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Netflix

REACCUMULATION ON NETFLIX!Hello my beauties. It seems that Netflix has entered and completed a reaccumulation phase. This is normally deduced from the higher highs the price creates. Its tendency to rise throughout the range without providing a SOW (sign of weakness) indicates strong interest in buying the dips. If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair. Consider supporting me if you think I am providing you with value. Peace. Luca, TrickleDownFX
NASDAQ:NFLXLong
by TrickleDownFX
Netflix Analysis, The Entry into The Gaming Sector Hello everyone, as we all know the market action discounts everything :) _________________________________Make sure to Like and Follow if you like the idea_________________________________ The market seems to be falling into a small sideways move for the last 10 days that's located between the ranges of 610.13 and 572.07. NFLX has been doing great for itself, in the last month the stock jumped from 504.75 up to 615.75 that's a 22% increase which is huge and both the long and short-term trends are positive. NFLX has an average volume of 3244020. This is a good sign as it is always nice to have a liquid stock. Possible Scenarios for the market : Scenario 1 : The market is trading at 599.06 and it's crossed the first resistance located at 595.54 and it looks that it could be headed to the main resistance zone near the 607.23 area If the market was able to breakout that zone we will be seeing a breakout of that sideways move that could lead the price to a new all-time high at the range of 636.36. Scenario 2 : In case the market continues his sideways move, we could see the price drop to the lower end of the channel near the 576.41 level and bounce back up after a battle over control between the Bears and Bulls with the winner most likely to be the Bulls. The market will probably trade in the channel range for a while before reaching the resistance zone at 607.23 and breaking out of it. Technical indicators show : 1) The market is above the 5 10 20 50 100 and 200 MA and EMA (Strong Bullish sign) 2) The RSI is at 62.54 showing Great strength in the market, IF the RSI drops from here it will Create a divergence with the market. 3) The ADX is at 33.01 Showing that the market is trending with a positive crossover between DI+ (27.21) and DI- (14.41) Daily Support & Resistance points : support Resistance 1) 576.16 1) 595.54 2) 568.47 2) 607.23 3) 556.79 3) 614.92 Weekly Support & Resistance points : support Resistance 1) 573.88 1) 605.12 2) 555.36 2) 617.84 3) 542.64 3) 636.36 Fundamental point of view : Netflix Completes The Acquisition of Night School........ for those who don't know Netflix has announced that it has completed the acquisition of Night School. The gaming studio is known for developing games and is behind the popular game Oxenfree. This new project will provide Netflix with a lot of Value now that its steeping into the Gaming sector. The VP added that Netflix is dedicated to building the creative capabilities and library of Netflix games with Night School. He added that Netflix intends to introduce exclusive games designed for various categories of gamers. The games will be included with its membership, and users will get to enjoy them with no ads or in-app purchases. NFLX has a Return On Assets of 10.72%. This is amongst the best returns in the industry. The industry average is -3.91%. NFLX outperforms 90% of its industry peers. NFLX's low PEG Ratio, which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company which could indicate a big increase in the stock price in the near future. This is my personal opinion done with technical analysis of the market price and research online from Fundamental Analysts and News for The Fundamental point of view, not financial advice. If you have any questions please ask and have a great day !! Thank you for reading.
NASDAQ:NFLXLong
by GabiDahduh
NFLX LONG Bullish trend of Netflix, started in April 2020, seems to continue after the breakout of the channel formed in the last months. RSI shows us that is not overbought or oversold and ADX is above 40 indicating a very strong trend. Entry price would be close to previous support formed after breakout. Moreover, support coincides with 50 % Fibonacci suggesting a probably inversion of retracement formed in these days. BUY ENTRY: $ 566.84 TAKE PROFIT: $ 614.21 TAKE PROFIT 2: $ 668.84 STOP LOSS $ 539.91 __________________________ NOT FINANCIAL ADVICE
NASDAQ:NFLXLong
by vf_investment
NETFLIX Can Fall : Pattern CompletedTraders, Netflix made a great run and never gave a a chance to short beyond our sell level. (See the attached previous analysis idea). Now Netflix has gone out of the range to 1. Collect stop losses hence create a bull trap 2. Complete a W pattern 3. Touch 600 psychological level which was missed last time This not has a potential to fall to target below (white horizontal lines) Rules: 1. Never trade too much 2. Never trade without a confirmation 3. Never rely on signals, do your own analysis and research too ✅ If you found this idea useful, hit the like button, subscribe and share it in other trading forums. ✅ Follow me for future ideas, trade set ups and the updates of this analysis ✅ Don't hesitate to share your ideas, comments, opinions and questions. Take care and trade well -Vik ____________________________________________________ 📌 DISCLAIMER The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions. ____________________________________________________
NASDAQ:NFLXShort
by vikinsa
The setup on NFLX is 100% ready. Full Explanation.In a previous post, we explained that we were waiting for a retest to develop setups after the breakout of the current range. You can check all the processes on related ideas. Now the situation is ready. How will we proceed from here? The setup execution is pretty straightforward; we will open bullish setups on a new ATH and define our stop loss below the current correction. We don't know yet how deep the correction will be, but we will keep moving the stop loss until we think this is no longer a correction but an evident bearish impulse. The target we will be using at the moment is the Fibo Extensions of the whole range that was broken. Final Target: 772 The Risk rewards ratio we can expect on a setup like this is about 2 (however most of the cases in the past, the price goes far beyond that) It's important to say that this setup after the breakout of a range on an ATH we have tested since the beginning of the NFLX chart, and our conclusions showed us that is a profitable pattern to trade. Why are we saying this? Because we have seen that sometimes the price executes the order, then goes directly to the stop loss, and the next movement is the beginning of the impulse. Based on that, we are willing to trade the same situation two consecutive times if the first pattern fails. We will be risking 1.5% of our capital on this setup. The expected duration of the movement can go between 150 days to 250 days. (Patience patience, my friend) Thanks for reading! Please share your thoughts or idea in the comments relative to NFLX.
NASDAQ:NFLXLong
by ThinkingAntsOk
3
NFlX short opportunity on daily#nflx we see it trading at 2.5 standard deviations from the quarterly vwap on the daily, with the most overbought it has ever been on the daily, furthermore it has formed a double top at all time high and bounced off from it. This breakout attempt did not follow up with the volume needed to be seen to move forward and shows candle exhaustion. Fair price is 530s. May try to fake out back over but not likely to hold. Not financial advice.
NASDAQ:NFLXShort
by MarketMastered
Trading Plan after the breakout on NETFLIXToday we will speak about NETFLIX. These are the main elements we can see on the chart: a) The price has been inside a consolidation of around 420 days. Now we have observed the breakout b) Based on that, we want to see a 7 days correction (at least), and if that happens, we will set pending orders on the new ATH and stop loss below the correction c) The expected duration of this setup is between 150 and 200 days. d) The risk we will take here is 1% of our capital on the stop loss. e) We have seen in the past scenarios like these ones where we have an execution followed by a stop. If that's the case, we know we will set new orders in that case. In other words, we are planing a 2nd execution in case of failure in the first one. Thanks for reading!
NASDAQ:NFLXLong
by ThinkingAntsOk
2
Netflix stock analysis. What to expect.Today I analyze NASDAQ:NFLX stock price movements. Here I use my box strategy combined with Fib retracement. NASDAQ:NFLX stock price is in a long-term rising trend channel. However, it has been kept in a 465-575 range since June last year, hence the box formation. There was an unseccessfull box breakout attempt in January 2021 where the price reversed to a long-term support level. Shorter-term Fib retracement was drawn from the low on May 2021 bounce and up to this day. Pivot points: 0.786 level acted as a solid support. 0.382 showed a proper resistence level. 0.236 level which matches supply level of the box at 575 was viciously broken. Now I believe the price is overextended. I expect it to return to the 0.236 level at the very least. If overall market situation is stable when that happens, I believe the stock will continue to grow higher. Trade wisely and good luck! ----------------------------------------------------------------------------------------------------------------- Disclaimer!!! This is not financial advise.
NASDAQ:NFLXLong
by AyBe_Invest