NFLX
$AAPL $NFLX $BABA $SNOW I OptionsSwing WatchlistBABA 1D I BABA broke from a massive falling wedge established last year, and its ready to run up into its earnings.
AAPL 1D I We saw AAPL break from a triangle pattern and retest the breakout just to make a higher high. Expecting to consolidate near $130.
NFLX 1H I After seeing a consolidation near the $500 price level, we saw NFLX make a push last week to $530 as expected.
SNOW 4H I Following growth stocks, particularly cloud stocks as they are making a quick comeback. SNOW is near IPO levels and we want to see consolidation above $250 for continuation.
#NFLX: Long term trend resuming? Daily and weekly are bullishThe way I see things we are about to have a face melting beta rally, with growth outperforming value again for the rest of the year and into Q1-Q2 2022 at least.
$NFLX might be a good position to have, quite unloved for a long time, lagging the mega cap rally, and coming out of a nice base, weekly uptrend formed after the 9 week down trend signal expired last week.
I like the Spielberg partnership news, and the way things are going with the new delta variant and rising cases I suspect people will do a whole lot more of sitting and streaming at home for much longer.
One thing $NFLX was lacking was new content, now they are once again able to film new stuff, and might actually generate some growth again.
Best of luck,
Cheers.
Ivan Labrie.
As another request, will look at NFLX! 👍As my follower @KingArthur904 requested, here are my insights about NFLX!
Well, we have an amazing bull trend here! What’s more, there’s nothing telling me that NFLX will go down. We have not a single bearish pattern here. I see NFLX at 546.45, and I’ll explain why soon.
But is there something that could make it correct? Yes. If NFLX loses the 525.12 I see it at the gap at 518.56.
Another possible danger is in the 4h chart. We are outside the Bollinger Bands, and the RSI is clearly overbought. This indicates euphoria, and usually, what follows euphoria is pullbacks.
If the bulls are strong enough, we’ll stop at 518, but we should be prepared for a possible pullback to the 511. Especially if the Nasdaq and other faangs drop as well. I don’t see NFLX reversing and becoming bearish, though, but I expect a pullback – despite the lack of confirmation. This could give us a buy chance, in my view, but it must do something good near the support level first!
Let’s just focus on the points mentioned in the 30min, as they will be our main guide for now.
If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉.
See you soon,
Melissa.
$AAPL $NFLX $ABNB $SNOW I OptionsSwing WatchlistABNB 2H I Following ABNB closely as it is breaking a downtrend from March and travel is near pre-covid levels.
AAPL 1D I Tested and broke out of the triangle we highlighted last week. We want to see a consolidation outside of the triangle before the next run.
NFLX 1H I Our bullflag paid last week, we want to see NFLX consolidate above $500 and continue its run up into earnings.
SNOW 4H I Following growth stocks, particularly cloud stocks as they are making a quick comeback. SNOW is near IPO levels and we want to see consolidation above $250 for continuation.
$AAPL $NFLX $BABA $HD I OptionsSwing WatchlistHD 2H I HD is currently breaking out of this bullish formation with strength. Looking for a break above $313 with a $320 target next week.
AAPL 1D I Held the bullish uptrend established back in September. Unusual options activity was bullish and they bet on a retest of $128 this upcoming week.
NFLX 1H I Trading within a bull flag, we are looking for a break this week give unusual options activity betting on the $495-$500 calls for 06/18.
BABA 1D I Massive falling wedge pattern which could break to the upside before earnings on 08/19. The Chinese giant is more than 30% down from ATH levels. However, there is some sense of renewed hope in the company as US investor Charlie Munger recently disclosed a sizable stake in the company.
Reward > Risk for VIAC - 2:1 - Yields 2.5% - P/E = 9+ (Cheap)Great long-term prospects in the coming year. Assets alone worth more than market cap. Blended model of streaming and legacy tv/cable along with ad supported model which NFLX doesn't have.
Excellent long-term value at this level bc it serves as a bond paying 2.5% div yield along with above average growth prospects (more-so than NFLX and NFLX doesn't pay a dividend and isn't profitable).
Dividend yielding stocks are gaining traction as the market theme for 2021 as inflation increases and growth stocks falter. This is the best of both worlds IMO.
(Opinion Only)
Should you buy Netflix stock? With its huge subscriber miss in the first quarter and weak guidance for subscriber growth, the weaknesses in its business model are undeniable. As a growing number of competitors take market share at a rapid rate, it’s clear that Netflix cannot generate anywhere close to the profits implied by the current stock price. Netflix reported just under 4 million new subscribers in the first quarter, well below its previous guidance of 6 million and consensus expectations of 6.3 million.
NFLX - Important LevelsAfter a drop from ER, we are left with a gap to fill & sitting on support.
Key level to break through to our entry is 507.85.
Entry: 519.80
Target: 546.40 (gap fill)
Stop Loss: 496.00
Ideal expiration date would be 1-1.5 months out to give us time to reach that target. This play partially depends on how SPY does, so keep an eye on it as well.
This play may take a week or two before it happens. But when it does, it will be well worth the trade.
Another good RSI divergence on NFLX!Hello traders! NFLX just hit its support around the 497! The stock is giving some signs of life, and we have a quite nice divergence on the RSI.
The stock will potentially reverse and seek the gap at 549, and we have a good risk-reward ratio.
If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉.
See you soon,
Melissa.
Amazon(AMZN), AAPL, NFLX, TSLA, GME, XAUUSD, USOIL - May 4Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also click "Like".
Have a good day.
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(AMZN 1M chart)
(1W chart)
(1D chart)
We have to see if we can get support and climb at 3379.09.
If it falls at 3176.40, you need a Stop Loss to preserve your profit or loss.
In particular, if it falls, we need to see if it can gain support and rise in the boxed section of 3008.91-3294.62.
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(AAPL 1D chart)
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(NFLX 1D chart)
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(TSLA 1W chart)
(1D chart)
We need to see if we can get support from 683.20-713.03 and get off the downtrend line.
If it falls, we need to see if it can rise along the uptrend line (1).
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(GME 1D chart)
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(XAUUSD 1D chart)
We must see if we can ascend above the 1794.981 point.
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(USOIL 1D chart)
You should watch for any movement that deviates from 60.25-66.26.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Hence, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator published by oh92. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Market price at the time of opening
(Example) Gap (G1-G2)
Amazon (AMZN), NFLX, TSLA, XAUUSD, USOIL - April 27Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also click "Like".
Have a good day.
----------------------------------
(AMZN 1D chart)
We should watch for any movement that deviates from 3379.09-3548.97.
If it falls, you need to make sure you get support in the 3294.62-3333.0 range.
If you move down at 3294.62, you need a short stop loss.
It is expected to create a new wave as it deviates from the large box section, 3008.91-3294.62.
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(NFLX 1D chart)
We must see if we can ascend above the 511.29 point.
If it falls, you need to make sure you get support at 489.91-500.03.
If it is supported in the important support zone, 463.89-500.03, it is expected to continue the upward trend.
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(TSLA 1D chart)
We have to see if we can ascend above the 742.03 point.
If it falls, you need to make sure you get support from 683.20-713.03.
If it falls below the uptrend line (1), a Stop Loss is required to preserve profit and loss.
However, there is a high possibility of climbing after receiving support in the 355.14-444.61 section, which is a strong support section, so countermeasures are needed.
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(XAUUSD 1D chart)
You should watch for any movement that deviates from 1727.175-1794.981.
In particular, we have to watch for movements that deviate from the downtrend line.
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(USOIL 1D chart)
You should watch for any movement that deviates from 55.26-66.26.
In particular, it remains to be seen if it can fall below the 60.25 point.
-------------------------------
(AAPL 1D chart)
-----------------------------------
(GME 1D chart)
-------------------------------------------------- -------------------------------------------
** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)