Nflxbuy
NFLX Long 4:1 R:RNFLX is at support, which has held a few times already.
Although the recent news about Pfizer's vaccine had a negative impact, the company did benefit from subscriber growth during the pandemic and is in overall a good spot.
I see this trade as worth taking, considering the R:R ratio but will nevertheless be cautious, as tech might continue to trend down heavily duo to the vaccine news.
$NFLX Long Strategy for Short Term Options Swing TradeMy analysis has NFLX in a wave 2 correction for a micro wave following a minuette wave 2 correction and subsequent bull flag breakout. I expect this micro wave 2 to retest the channel at the 0.5 to 0.618 retracement level. Once I see confirmation that the correction has ended, I will purchase an in the money Call Option with an expiration of 11/13. The 0.618 extension for the micro wave 3 is based on a retracement in wave 2 to the 0.5 fib level. I will need to adjust the fib extension once there is a definitive bottom.
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NFLX wave (v) increase NFLX is setting up for a wave (v) increase into the 600-620 upside target. Wave v rally in progress as the current bullish triangle pattern has been completed yesterday. If this is the case bulls are setting up targeting the potential 760-770 wave v upside target. Check video update on trade management and profit maximization on NFLX existing bullish vertical spreads.
NETFLIX INCThe market is generally always bullish. but he lost a bit of that strength. at the moment he is creating a trading range in the weekly chart. if he ever breaks the (465) with power. there is a probability that he can reach around (413.93)
but if he ever breaks 522 with power there is a probability that he will reach around ( 590 )
NFLX CallsIm still in on NFLX calls, the chart is looking great dont mind all my trend lines, I like to use them to show support resistances and rice targets on multiple time frames, the main target for NFLX is 525 to fill that MASSIVE gap which is a great opportunity for all of us.
I got into Aug 7 525 calls if it doesnt hit 525 by next week ill sell the aug 7 and buy into 2 weeks out.
Feel free to direct message me if your interested in joining a trading group, or if you would like me to answer some questions.
Good luck trading everyone!
NFLX SignalCalled this on the group chat at about 400, and the gaol is 495, its almost hit already and will soon go back down to the bottom of support retest and hopefully bounce back up and easily hit my target of 495
If youd like to join the paid group chat just DM me, and we can bank together with more opportunity to bank.
Questions just DM me
Netflix Compression. (NFLX)🤔 Two patterns taking place as we hit major level of Resistance.
Bull Pennant or Inverse Head And Shoulders.
Price is being compresses in the green pennant formation.
Safest bet is to play the pennant breakouts to the up or the down / avoid the noise for now.
Once the break happens, next you will look to play those positions towards the green horizontal support and Resistance levels to test for trend continuation.
Cheers! 🍺
🥇MLT | MAJOR LEAGUE TRADER
ORDER: BUYThis STRONG SUPPORT ZONE was a breakthrough on the 14th of April, towards the top, and it was retested on the 29th of April. The trend did not breakthrough it towards it, but it made a strong ascending to the top. This indicates that it is a strong area and a high probability that it will be the beginning of a corrective movement towards the top.
NFLX: Potential New All Time Highs 1D (May 06)X Force Global Analysis:
In this analysis, we explore the technicals of Netflix (NFLX), the world's leading internet entertainment service, and arguably one of the biggest beneficiaries of the Corona Virus (Covid-19).
Analysis
- First of all, unlike most other blue chip stocks, we see a steady uptrend
- Counting Elliott Waves, we can count an Impulse Wave (12345) up, before a strong Corrective Wave count (ABC)
- This correction was not only a technical correction, but also one caused by the massive fear in the market due to the Corona Virus (Covid-19)
- After this correction, we can count Elliott Double Combo Waves (WXY)
- Wave W consists of a smaller double combo wave, and we are currently seeing wave X play out
- Within wave X, we can expect a corrective ABC wave, leading down to the trend line support marked by the dotted red line
- To support this, we see a death cross that has formed on the Moving Average Convergence Divergence (MACD), forming bearish histograms
- The Relative Strength Index (RSI) continues to create lower highs as well
- However, as the trend strength and momentum remain solid, we can expect a further impulsive move after a potential correction, leading us to new all time high levels
What We Believe
Netflix has been strong despite the fear in the market. The bullish momentum and trend strength remains, as Netflix strives to create record highs.
Trade Safe.
#NFLX ANALYSIS.. BULLISH SIGNS.. I think there are positive signals in #NFLX.. In the medium term, we can see an upward trend in the stock..
#NFLX is priced above ma 50 on the 4-hour chart, which is pretty positive.. Also, the reference value of rsi 45 seems very important for price movements.. I think after a short retreat, the price will go up in the medium term and will test the critical pivot point in 520 usd level.. We will wait and see..
Disclaimer: Please do your own due diligence when it comes to trading.. Never put in money that you cannot afford to lose.. Invest at your own risk..
I wish you all the best..
NFLX Why am I in no rush to buy Netflix.Many analysts say that now is the best time to invest in some stocks. For example, Netflix. But according to Elliott’s theory, I will invest in stocks when the price is around $ 250 per share. I believe that the price will reach this level by the end of summer