Netflix
How to trade the Netflix bear flag post results Here we have a bear flag continuation pattern to the downside in play on Netflix ahead of results.
Netflix can be extremely volatile when it posts after the closing bell today. The best trade set up here would be to look to buy the break of the bear flag below if it starts to retreat back into the bear flag. That's what us pro traders call a fakeout buy signal.
Alternatively if the bear flag fails and prices rally above we might also consider going long. Even though we see a bear flag what we must really see is the very strong moving averages on the 1hr and 4hr charts.
Any heavy selling of the bear flag would negate any longs. I'm not interested in shorting Netflix though while we are in Lockdown and everyone is watching TV lol. Nor when the Moving averages (particularly the daily and weekly) are so bullish.....
Let the trend be your friend and look to buy dips as and when you can.
NFLX LONG SET UP (Netflix)TITLE/(DATE)- NFLX/USD (7/16)
ASSET- STOCK
PLATFORM-MT4
ORDER TYPE- BUY LIMIT
Time Frame-4hr
ENTRY PRICE 1- $478.50 (pending)
ENTRY 2- $471.50 (pending)
STOP LOSS- $468.50(100 PIPs)
TAKE PROFIT 1-$488.50 (100 PIPS)
TAKE PROFIT 2- $498.50(200 PIPS)
TAKE PROFIT 3- $508.50 (300 PIPS)
TAKE PROFIT 4- $528.50 (500 PIPS)
TAKE PROFIT 5- $548.50 (700 PIPS)
TAKE PROFIT 6- $568.50 (900 PIPS)
STATUS: Pending
NFLX - Netflix and chill...further decline? NFLX - What a move!
Netflix, yesterday the earnings of NFLX were not so hot after all. Allowing us to chill further down to a deeper pullback. We are pattern wise - Bear flag. Measuring it, could lead us to that first hit of the red trend-line up. Now it's still within consolidation. However, if NFLX does breach towards upside the arrow is showing where it could head to. However, likely of deeper pull back may be due for NFLX - What goes up, must come down. We had a steep momentum of bulls in control. Will we have the bears heading in control for little while...?! Only time will tell but great support and resistance lines to indicate to us what we could see happening as well as patterns.
Give us a LIKE & COMMENT for any other pairs you might be interested in. All our ideas are FREE.
Remember: It's just a trade idea, not recommendation.
Have a great weekend.
Netflix after earnings: a chartNetflix was down almost 15% after earnings. I quickly pulled up a chart to investigate. As you can see the stock was maybe "running ahead of itself." It went into earnings up 60% year-to-date. Most stocks don't return that in even a 5-year timeframe.
Regardless, as you can see, the price is about to near a crucial point that marks a lot of volume and trading (the shaded box). My guess is someone sold a lot in those levels and whoever bought might end up with the bag.
Let's find out though when the market opens shortly.
Buy the 3 point trend line nasdaq (futures). Gap fill ahead100 point gap fill on the cards ahead of Netflix results tonight. Intra day trade
Netflix: More upside potential. $700 realistic before profit-takNFLX is trading on a long term Channel Up on the 1W chart (log scale) since early 2013. Despite being overbought (RSI = 79.335, MACD = 45.450, ADX = 45.358, CCI = 303.3862) with the earning approaching, Netflix has still room to grow before the next selling wave within the Channel takes place.
Both the LMACD and RSI are on levels where the price previously posted one last run to the Channel's Higher High, before it hit the Resistance Zone (red ray) and pulled back. We have a Target Zone for NFLX within 700 - 800.00.
It is beneficial to add here that these long-term projections on NFLX have been particularly useful to our strategy. See our previous trading call on this stock in September 2019 when the price was trading at $260. The price is now more than double and approaching our (then) target of $650:
** If you like our free content follow our profile to get more daily ideas. **
Comments and likes are greatly appreciated.
Netflix earnings are on the way... here's what I thinkNetflix reports earnings this week and it's going to be a really important report to the entire tech and media industry. Here's why:
1. We will find out just how much business the covid lockdown brought them from people staying home and in doors
2. We will find out how they are navigating the content creation lockdown and what that means for shows in the coming months and year
3. We will find out if Netflix is growing faster than its competitors like Disney, Hulu, and others if those companies are pressuring them at all
One thing I have noticed is that Netflix is up 75% year-to-date. Well done to those who have been long and are holding. My question, though, is what does Netflix have to report to meet these high rising expectations?
NFLX week of earningsWe're finally on the week of Earnings and the key questions is will be the bulls keep pushing the stock to the next level? or will the big players will try to get their profits from last friday and try to push the price down before earnings so they can buy cheaper again?
Call Scenario
The next fibo level will take the stock price to 620 level. If we look at the movement last earnings, was pretty similar with a full week of bear market .
Put Scenario
Big player will take their profits and take the price to the 490 price range.
Interesting week, let the game begin.
------
Finalmente estamos en semana de Earnings y la pregunta que todos nos hacemos es seguiran los toros empujando el precio? o los grandes jugadores tomaran sus ganancias del Viernes y trataran de tumbar el precio antes de earnings para asi poder comprar mas barato?
Escenario Call:
Nuestro proximo nivel fibo lleva la accion a precios alrededor de 620. Un movimiento muy parecido a los ultimos earnings el cual fue una semana entereda en mercado al alza.
Escenario put:
Los grandes jugadores toman sus ganancias y hacen que el precio retroceda a los niveles de 490.
UNa sesemana bien interesante..que el juego comienze.
NFLX Pre-Move Analysis |Technical look on $NFLX NASDAQ:NFLX with potential options play
Netflix makes $100 million commitment to support Black communities in the U.S.
As we come toward the end of this massive 10 month wedge, we must be patient. Throughout Covid, Netflix has performed rather well since the first wave, achieving 20% above previous 2020 highs.
Will Netflix moon into earnings? Will earnings disappoint long investors?
Comment your thoughts below!
The Plays:
Estimated Time: 7-11 weeks
- Bullish - Breakout on the upside or other bullish activity: NFLX $540 Call expiring late september, this break will result in a massive rip in which we will aim to play the continuation. Take profits!
- Bearish - Break toward downside, lose of channel: NFLX $460 Put Expiring late September or October. Chart is giving off more bearish signals than bullish but that's not pricing in Covid.
We will cover this play when the time is right, be sure to keep your eye on it.
This is not financial advice nor am I a financial advisor
DotcomJack
Netflix will continue to 512A new HP. As predicted, Netflix kept going up looking for zone 512. There is only 1 week left and it looks like tomorrow will reach the 512 zone. The question is will it keep going up until earnings or will the sharks will make the price goes down before earnings so they can buy cheaper?
Un nuevo Alto Historico. Netflix continua buscando la zona 512 faltando 1 semana para los earnings. La pregunta es, seguira creciendo hasta los earnings? o los tiburones haran bajar el precio antes de earnings para asi poder compar barato?