NETFLIX BULLISH TRENDNetflix have stated some very interesting news and forecasts for the rest of this year, based on the fundamentals and technical analysis we can only see this stock going 1 way in the future.
Netflixandchill
$NFLX Long TermLooking at this monthly chart Netflix started to break above it's upper channel trend line. Typically when this happens it is a sign that there is some parabolic momentum and there is a good chance for a reversion back to the upper trend line. That measured move would be around the $288 zone. I would expect that area to be defended.
Netflix levels and FANGsInteresting outlier for FANGs
- Price is flirting with a 4/5 Month Trendline (pink line)
- Price has already broken a 3 Month Trendline (blue line)
-Ceteris paribus, not much support if it drops, Volume Profile suggests price could move to 318
- if you are Longing FANGs, shorting Netflix might be a useful hedge? given the the recent price action? Food for thought
Counter argument:
- BTFD
- Honestly this 1Day Netflix chart is crazy, trading against momentum like this might not be the wisest approach.
study of levels fOr Netflix { short time frame },according to me the stock is good & strong at current level , the good support comes at 250 levels which is important and at the same time very crucial .
the upside i see is atleast upto 266 -269 levels
while on downside i see it is limited to ( after breaking 250 ) upto 227 LEVEL!
..
personally it is my favorite stock in NASDAQ !
note : not a recommendation of buy and sell , just a general study of levels.
NFLX Short and Chill :) Short Netflix as it recently went under the 9 day MA, then the 50 day MA, and now has closed below the 100 day MA. My target is $139 for take profit which is next area of support.
NFLX @ 1h @ prices between 130 & 140 buyback price areaTake care
& analyzed it again
- it`s always your decision ...
(for a bigger picture zoom the chart)
Best regards :)
Aaron
Netflix has found a channel and is going to followNASDAQ: NFLX seems to be following a channel between 140.64 - 129.02. Will the trend continue to peak and fall around the 140 mark or will it continue to fall to a lower 130? Personally the stock seems to be healthy but, it is also near its all time high. I would think it would fall for a few more weeks. Go check it out.
NFLX @ 1h @ Great OutBreak last week! BuyBack zone now 133-137?Take care
& analyzed it again
- it`s always your decision ...
(for a bigger picture zoom the chart)
Best regards :)
Aaron
NFLX @ 1h @ doppel top, will upside trend hold (above gap) ?Take care
& analyzed it again
- it`s always your decision ...
(for a bigger picture zoom the chart)
Best regards
Aaron
NFLX @ daily @ Impact potential certainly possible back in gap ?Take care
& analyzed it again
- it`s always your decission ...
(for a bigger picture zoom the chart)
Best regards
Aaron
NFLX @ Daily @ ready to take off (new all-time highs)Probably NFLX is one of the shares with the most exciting bullish perspectives !?
133.27 (2015/12/07) is the actuallity all-time high price level
129.29 (2015/08/05) was the 1st all-time - summer last year
111.85 (2016/06/14) was the high in june this year before pressure appeared
An BreakOut above 133.27 should generate a mid-term buying signal & a BreakDown under 111.85 likely a mid-term selling signal :)
How ever,
as long NFLX is trading above the GAP (116.50 > 100.73) i am pretty bullish for this share ...
Prices from 120.37 until 116.50 are buying price areas for bulls !!!
1st target should be 125.81 (end of extended downside trendline)
2nd target should be 126.16 (temporarly high after november`16 lows)
3rd target should be 128.93 (start of extended downside trendline)
After that, should the way into new all-time highs be free - likely only a quest of time :)
Take care
& analyzed it again
- it`s always your decission ...
(for a bigger picture zoom the chart)
Best regards
Aaron
Is NFLX a buy or a sell?Look for reversal on MACD before buy. I haven't even subscribed to NFLX since the summer, I bought right before gap down (15%) and have been stubbornly using HULU ever since! However, the case could be made to be bullish ST, bearish LT.
Buy NFLX Netflix broke out from the downtrend but indeed there happened nothing last 8 days. But in a long range from 2012 lows to 2015 highs NFLX had a good correction at 85 = 38,2%. What makes me happy about a bullish scenario? I love this 3point extension after the split 07-15-2015. Since the level of 90$ = 23,6% stabilized prices after a long series of down gaps. So I follow the bulls here. :))))))))))))))
Quick Netflix ShortI'm seeing strong short term downwards pressure on Netflix. Target for profits is about 85ish.
There is very strong support down below 85, which indicates to me that someone with deep pockets and a long term view is aiming to keep netflix above that level. If that is the case, exiting at 85 and going long would be the best play.
NETFLIX IS DONESHORT THE NETFLIX IN WHEN IT TOUCHES THE RED LINE WITH SOME STOP LOSS ABOVE THE RED LINE. But short deep if fails to break the red line. Probably triangle playing out.
NFLX Has TWO Scenarios NASDAQ: NFLX took a massive hit today dropping currently around 14.00. As for the future of NFLX, there are two possible scenarios that could unfold. The first scenario involves the idea of NFLX falling to 80.23 by July 22nd, with a rebound back to 85.00. On the other hand, the second scenario involves the idea that NFLX will rebound by tomorrow and spike to roughly 93.00; which could be a massive potential for buyers. However, in this case it would cause the stock to fluctuate around 93.00 to 87.00 for about a month (similar to the trend found in May and June). I would suggest waiting until the end of today. Go check it out yourself.
