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Netflix

Why is Netflix going to reach almost $700?Good morning traders, today we bring you our analysis on Netflix, since we consider that it has a great upward potential and is a good investment opportunity. Based on what the behavior shows us in the chart, we can obtain some conclusions: 🔸For many years this stock has been bullish, so we will base exclusively on the behavior of this year. 🔸From the beginning of this year to the ATH, the price had an approximate 100% increase. 🔸Of course, in the midst of the uptrend, as expected, there were corrections of between 15 and 30%. 🔸The remarkable thing about these situations is that, after correcting, the subsequent rise generated new highs. 🔸Right now we are facing a similar scenario, but with a bigger correction. 🔸It is a clear corrective flag pattern, with a duration of almost four months. 🔸The $ 60 zone was impenetrable, and each time the price faced it generated a bullish bounce. 🔸It is now heading towards the upper zone of the range, where we are expecting a bullish breakout. 🔸In the event of a break in the corrective structure, we estimate a minimum target of 20% to the upside, since it is the cloning of the broken range, which takes the price to almost $700.
NASDAQ:NFLXLong
by ThinkingAntsOk
2
How I've traded Netflix this year. Morning traders. I just wanted to share how I've traded Netflix this year with the script I am using and the results I've gotten. Traded netflix only on an account with a well known CFD provider. £200 deposited and 76% gains on investments since March risking 1% per trade. This information is all provided by the back test data screen shot at bottom of the screen. As you will see from the idea screen I have provided details of how the script prompts me when to enter the market. I simply enter the market set my stop loss and take profit targets and let the trade play out. That easy! All the back test data backs the strategy up and takes away all the emotion of trading. Something we all struggle with as traders. Once the trade has played out I simply wait for the next signal alert and go again. This particular example is working the H1 and the example is taken from back in June and July. Currently I am in a live long position on this chart as we speak. So we will see how that plays out. For any more information on the script I am using please message me.
NASDAQ:NFLXEducation
by RichScott
NASDAQ:NFLX Netflix stock forecast, Buy Breakout, Target 669Netflix (NASDAQ: NFLX) Trade : Buy Breakout Entry : 512.5 Target : 669 (156.5, +30.54%) Stop : 491 (-21.5, -4.2%) Posted on Saturday, December 12, 2020 Note : Netflix stock attracts my attention. Its stock prices are expected to rise one notch higher. If they strongly break out the 512.5 level, it would be a buy-signal. If the prediction is right, target(resistance) price could be around 670. As of now, it is necessary to keep in mind that the stock markets and stock indexes are in an unstable phase. We need to keep the stop-loss rules strictly.
NASDAQ:NFLXLong
by Ptrade
Long on NetflixI am entering a long position on Netflix based on the price action on the daily chart. I have drawn out a ranging zone that has been respected. Currently price has formed a bullish pinbar at a significant level on the daily. The bullish pinbar that broke out of previous resistance and support is now acting as support again. If you look on the weekly chart, you can see how price has respected the strong weekly support area and price shit up in the direction of our target.
NASDAQ:NFLXLong
by JohnnyB61887