Netflix
NETFLIX - DAILY CHARTHi, today we are going to talk about Netflix and its current landscape.
Netflix is poised to receive increasing attention from the market as relevant events are taking place. The company reported its international revenue and subscription data, showing a strong results overseas, the numbers don't lie, amid the ongoing streaming war, the company has managed to continue to push forward, due to its global penetration, an advantage that Netflix holds over its adversaries, that is still establishing a global representation, and can give an edge for Netflix on the sector and solidify its investors trust.
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"Netflix going up" by ThinkingAntsOkDaily Chart Explanation:
- Price bounced on the Weekly Ascending Trendline.
- Price broke the Descending Trendline.
- Bullish CCI crossing -100.
- Price made a correction and, now, it has potential to move up towards the Resistance Zone.
Weekly Vision:
Updates coming soon!
Netflix’s Long-Overdue ConsolidationThe media company has seen mostly uninterrupted heights since 2013.
With the release of Disney+, Netflix might need time to consolidate as the saturated video-streaming market might see revenue drop from
The zoomed-out monthly chart shows the MACD and RSI looking to bounce up, but the daily chart indicates a downward trend.
Netflix is using corporate synergy to reel in content with Nickelodeon
media.netflix.com
This is an article from 2016 suggesting that the video-stream market is oversaturated, and since that time YouTube, Hulu, Amazon, Disney, Sony (Who’s PlayStation TV was discontinued), Starz, and HBO have all tried to grab hold of an audience. Combining this with competition with Roku and Firesticks as well, this upward trend might have hit a roof.
www.strategyanalytics.com
Netflix Long Term IdeaGood evening ladies and gents,
I have had this pattern drawn out since early-mid July and I believe I even posted it a month or two ago as well. But reposting it once again to give an update. This idea remains a very real possibility but it could take months to even a year or so before reaching the pcz of the bullish Bat. The Pc(Zone) would be between $119 and $138. It would be badass to look at this post a year and a half from now and see it hit the pcz and start playing out.
Just an idea for now.
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NETFLIX OFFER IS VASTLY SUPERIOR TO APPLE OFFER - MY DISCOVERY !Netflix can feel secure of Apple competition as after few days with apple tv + , i can directly say that it is nowhere near of what Netflix is offering
- Product offering is quasi inexistant for APPLE !!!!
- Price of 5 dollar does not include all the movies that you get included in Netflix
- Series so far sucks !!! like SEE and Morning Show
I am just laughing and understand why apple offered it for free with 2019 apple product purchased
Which means that all the "new subscribers for apple tv + will be non-paying for sure
My conclusions so far is Apple has a long way to go to match the last 10 year original productions Netflix accumulated and library of movies. The first mover advantage will be hard to beat without huge investments from apple.
So Netflix is definitely a buy right now that i saw the supposedly competition
Anyone having Disney please share your experience
Have a great trading day all of you
Any comments feel free
Make or Break for TechNetflix is reporting earnings today at 3pm EST, I don't have a view on whether or not they beat or miss their projections but one thing I do know is that today will be a signal for how large tech names will trend over the next 1-3 months. As you can see on the chart Netflix has broken out to the upside over the past month and if they beat earnings even by a small margin I can see this stock easily rising to $300 in the near future. If you enjoy these charts/idea please visit northernmaplecapital .com for more free research.
Elliott Wave View: Further Downside in NetflixShort term Elliott Wave view suggests the rally to $299.5 in Netflix ($NFLX) ended wave 2. From there, the stock resumed lower and ended wave 3 at $252.03. Internal of wave 3 unfolded as a 5 waves impulse Elliott Wave structure. Down from $299.5, wave ((i)) ended at $287.45 and wave ((ii)) bounce ended at $293.81. The stock extends lower and ended wave ((iii)) at $261.89, wave ((iv)) bounce ended at $266.60, and wave ((v)) of 3 ended at $252.03.
Wave 4 bounce i still in progress. Near term, while bounce stays below 299.54 expect Netflix to extend lower. We don’t like buying the stock.
ROKU - Will it fill the gap?Today's market showed some breath, specially for software. Which is normally a growth>value story.
$118 is the closing gap resistance.
Important market sentiment:
Tomorrow October 4th will be a deciding move, as we get the employment report before the open (8:30am ET).
With recent continued weak manufacturing data, this employment data could tell us if a recession is coming, and more importantly (short-term), if the FOMC is going to cut rates again.
The market has the cut now priced with a probability of 90% at the end of this month.
Netflix and my opinion.Hello everyone. I wanted to take a look both long and short term on Netflix. Since it seems to be down like 33% selling pressure is very large, so we need to keep in mine the bearish sentiment, but can not rule out the bulls either so that's what I am here to look at and investigate.
This week I see some things playing out. It would be hard to trade these moves, as either could happen but we need to look at the charts to make an opinion. So lets take this chart step by step and let me tell you what i believe is going on.
I am bearish currently short term. Just a few reasons for this!
1st the closing candle for today is a bearish shooting star candle.
2nd the two indicators I have on the bottom the W%R and the Stoch Rsi showing short term over bought conditions. A correction is likely coming.
3rd, the 28 EMA (4h chart) moving average has been resistance for a while, and we are only 1.5% away from it, so we would need to break it for me to go more bullish.
the bullish signs I see are mostly long term, like on the month and weekly chart. The white and red lines near the $250 is where I would put a buy order in, or long Netflix. The only other support I can see is $264
That said if Netflix goes above the 28 EMA (4h chart) I would start selling at $278 because the price will drop back down either to $264 or even lower at $250, depending on how the chart plays out. I would probably get Netflix at 250 rather than 264.
This is my thoughts on the next week or 2 for Netflix. Will be updating charts as we move along.
If you have questions please let me know @Keifer_Coggin
please don't invest more than you can afford to lose, also I am NOT a financial adviser..yet ;)