NFLX approaching the 100 week moving average, potential reversalNFLX fell off a cliff following some bad FA news. The sentiment around the stock is pretty bearish given this, and there has been tons of bearish articles that have come out, but I think this could be a fantastic buying opportunity as it is close to its 100 weekly moving average, which held the price on the previous drop back in October-November of 2018. High risk per usual given the bad news recently among other factors (such as increasing competition.) If price has a weekly close below the 100 week MA, we will most likely be eyeing the 200 weekly MA as the next potential reversal point.
Entry: 303-320
Target 1: 50 week moving average (currently around 338.)
SL: Weekly close under the 100 week MA.
Only focusing on 1 target for now as need to see price develop over the next few days and weeks to get a better idea of whether or not this will rebound back toward that 360-370 level.
-This is not financial advice. Always do your own research and own due-diligence before investing and trading, as for investing and trading comes with high amounts of risk. I am not liable for any incurred losses or financial distress.
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Netflix
BE READY TO BUY CALLS ON NETFIX NO RESISTANCE TILL 340 Obviously the results on NETFLIX WERE REALLY GOOD financially speaking !!!!
What the market forget is the big picture that net subscribers increase a lot during the first two quarters at a higher price point.
this miss target happened last year as well at Q2 so seasonality is a factor here, especially people star their new subscription at the beginning and end of year mostly.
Very unlikely the stock will go south from here and i bet it will recover to 340 rapidly
So few strategies to play price when written 324,97
- SELL PUTS WHILE THEY ARE STILL EXPENSIVE AT THE MONEY OR SLIGHTLY IN THE MONEY : 1000 $ one month per contract
- buy the stock now and lock in the profit at 325 for 1000 $ again per contract : 3% locked over 1 month or take the strike higher to 340 $ : if triggered 1503 profit from shares + 510 $ contract = 2013 $ on 32497 = 6,1% over one month
I guess you get my point now , play around strikes and put/calls however you like and enjoy the money while the IV is high!
IF NOT TRIGGERED ROLL OVER THIS AND ENJOY THE PREMIUM + PROFIT
Netflix, Much Needed CorrectionNetflix after printing 3 day bearish divergence, price needs to breathe and come down to that red line on RSI to start printing bullish divergence. It appears price has completed a expanded flat elliott wave type pattern, and because of this I now assume 5 waves down before a real reversal to possibly go make new highs. On Balance Volume also diverging bearishly as supply is being dumped with not enough buyers to clean it up. Also, a longer term correction could fulfill a bullish butterfly, but I personally do not see price getting there anytime soon.
This is truly just educational and posting this for myself to look back on.
SOLD MORE PUT ON THE HIGHER IV NETFLIX 360 @ 11$ 19/07 yesterday was expecting a higher vol on Netflix so placed an extra limit order at 11 (remember Friday was at 7,80)
When the stock reached 362 the trade triggered and went even to 11,80 each share !!!!! before coming back quickly to 369
As I said 360 is a great support for ST trading.
Lets see what the results will be today on Netflix but pre market is up , maybe those fearing bad reaction sold off already so i guess buyers will enter the stock today if want benefit the result earnings.
I have enough exposure on Netflix so will just let the position with 2 short at 9,80 $ average price or 1880 / 72000 = 2,6% trade in one week !!!!
Happy to get triggered so i can sell covered call on the stocks with high IV.
PUTS on NETFLIX VERY HOT RIGHT NOW 19/07 1000 + $ per contract PUTS ON NEFLIX EXP IN TWO DAYS STILL TRADE AT 1000 $ PER CONTRACT !!!!!!
I am already loaded so i prefer to wait for the results tonite and see where the price go
The 362 resistance still work ST i placed my bet at 360
BE READY TOMORRROW MORNING TO TRADE THE PUTS EVEN AT 50% DISCOUNT IF THE PRICE SHOOT UP
IF NOT SELL PUTS AT A MUCH LOWER STRIKE WOULD SAY 340 BUT SURE WILL BE A GOOD DEAL OF CLOSE TO 1000 $ FOR TWO DAYS
Netflix - Break of the Trend? Listed in the series star
Netflix's heavily hyped stock has been hit by the latest news. Although the company is growing with 2.7 million new customers in the last six months, it loses 130,000 subscribers in the important US market. That's Netflix's total of approximately 152 million paying subscribers. This is a stately number without question and provides the necessary cash flow but the target of 5 million new customers was clearly missed. Something like the stock market does not at all and also shows that the competition has increased but strong and thus growth can not be continued in speed, as previously expected. On the contrary, the competition pulls off successful series of Netflix and that could lead to a faster emigration of previous subscribers, if new series do not meet the taste of the customers.
Discharge pressure
While some investors picked up again after yesterday's low opening price, the chart has looked underperforming since last summer, and IPO Investors used the $ 300-350 zone to sell and safe their profits.
It looks very nice that in April 2019 no higher highs could be formed and the discharge pressure has increased.
The price gap of about $ 30 should be a cautionary mark!
P / E of 143
With $ 158 billion in market capitalization, $ 4.9 billion in quarterly sales, and $ 270 million in revenue, this is $ 20 billion in sales and $ 1.1 billion in revenue year-over-year.
This results in a KGV of 143!
Growth strength is decreasing
A high P / E ratio stock that does not deliver the anticipated growth can be shortet on the stock market in much less time than it took years to ascend the stock market.
For shareholders therefore caution is advised, because investors and traders could come up with the idea to push the gas pedal in reverse, because it is always the motto:
If Panic, panic first.
Greetings from Hannover
Stefan Bode
selling PUTS on NETFLIX at 360 for 7,80 exp 19/07/2019I sold some puts on Friday on Netflix 360 19/07/2019 triggered at 7,80 $ !!!!
You can see clearly that Netflix is experiencing a pull back on Friday which i have benefited by selling Puts on a HIGH IV of 70%
resistance on chart both at 50 and 100 days shows 360 and the first résistance on chart coincides at 360 as well
if broken expect the stock moving to 340 next resistance level
So I will monitor on Monday pre market and opening what the direction during the first hour of market is and if the price moves lower before earning then sell at 340 if you don't want a bad surprise but if daring like me then sell at 360 again and try to sell each put over 10$ on 100 shares
Stock recommendation are strong buy with only one sell rating so fundamentalists look bullish on the stock so don't be to scare if you get triggered just enjoy the volatility to sell puts expensive.
TRADE NETFLIX AND CHILL!!!Trade Netflix and CHILL??? Nice potential here guys, with the earnings report for Netflix releasing July 17th and the only real true value lately from them is "Stranger Things"(LMAO) will it be enough to push the market up, or will they spike the high(to my preferred AquaZition Zonezzz Entry) to dump it as their numbers are very poor... Did you know that they do things like spend 13 billion and only brought in 16 billion last year? They're expected to bring their spending up to 15 billion this year, well, what will their revenue look like, is it enough???
While others sleep and don't pay attention to fundamentals, it's also good to keep such things in mind going into a trade. Most of us seasoned traders go by what the market says as such in it's own language... Being prepared for a fundamentally impacted market place could help you stay ahead of the curve...
#staywoke
#AquaZitionZonezzz
#nextlevelmentorship
#westaylit
#pathtofinancialfreedom
#furtherhiskingdom
#enrichempowereducate
mass sales of cue ball? mass sales of cue ball?I think that Netflix’s statement about filming such a film is a continuation of the market, a massive advertisement for the entire crypto
Netflix makes a new documentary about altcoins.
In film:
Vitalik Buterin (founder of Ethereum)
Jihan Wu (Founder Bitmain)
Justin San (founder of Tron)
Yee He (Founder Binance)
Charles Hoskinson (founder of Cardano)
Sunny Lou (founder of VeChain)
Jun Hasegawa (founder of OmiseGo)
Da Hongfei (Neo Founder)
Roger Wer (Founder of bitcoin cash)
Grecone, Plasma, Decentraland, Ripio and Melonport.
This documentary is an absolute turning point for bitcoins and other cryptocurrencies. He received free publicity for the entire market.
Still have to learn about the world of cryptocurrency. Many people find it too difficult to learn. This documentary will be an ideal way to familiarize the public with cryptocurrencies. It is inevitable that millions of people watched it.
"Top and Bottom Analysis" Netflix (NFLX) by ThinkingAntsOk4H Chart Explanation:
- Price broke the Ascending Trendline.
- It is, currently, against an important Resistance Zone.
- If price starts its down move from here, it has potential to move down towards our Target Price at 240, being careful with the Middle Support Zone at 340.
Our Weekly and Daily Vision support this short idea. Take a look!
- Weekly Vision:
- Daily Vision: