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Netflix

Netflix looks attractive at this entry pointI'm cautious about the FAANGM stocks based on such high valuations which makes them more susceptible to a meaningful correction in the event that the sentiment shifts towards more cyclical stocks. However, Netflix looks really attractive for a long-term buy and hold. Year on year the company has grown its revenue since 2006 (as far as the data goes on Tradingview). The forward PE has steadily declined since 2015. Netflix has a strong business model and is the leader in its industry. I would consider it a buy and hold in my long-term portfolio. The signals suggest that the current entry point looks attractive. It should hit the $600 mark which is the upper point of the short-term channel. Hopefully thereafter it will move toward the $700 mark. Its currently trading at $493. Please note, this idea is shared for educational and discussion purposes only and should not result in speculative investment decisions in any asset class.
NASDAQ:NFLXLong
by JesseMorgans
2
Netflix: Weekly/Daily Analysis - Exit Long PositionsNFLX Weekly/Daily: Weekly: The Weekly chart's ADX numbers are falling such that I'm considering this may break below the PB&J Sweet Spot and potentially dead cross, changing the asset into short mode. It is however within the PB&J buy zone so a bullish reversal candlestick is certainly possible here as well. Bearish MACD divergence and a declining +DI seem to support that this is the end of the bullish wave. Daily: As far as Nison's SMA 10/20/200 strategy, shorting this is out of the question until both SMA 10/20 are below SMA 200, and they Dead Cross following. SMA 200 is a 4% drop from here and prior similar price action in this area precipitated an additional -15% drop before reversing bullish after 2 Weeks trading under SMA 200. Given the Weekly and Daily perspective I would close any open positions and only consider reentry on a solid bullish reversal from the SMA 200 zone, and only following a pullback into the SMA 10 / EMA "Sweet Spot" zone after a Golden Cross. Also, Netflix should pay their damn taxes.
NASDAQ:NFLX
by zerocashcool
NETFLIX 1D DESCENDING TRIANGLEDescending Triangles are repeatable trading chart patterns. Descending chart patterns will have a directional bias depending on the previous incoming trend. Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern. What ever time frame you are trading this chart pattern, wait for a candle close outside of the trendline in the direction of the breakout candle. (Our time frame preference is the Daily chart). Add volume indicator - Volume is the amount of $ that went into a particular candle or in Forex the # of trades that took place. Add ATR indicator - Volatility is the amount of price movement that occurred. Use the ATR to measure the price movement. When you see descending Volume bars and descending ATR line (which indicates volatility) this shows a dis-interest in traders to invest in this pair creating consolidation which creates the chart pattern. Trade Management after there is a breakout candle close. 1 - Position size (compare volume bar to volume ma line). a - Breakout candle must be 100% of volume average for a full position size. b - If 75% of volume average then ½ position size. (To find 75% of Volume look at the charts volume settings – divide smaller # into larger # = 75%+) If not 75% then stand aside from the trade. 2 – If candle breaks out of a trendline, 15m before the close of the day prepare your buy/sell order. Enter two trades. 1st trade will have a SL & TP. It will close automatically when the 1st TP is hit. 2nd trade only has a SL and will be allowed to run. When 1st TP is hit move the SL to breakeven. Look at ATR and prepare SL at 1.5 of ATR. Prepare 1st trade TP at 1 of ATR. 3 - SL for both trades will be 1.5 x ATR. 4 - 1st trade TP will be 1 x ATR. 5 - No TP on 2nd trade – letting profit run and adjusting SL to follow price. 6 - When 1st TP hit – move 2nd trade SL to breakeven. 7 - Adjust the 2nd trade SL to follow price. *8 – After Breakout candle – if price closes back into chart pattern close trade don't wait for SL to be hit. *9 - When breakout candle is more than 1 ATR from breakout candle open. a - Enter 1st trade at candle close with ½ position size. b - Enter 2nd trade with a pending limit order that is 1 ATR of breakout candle open. c – Price should pullback to that pending limit order for 2nd trade. d – If Price returns back into chart pattern close trade before SL is hit.
NASDAQ:NFLXShort
by Tradingstrategyguides
1
NFLX - FORECAST 4HR - NETFLIX - STOCKSSo Netflix gave a good long entry at the green line(527.44) on Jan 28th. Though we have missed that entry its still not too late. NFLX does have a gap at 509 that I would expect to get filled eventually but that doesn't mean itll happen anytime soon. If it does NOT fill the gap sooner rather than later than expect this thing to reach the red line (596) once again. If it cuts through the red line with gusto expect it to tag the orange line(665) with ease. Yellow line(733.96) being final target and could be realistically met if price pushes through resistance with force. Stop loss below white line(458.60). This is not investment advice, I am not an investment advisor. Do not blindly follow mine or anyone else's trades. Be safe out there.
NASDAQ:NFLXLong
by SatoriTrades
NFLX better get your popcorn Time to netflix and chillout or time to breakout... I am expecting a breakout here.. Consolidating for a few days now after filling out this pennant, sitting above the 200MA indicating it is still holding positive momentum and bullish divergence on the MACDs. I will be looking at this to break above the trend line and load calls upon price action, or you can apply an area of value trade and buy in the ellipse and set stop losses at last support. Popcorn is almost ready, will you be!?
NASDAQ:NFLXLong
by Verum0
5
Netflix changing from Support-Resistance to up-trendHello everyone, Netflix was for around six months in a support-resistance trend until it finally broke the resistance line to then go down again. this is an indicator that it will go into an up-trend now. the previous resistance level could then become the support level. Of course, I'm not 100% sure that the resistance area will become the support area, but this is likely to happen. I'm going to keep you up-to-date on Netflix stock, so you know what's happening. my recommendations are, buy now and sell at the current resistance level. This way you're sure you won't make losses. But do know you should not just blindly follow me, you might have different ideas than me and that's totally fine. As always: trade with care, don't just blindly follow me. Have a nice day!
NASDAQ:NFLX
by lothar_veys
Netflix gap fill? Breakout fail? TL retest? My guess is a gap fill induced by the current market situation before we start inching higher. Buyers showed up at 100EMA yet momentum dried out with the overall market sentiment. However, earnings beat & stock buy-backs are an incentive to keep the engine running on this one. If you're bullish, keep an eye on 510-515 range. I personally believe the stock can go up to 600$ from these levels after the current profit-taking party is over and buying appetite is back to the table.
NASDAQ:NFLX
by bbourji
THE NEW NEFLIX OF VIDEO GAMESshort until 175$ after that bullish the next earning report will be the 1 april. they will annonce a split 7 to 17 i dont know yet how much it will be the split number. share outstading. 61M and market cap 21 BILLIONS!!! Netflix have 434M share out. 231B market cap microsoft is the new power of internet. they have a contract with game stop. { CLOUD } even if apple , youtube , amazon and much more. the big power of movies app is netflix. good reputation. it will be the same for game stop! PLEASE COMMENT YOUR IDEAS! THANKS
NYSE:GMEShort
by CharlesGhavidia
A new high above $541.39 is possible for Netflix Inc NFLXA new high above $541.39 is possible for Netflix Inc NFLX Business Overview Netflix Inc with symbol NFLX operates a subscription streaming entertainment service. Upcoming Earnings Report January 19, 2021, for the period ending December 2020 Chart Reading Netflix Inc with symbol NFLX has been trading in a narrow range since Jul 10, 2020, between the low price of $468.29 and a high price of $541.39. Recently, the price has been advancing slowly on the 8 hours chart. Currently, the stock price is $540.73 as of market closed on December 31, 2020. The price pattern has been ascending slowly almost unnoticeable. Volume recently has been in the average range of around 5,008,303 according to Yahoo Finance as of market close on December 31, 2020. The current average volume is much lower compared to the initial average volume at the beginning of the year 2020. Macd is a trend following indicator and has been trending higher and remained above the signal line. In addition, the Stochastic indicator is an oscillator indicator and has been above the 53.48 level. The Stochastic indicator has been retesting the 80 levels since the beginning of December 2020. That usually means the security is overbought, but in this case, I think this stock is going to break out soon to a new high and this indicator will stay in the range of 80. Market Opinion I am 70% bullish and 30% bearish. I think the symbol NFLX Netflix potentially can break above the current high price of $541.39 to a new high soon. However, the price may retest the low price range of around $468.29 before making a new high. If the stock cannot maintain the price of $468.29, then the price may be hit a possible low of $375.61. Some thoughts on Portfolio Management Strategy & Risk Management For long traders waiting for an opportunity to enter this stock, it is expensive to enter at the current market price of $541.39. Instead, a better entry price is around $468.29 if NFLX Netflix truly bottoms around that price. Make sure there is a true bottom signal before entering this stock if you are a long trader waiting for an opportunity to enter. Current long traders holding this security at around a price of $541.39 should be careful of a potential pullback to $468.29. Thank you for reading! Greenfield Remember to click "Like" and "Follow!" Disclosure: Chart interpreted by Greenfield. Just a market opinion by Greenfield Analysis LLC for educational purposes only. This is not a recommendation. Greenfield Analysis LLC has no investment in any of the securities mentioned in the article, and no plan to initiate a trade in any of the securities mentioned. Greenfield does not receive any compensation for this writing. Investment involves substantial risk. You should consider carefully before making an investment. Investment at your own risk.
NASDAQ:NFLXLong
by GreenfieldAnalysis
2