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NFLX

NFLX holding on, but for how long?NASDAQ:NFLX had a run after finally finding a way to stop and monetize password sharing via an ad-based subscription. Now, where does it go from here? In this content war, where companies are jockeying for the best scripts and distribution rights, NFLX still has a leg up being the first one with legacy viewers. NYSE:DIS has the most content, but it still faces a challenge balancing the profit of that segment compared to NFLX. Bullish Case - The trendline is a little sharp, but it is still holding. The price is trapped against resistance but can retest 450 after breaking the 442.47 resistance. It looks like a scallop breakout, and this should stay on path. The worst-case scenario would be consolidation to gain support before the retest. Bearish Case - A double top is ready to break down, yet bulls are still holding onto this weak trendline in hope. When we break down from 411.91, we can test 400. There's no way to consolidate because the measured move provides a better risk-to-reward ratio. Conclusion - This is looking for support. It could find it, but the trendline is too far up. Playing it based on the breakout is the best way to trade here. Getting in early is a guessing game, let the chart be your guide. Bullish above - 442.47 Bearish below - 411.91
NASDAQ:NFLX
by JDTheGreat
Netflix: Are you still watching…? 👀Well, the question should rather be: “Are you still climbing?” Indeed, Netflix still has got some room left to expand wave 1 in turquoise further upwards, although the next top can be placed anytime now as well. As soon as this is done and dusted, the share should turn downwards to develop wave 2 in turquoise before the next stage of ascent can start. However, there is a 34% chance that Netflix could continue to climb higher than primarily anticipated. In that case, we would expect the share to already develop wave alt.3 in turquoise, meaning that wave alt.1 and alt.2 in turquoise would be finished by now.
NASDAQ:NFLX
by MarketIntel
NFLX Share Price Hits Year HighSince the beginning of the year, the NFLX share price has risen by about 55% (for comparison, the S&P 500 index growth was 16% over the same period), and yesterday NFLX reached a price of USD 450 per share — the highest since the beginning of the year. Bullish sentiment in the market was facilitated by news from analysts at Goldman Sachs, who upgraded the rating of NFLX shares and raised the target price of NFLX shares from USD 230 to USD 400 (9% lower than the current one). Isn't it too late? As a reminder, we pointed to the growth prospects of NFLX stock on October 10, 2022. Strong demand for NFLX shares in 2023 is supported by the release of quality content, as well as opinions that the company has managed to regain subscribers and successfully resist password cracking. However, there are certain threats to the NFLX stock, which looks very strong within the channel shown in blue: → the psychological level of USD 450 per share, which shows signs of resistance; → yesterday's high of the year candle looks uncertain due to the long upper shadow. It may turn into a false breakdown of the June high; → Fundamental factor: Netflix's Q2 report is expected on July 19. If the data disappoints investors, it could lead to a pullback in the NFLX stock price to the lower border of the blue channel, or even a bearish breakout. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
NASDAQ:NFLX
by FXOpen
NETFLIX: Sell conditions emerge. Bearish rest of Summer.Netflix is trading inside a Megaphone pattern since the May 2022 bottom and is approaching the formation's top. The 1D time frame is on green technicals (RSI = 68.406, MACD = 15.870, ADX = 40.286) but just 2-3 weeks ago it was massively overbought, showing that the massive bullish leg is getting exhausted. Be ready to sell and buy back on the 0.382 Fibonacci (TP = 370.00). That will make a technical Megaphone bottom on the HL trendline while approaching or touching the 1D MA200. This is where we will buy again and target the 0.786 Fibonacci (TP = 585.00). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
NASDAQ:NFLXShort
by InvestingScope
Opening (IRA): NFLX August 18th 345 Short Put... for a 3.75 credit. Comments: 30-day IV of 47.9%. Selling premium in some high IV single name, with the caveat that earnings are on July 19th, so I'll be "playing through" and (continuing with the golfing theme) hoping to clear the water hazard. As with my broad market short puts, targeting the <16 delta strike paying around 1% of the strike price in credit, giving me room to be wrong. I'm primarily doing this because broad market IV isn't exactly great here: IWM, 19.9%; QQQ, 19.5%, SPY, 13.0%.
NASDAQ:NFLXLong
by NaughtyPines
NFLX is accelerating its rise !NFLX is accelerating its rise ! This chart shows the weekly candle chart of Netflix stock in the past two years. The graph overlays the line between recent low points and low points, the horizontal line of the previous short start position, and the horizontal line of the long start position before making the top. As shown in the figure, Netflix's stock has closed positive for five consecutive weeks and has broken through multiple resistance levels. The next resistance level for Netflix stocks is the top horizontal line (489.68) in the chart, which is the weekly opening price for the week of June 14, 2021!
NASDAQ:NFLX
by Think_More
Research firm claims Netflix adding new subscribers According to a recent report by a research firm, Netflix has added a significant number of subscribers after their password crackdown. This is excellent news for investors as it shows that Netflix is taking proactive measures to protect its content and attract new subscribers. As we all know, a growing subscriber base is crucial for the success of any streaming service. With this in mind, I encourage you to consider investing in Netflix. The company has a proven track record of success and constantly innovates to stay ahead of the competition. By investing in Netflix, you can be a part of their continued growth and success. I hope you will join me in investing in Netflix and taking advantage of this exciting opportunity. I look forward to your comments. msn.com/en-us/money/technology/netflix-added-subscribers-after-password-crackdown-research-firm-says/ar-AA1cleMG?li=BB16M4hs
NASDAQ:NFLX
by bryandowningqln
Netflix Stock 11% Up Following Crackdown On Password SharingNetflix has made a strategic move to curb account sharing by nearly half its global user base to boost revenue and subscription rates. The policy checks a device's IP address to confirm single-household usage, but tech-savvy users have bypassed these restrictions with a VPN app, Meshnet, muddling Netflix's ability to identify user connections from different locations. This could potentially affect Netflix's bottom line. Interestingly, following the announcement of the crackdown, Netflix's stock price surged by over 11%, peaking on May 30th with a 4% increase from the previous day. However, with resistance levels at the $400 round number and the weekly 50 simple moving average, the company has a hurdle to overcome for stock growth. Overcoming this resistance could signal a substantial recovery from the 75%+ decline seen from November 2021 to May 2022. As Netflix faces challenges like the VPN loophole and strategic shifts, questions arise about the future course of the company and its stock. If you enjoyed this post, make sure to like, and follow for more quality content! If you have any questions or comments, comment below. We reply to every comment! See below for more information on our trading techniques. As always, keep it simple, keep it Sublime.
NASDAQ:NFLXLong
by Sublime_Trading
2
Is ROKU ready to reverse and recover?ROKU here is on a one hour chart. IT has trended down from from its supply/ resistance area of 65-68 and has dipped into its demand/ support zone of 52-53 per the Luxalgo indicator. Price is presently far below the high volume area of the volume profile which shows the the highest volume at 64. At this point, short sellers are buying to cover and take profit. Price is now at the lowermost VWAP bands in the deep undervalued area. Bargain hunters such as myself now have an interest. Fundamentally, the last earnings report was reasonably favorable given the context of the general market and the economy. I see ROKU as a long-trade candidate at this point. It should follow AAPL, TSLA, META GOOG and other mega-caps and begin an uptrend. ROKU has high volume high liquidity and relatively narrow spreads. I will take a call option trade striking $50 with a DTE of 30-45 days. IF it performs well, at 21-30 days I will roll it into another.
NASDAQ:ROKULong
by AwesomeAvani
1
NFLX - Rising Trend Channel [MID TERM]🔹NFLX is in a rising trend channel in the medium long term. 🔹NFLX broken up through resistance at 370. 🔹The volume balance is positive and strengthens the stock in the short term. 🔹Overall assessed as technically positive for the medium long term. Chart Pattern; 🔹DT - Double Top | BEARISH | 🔴 🔹DB - Double Bottom | BULLISH | 🟢 🔹HNS - Head & Shoulder | BEARISH | 🔴 🔹REC - Rectangle | 🔵 🔹iHNS - inverse head & Shoulder | BULLISH | 🟢 Verify it first and believe later. WavePoint ❤️
NASDAQ:NFLXLong
by wavepoint99
NFLX Watching for another BreakoutNFLX gapped up on the morning of 5/18 with high momentum and a volume spike both of which faded by mid-day shown on this 15- minute chart. Since then price has been in a narrow consolidation range centered about the POC line of the multisession volume profile. Price is in the fair value area between the mean anchored VWAP and the +1 STD band. The zero lag MACD is confirmatory for a trend resting in consolidation I will watch for green candles in a row with the second having more range than the first. I will check to see if the relative volume is 2X the running mean. If so, I will enter and try to get the early breakout. Stop loss will be $365 below the POC line. I will exit upon seeing upper wicks and volume falling back down to the mean. My expectation is for a quick 3 to 5 percent trade with a R:R of better than 10:!.
NASDAQ:NFLXLong
by AwesomeAvani
NFLX breakout daily and 1hr chartNFLX daily and hourly Top watch going into the week. Daily 9/21EMAs crossed and we broke out of this trendline with an explosive move outside the upper Bollinger band. Ideally, I would like a pullback to the trendline or breakout zone between 332.5-334.5. I've also got my eye on 336.5 level on the hourly chart for a possible intraday setup, but I'd rather bounce it down at key support level. Leaning long on it this week. Once this stock gains momentum it moves very quickly, don't fight the trend.
NASDAQ:NFLXLong
by MIGHTYMIKEE
Institutions are dumping NFLX within an apparent diamond patternI spotted this diamond a year ago after the earnings panic. Since then, I realised that institutions have been dumping Netflix at a prodigious rate. In fact, NFLX has gone from nearly 100% institutional ownership, down to 74% institutional ownership in around 15 months. This translates to institutions performing a dump of just over 1.5% of institutional holdings every month on average. I think this short has a lot of potential if I am correct about the diamond pattern and it's clear that the catalyst is going to be institutional deleveraging. What I'm looking for to confirm this trade is an ABC move up. That is to say, the dump back in October Q4 was an A wave down, we are now in a B wave (that subdivides into a smaller ABC move up) and confirmation of this trade will mean that we complete the ABC I have sketched out (zig zag pattern) up to roughly around the 400 range. An ABC up in this manner means we have a B wave with a C wave decline yet to materialise and it's the C wave we should aim to capture with a short. I consider this quite a long-term outline and I don't envision this C wave to materialise until next year. My suspicion, is that NFLX is being harmed by the streaming explosion that has resulted in a massive influx of very aggressive competitors. I think that the password-sharing crackdown will ultimately do more harm than good and do nothing to help their earnings. So, I'm not saying get in on this now, but the basic premise here is to wait to see if the ABC zig-zag upmove (representing a cyclical B wave) materialises. If it does, I consider NFLX could be an excellent short.
NASDAQ:NFLXShort
by RogueEconomics
2