quite some confluence in this chart
Overall indicies are also correcting for a few more weeks and are also in a ((4)) correction
Netflix Going Long after correction phaseHello Traders!
Here is the most possible scenario for Netflix on the next weeks.
Netflix Now in a correction phase and After NFLX Break 3 Important High Low, i expect Netflix To Be retracement from the red rectangle as buying zone
Let Me Know In The Comment Section Below If You Have Any Questions
Netflix, LONG!Hello Traders, here is the full analysis for Netflix , let me know in the comment section below if you have any questions.
The ellipse could represent a possible zone with good risk/reward to accumulate long position.
Please note that all the information and publications hera are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations. What you will find here, are only views of a Cat passionate about Finance.
Netflix needs to chill... lolLooking at both Fibs the 61.8% level is being breached.. could spell disaster for all you netflix holders...
NFLXNot financial advice.
The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
NETFLIX ELLIOTT WAVE COUNT MACRO CHARTIt seems a big cycle ended and after pullback we will see further drop on Netflix
First long and short it after pullback
NETFLIX NFLX Stock Is SHORT This Week!After the big fall that the stock has made recently after subscriptions raised rates of Netflix services + the new term that Netflix has revealed of having 1 account per user which in other words means that he would no longer be able to share his password with anyone else and has to pay for the service to consume the service that Netflix produces, in confluence with Netflix withdrawal of Russia after the Ukrainian-Russian war, which made the company lose more than 700K users at once. All of these signs are still impacting the stock and will for few weeks if not months still, that's why the price will surely reach the lowest selected zone of the chart if not even break and fall even more.
I'm Short on Netflix NASDAQ:NFLX !!
NFLX Is Going Down Even More!Netflix Stock NASDAQ:NFLX is going down even more as it's even more fundamentally supported by the fact that the company is still struggling with its subscription raised rates and 1 account per user term and rule too.
NETFLIX HAS LOST OVER 65% IT'S VALUE AND AT FIB73.6In October last year, Netflix's market capitalization was $310bn as of market close the past Friday; it's just over $99bn. Year to date, Netflix shares are down almost 65%.
For context, if you bought $1,000 worth of Netflix shares at the start of 2022, those shares will be worth about $360 today. Netflix is the worst-performing S&P 500 stock to date.
From the technical analysis NETFLIX has retraced (LOST) over 65% of it's all time high and currently STRUGGLING with FIB76.8.
At these point, the questions are
1. What fundamentals is going to turn the table around?
2. What will NETFLIX team and stakeholders do to change the trend?
3. Will NETFLIX ever take back its percentage of the streaming market share?
KINDLY: like, share your thought and FOLLOW.
NetFlix needs to Attention nowNetflix is so ready to start a Reverse and Rise Price Cause it falls more than 50% of Price and now on a Strong support that can push price to up, so Buy carefully and buy it in 4 Step.
Buy@ 210$, 180$, 140$, 90$
Stop loss@ 80$
Take Profit@ 700$, 950$, 1200$
it's so Important to buy Step by step and not be Greedy and buy More Volume in 90$
Netflix, What happened?Overview
After poor revenue release and news of losing subscribers in large quantities, Netflix has posted two major losses in recent times. This brings the valuation of Netflix shares down a total of nearly 70% from November highs.
The future
At this rate, the stock has been poorly rated by many analysts and has strongly bearish momentum. The question now is whether or not Netflix will try to implement a new way of doing business or alter current operating methods to try and bring its value back. In the event that Netflix is able to find a viable solution to return to successful business, we may see golden opportunities to buy back into such a large company with huge potential. However, given the rise in popularity in other video streaming services, it's unlikely that Netflix will be able to continue on its success by solely providing video streaming services without a major change in operation.
It is buy opportunity in 200As the chart shows price decreased and it is near 203 as the good support and the price of 2018 , netflix is not exploded so dont sell yours cheap, from 203$ it can come back to pull back .
I believe that Netflix market maker buy all your in the dip for comming days to sell you again
203$ support in exactly equal to the channel width and if we see and signs of come back such as divergence with RSI or good volume we can enter with target of higher price
Have a good days
NFA
NFLX Netflix: 1D Chart ReviewHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Netflix, Inc. (NFLX).
The chart is self-explanatory. Death cross may be coming up. RSI just broke out of the support line. Keep an eye on the Support Zone.
Included in the chart: Trend line, Support and Resistance Lines, RSI, MFI, Death Cross, Simple Moving Average, EMA Ribbons, Volume.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
I have additional charts below on cryptocurrencies, stocks and more to review. Check them out!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
Netflix What is going on? Netflix
What is going on?
After 6 years of exponential growth + 1'000% (2015 - 2021) the time has come for an immense profit taking.
Losing 70% (going from a $ 300b to a $ 100b market cap.
This capital will be used to refinance the company and to develop new commercial products.
However, losing the SUPPORT 430/380 now NEW RESISTANCE.
We find 3 main supports, potential reversal points.
S1: $ 180 / $ 210 (most likely)
S2: $ 130 / $ 110 (average probable)
S3: $ 60 / $ 70 (least likely)
Only when the Nasdaq 100 inert its medium-term bearish trend could we see a real low point with new entry points.
Buy at the lows and sell at the highs. (this is the secret)
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