Netflix
Netflix Breaking out with above average volumesGoing long at tomorrow's open with an initial 1% position and a 10% stop loss.
April 7 - NFLX - We see a break above flag formation in yesterdays trade, this morning we have pulled back and printed a low which can be looked for longs against $370ish
NETFLIX FORMING CUP & HANDLE FORMATION Hello community and welcome, thanks for the feedback and the messages, I really do appreciate them every damn time ;-)
Anyway, this is a short one on NETFLIX stock (nasdaq).
As you guys can see VOLUME is decreasing, divergence is unfolding and this beauty is forming a CUP & HANDLE.
For those who do not know what it is, I suggest to check it out on the internet or consider watching Videos/Charts I did about this formation.
Basically netflix has got strong fundamentals, almost acts like a monopole in its market, RSI is showing a strong divergence, options market might catapult it to ALL TIME HIGHS!
I expect the HANDLE soon, because the CUP has formed already, therefore a short term selloff to 320 might be possible, but any BUY IN in the ZONE might be a good trade for the longterm game.
Quarterly sales report was very positive though, looking forward, we might see a bright future for this stock especially when we overcome corona virus in the future, which has lead the markets to dip hard.
Recovery mode is activated already, so do not miss the train.
Much love, see you in the next one,
your quality trader
Powerful Traders, everyday EWA's analysing & working process (b)Hello.
Everyday EWA's random training process is an important part for the experience & symbiosis with the Market.
Kind regards, Team Traders "Powerful Traders" netflix
Powerful Traders, everyday EWA's analysing & working process (a)Hello.
Everyday EWA's random training process is an important part for the experience & symbiosis with the Market.
Kind regards, Team Traders "Powerful Traders" netflix
NFLX Asceding Triangle + Cypher Pattern (Possible Breakout?)MONTHLY CHART
As we can see in the monthly chart the price of Netflix forming an ascending triangle and before the ascending triangle there was a strong uptrend so i estimate that in some point in the future will be a breakout to the upside.
The ascending triangle is formed with the trend line that formed from 2018 and act as a support and the resistance line around 390$.
WEEKLY CHART
As we can see in the weekly chart we can see that there is a possibility of the creation of a cypher pattern that is an indication of a bullish movement in the future. To be valid the price has to reach around the resistance line and then fall at around 290$ and bounce back at the support trend line in the ascending triangle. Then i can think that the price it will bounce some fib levels of the CD retracements move sideways and lead to the breakout of the triangle.
DAILY CHART / BUTTERFLY PATTERNS
We can see the form of a bullish butterfly with the green that is completed and then the form of a bearish butterfly pattern that is yet to complete. Ultimately as the price fall and then retrace around in the D point close to support line. That is also a sign that validates the bullish cypher pattern because, the D point of the bearish butterfly is the C point of the cypher pattern. So as the price move to D point of the bearish butterfly it has to fall and it will fall and hopefully reach the trend line that acts as support line in the triangle.
DAILY CHART / HARMONIC PATTERNS
We see how this three patterns connection and how the three of them validate the prediction of the price move
With the orange line is a prediction of where the price will go in the future, just my opinion.
Netflix; Looking for a break out if levels can holdLooking into longing netflix if this price level holds . Take profit 390-400
Netflix $NFLXEspecially this time of period, many people watch serials, movies and $NFLX is getting much more popular around the world. It has been consolidating since july 2018 and i think it is the best time to boost up. It seems forming "Ugly Double Bottoms". To make the pattern works needs to break $386.
"Netflix: on an adverse context, can it go to the ATH Zone?"4H Chart Explanation:
- Price bounced on the Weekly Ascending Trendline.
- Price is close to the next Resistance Zone.
- If it can break it, potential to move up towards the All-Time-Highs Zone.
Weekly Vision:
Daily Vision:
Updates coming soon!
NETFLIX (NFLX) TURMOIL'S BLOW TO STREAMING
while all equities are falling apart Netflix turned to be relatively stable.
but most likely this phenomenon is just temporary.
on a daily on Thursday we saw a retest of a key level and strong rejection with a consequent negative reaction on Friday.
I believe here we have a perfect opportunity to short the stock expecting a drop to lower structure levels.
first - retest of a current local low 298
and then to 255
good luck!
don't forget to support the idea with like and comment! thank you!
NETFLIX STOCK oppBased on wyckoff accumulation presented in price and new features launched by Netflix, it sees a good opportunity to invest in netlifx stocks. Also based on global conditions, including lockdowns, at the moment netlix has increased their stocks by 17%. Look for price action as given in the analysis and enter at own risk.
Let's see what happens in the next few weeks.
NFLX triangle patternNFLX chart pattern looks favorable and we are looking to place longs on NFLX with this strong holding stock
$NFLX RSI DIVERGENCEIn the weekly chart of Netflix we can see the form of a double (triple) top and i we see in the rsi pattern we see a divergence.
So i think the price will go in the next days down until it hits the main support at 259$ and test it.
3 BUYOUT OFFERS @ $20 A SHARE - TRADING AT HUGE DISCOUNTTGNA received 3 buyout offers in cash.
Last night, another offer was announced at $20 a share.
In this crazy market, to have a company getting so many buyout offers is in our opinion, very rare.
TGNA has quality assets that are in big demand.
TGNA is the largest owner of NBC, CBS, ABC and FOX stations in the top-25 U.S. markets.
Overall TGNA / its stations reach approx. 39% of the United States.
In our opinion, the stock is trading at a huge discount.
In a market like this, TGNA is a stock you want to buy and hold.
There could be a bidding war soon.
LONG
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Strong buy at 250 5yrs MA and lowest 2018 , WISH LIST I doubt will reach it but I have high expectation on ppl stupidity when told to panic
As strange as it is it is not a short call , rather dream target buy call
NETFLIX (NFLX) May Soon Break Resistance
I pay close attention to 386.0 resistance level for quite a while!
buying volumes are consolidating and chances are high the resistance will be finally broken.
breakout will be a perfect trigger for us to open long trade on the retest of broken resistance
expecting bullish continuation to a current market high, and who knows, to new structure highs then.
set the alert above the level not to miss the breakout!
good luck!
don't forget to like the idea! thank you:)
$NFLX Iron CondorJust stay in the green box...
Buy: 3/20 415 Call
Sell: 3/20 410 Call
Sell: 3/20 340 Put
Buy: 3/20 335 Put
Net Credit: $172
Max Loss: $328
AMZN Bullish comeback Bearish gold market last week at same Time that media has been talking about the major drop in stock market, something is telling me investors might be coming in to buy big again for a lot of stocks, might also see more downside for gold.
TP and SL have been marked on chart.
