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Netflix

Signals for 21/07/2020let’s look at today’s ideas. Let’s start from EURUSD. For this currency pair we have to wait for the reaction of the price to the resistance level. If the price holds above – go long till 1.1380. And if it holds below – go long till 1.15, pretty simple, right? GBPUSD – The price stays inside an important resistance level. I expect the price to go down and hold below the level. I fit will happen it is a nice opportunity for short trades. The first target – 1.2620. USDCAD is now inside an important support level. If you look at the bigger picture – the price tried to form a false breakout. That’s why we have to wait. If the price holds below this level – lovely chance to go short. First target: 1.3420. Another idea is for Microchip Technology Stocks (MCHP). As you can see price tried to form a false breakout of an important resistance level at 108 USD/Share. That’s why now we are looking at how price will be acting: if there is going to be an impulsive breakout, you can go long for this stock after a fractal formation. And the first target will be around 113. The last idea is for Netflix. As you can see the price bounced from an important support level around 490. So, this is a nice chance to go long for this stock. And the first target will be around 530. That's it for today!
NASDAQ:NFLX
by Horizon_Trading
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.
NASDAQ:NFLXEducation
by breakoutfakeout
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.
NASDAQ:NFLX
by Trade_Journal
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.
NASDAQ:NFLX
by scheplick