Nflxbuy
NFLX-BUY strategy +We are in the lower range of the Aroon oscilator, and this suggests we may be near bottom formation.
Further, the pattern resembles slightly an fals bear flag pattern and we got a gap fill.
Strategy is to BUY $ 1185-195 and take profit @ 265.00, before we will see selling pressure to happen again.
We add further BUY @ 165-180 when seen.
NFLX-BUY +++Even though we had much lower RSI in the past similarly a gap move down, the pattern currently is an inverted flag pattern (false bear flag) and this suggest we should good pull-back.
No change in view and therefore we BUY @ 185-200 and add BUY @ 170 below now. Profit taking @ 275. The correction will likely be around $ 100 up wards.
NFLX-BUY+++We are very oversold, and I understand the underlying reasons.
However, the liquidation of longs has been overdone, and short positions were added as well. This situation cannot last and requires correction.
Strategy is BUY current $ 195-200 and take profit @ 265. I do not see the ened for a top-loss (but one should depending to your personal situation of course). I would add BUY @ 175 below.
NFLX- BUY ++++Sorry for the mistake yesterday. The chart was not updated as the market had collapsed due to the release of financials.
No doubt the company has to repair some major issues and find away to attract subscribers and change the advertising model.
For now, this is a real market GAP and should be filled. I feel we should BUY current market $ 220-235 for a corrective move back towards $ 300. For now add further ADD further BUYS @ $ 190 or lower.
NFLX-BUY+The share is oversold, and it good levels to build-up longs.
The RSI is low, and so is the stochastic. The pattern has a type of continuation pattern, and this means we may attract lower levels.
Strategy is BUY $ 350-365 area and add on weakness $ 330-320-310. The correction may set in back towards $ 425-450 for the medium-term.
NFLX- BUY strategy - take profitFor new comers, NFLX has a buy strategy around $ 380-400 for now, and placing stop-loss $ 350 below is suggested. Profit order should be place somewhere $ 480-485.
For those already LONG, take profit $ 480-485 as well and move stop-loss higher to $ 398.
The bottoming formation looks good and we even have a GAP higher suggesting we had some interesting transaction in the background happening.
NFLX- BUY strategyThe sharp downward correction must correct. We currently have support $ 352 DC and a low RSI and a positive stochastic.
The gap also is over extended and we should fill it in the coming sessions. I suspect BUYING $ 350-380 for a corrective move $ 475 is feasible. The stop-loss if wished for, I feel below $ 330 for now.
NFLX- PLEASE BUY strategyI already updated in weekend. Of course, we need some humor looking at the market at the same time.
Considering the GAP due to bad earnings, it is quite obvious that we are extremely oversold. It is a no brainer to suggest BUYING, and of course trading is never for the faint-hearted.
PLEASE BUY LOL current $ 390-410 with profit target at a minimum $ 525 - 550. Stop-loss sorry I do not have due to the oversold nature of the share price. we can add below $ 370 again.
NFLX-BUY strategyGetting closer to stop loss below $ 500 and will change it.
Currently suggesting to add a BUY to the position as the RSI is way oversold, and I have not changed view for a corrective action in the near term. Adding current $ 510 and stop-loss moved below $ 475 for protection only, and not for getting stopped out.
The profit objective likely around $ 560-575 for now.
NFLX bullish divergenceThere is a bulliish divergence forming on the daily chart of NFLX. A higher low on the price chart and a loer low on the RSI. The resistance is at 626-633. When the price goes above 633 dollars, it is more likely to go up then down. And we might have a trend flip when we go above the 50 EMA.
$NFLXShares of Netflix (NASDAQ:NFLX) were up 4.8% as of 1:14 p.m EDT on Tuesday. The streaming media veteran saw a bullish earnings preview from analyst firm Cowen & Co., which included rosy results from Cowen's proprietary media viewership survey
In a third-quarter survey of 2,500 U.S. consumers, Cowen asked which media platform has the best video content right now.
Netflix led the pack with 28% of the vote, far ahead of YouTube's second-place tally of 15% and basic cable's third-place showing at 10%.
The "other" category, which includes social networks and various smaller video publishing platforms, added up to 13% of the vote.
Netflix was also found to be the leading service that consumers use most often for viewing videos, ahead of "other" platforms and basic cable.
This figure rose to 33% when zooming in on the important age group of 18- to 34-year-olds.
The stock reached another all-time high today, having posted a market-beating gain of 11% in the last three months.
Whether Netflix meets or misses Wall Street's expectations on Oct. 19, the stock is primed to make a big move on the news. Either way, Netflix remains one of my favorite stocks in the digital media space.
On the technical side of things Netflix is looking extremely bullish on the higher frames.
Breaking above previous resistance with a continuation up, I can’t see why this wouldn’t stop here.
It’s a little on the overbought side of things on the daily chart so could see slight pullbacks but overall should continue it’s way up.
MACD bullish.
RSI overbought.
Next point. $700
Watchlist this.
NFLX LONG Bullish trend of Netflix, started in April 2020, seems to continue after the breakout of the channel formed in the last months. RSI shows us that is not overbought or oversold and ADX is above 40 indicating a very strong trend. Entry price would be close to previous support formed after breakout. Moreover, support coincides with 50 % Fibonacci suggesting a probably inversion of retracement formed in these days.
BUY ENTRY: $ 566.84
TAKE PROFIT: $ 614.21
TAKE PROFIT 2: $ 668.84
STOP LOSS $ 539.91
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NOT FINANCIAL ADVICE