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NFLX

NFLX - Netflix and chill...further decline? NFLX - What a move! Netflix, yesterday the earnings of NFLX were not so hot after all. Allowing us to chill further down to a deeper pullback. We are pattern wise - Bear flag. Measuring it, could lead us to that first hit of the red trend-line up. Now it's still within consolidation. However, if NFLX does breach towards upside the arrow is showing where it could head to. However, likely of deeper pull back may be due for NFLX - What goes up, must come down. We had a steep momentum of bulls in control. Will we have the bears heading in control for little while...?! Only time will tell but great support and resistance lines to indicate to us what we could see happening as well as patterns. Give us a LIKE & COMMENT for any other pairs you might be interested in. All our ideas are FREE. Remember: It's just a trade idea, not recommendation. Have a great weekend.
NASDAQ:NFLX
by Trade_Journal
Netflix after earnings: a chartNetflix was down almost 15% after earnings. I quickly pulled up a chart to investigate. As you can see the stock was maybe "running ahead of itself." It went into earnings up 60% year-to-date. Most stocks don't return that in even a 5-year timeframe. Regardless, as you can see, the price is about to near a crucial point that marks a lot of volume and trading (the shaded box). My guess is someone sold a lot in those levels and whoever bought might end up with the bag. Let's find out though when the market opens shortly.
NASDAQ:NFLX
by scheplick
QQQ D1 update: 20%+ correction SOON(NEW/UPDATE)Why get subbed to to me on Tradingview? -TOP author on TradingView -15+ years experience in markets -Professional chart break downs -Supply/Demand Zones -TD9 counts / combo review -Key S/R levels -No junk on my charts -Frequent updates -Covering FX/crypto/US stocks -24/7 uptime so constant updates QQQ D1 update: 20%+ correction SOON(NEW/UPDATE) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage. Yes, I know, called that previously, and since then we still pushed slightly higher. However, only producing marginal highs since then. TSLA also gone parabolic pushing Elon Musk's networth >70 BLN USD in process, which is beyong ridic and just confirms that we are now in irrational exuberance / late stage of the bull market. 🔸 Summary and potential trade setup ::: QQQ daily hour chart review ::: fake V-shape recovery spells trouble ::: C1/C2 is 1.44/1.62 extension of AB swing ::: we are likely already maxed out ::: or got very limited upside from here ::: either way setting up for 20%+ correction ::: 3-5 weeks of correction incoming soon ::: better be prepared in advance ::: when there's GREED there's also PAIN ::: get ready for 20%+ decline in QQQ ::: a lot of OPEN GAPS left behind ::: they will get filled soon ::: good luck traders 🔸 Supply/Demand Zones ::: 205/188/176 fresh demand zones ::: N/A 🔸 Other noteworthy technicals/fundies ::: TD9 /Combo update: N/A ::: Sentiment: BEARS ::: Sentiment outlook short-term: BEARISH
NASDAQ:QQQShort
by ProjectSyndicate
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