Nflxbuy
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
NFLX - I've officially lost it - Why I'm short $NFLXA word of advice because I think this idea is straight up crazy. I'm not sure I'd trade this myself, but if I was bullish on netflix - like 90% of the market appears to be, I'd maybe reduce the size of my position.
So...$NFLX has practically every reason under the sun to go up today:
NASDAQ premarket is way up as is the rest of the market futures.
Netflix crushed their subscriber targets increasing global streaming subscribers by 20% YoY
Earnings per share crushed analyst estimates of $.53 taking in $1.30/share
Quarter sales topped estimates of $5.45B taking in $5.47B
Heck, even average revenue per subscriber was up an extra 9%
With all those glittery stats hitting the news wire yesterday, who in their right mind would consider shorting Netflix?!
The daddie of hacks...that's who...and even I think I might be crazy. Post market, the stock is sitting at $344 and we're working our way through the morning premarket session. Whether that price level holds is doubtful. (Edit: it's already pulled back to $341-2)
So you might ask me, 'Hacky, what's got your knickers in a bunch? NFLX is printing money!' To which I would respond, 'That's what they want you to think.'
Here's what has me thinking something about NFLX doesn't smell right:
NFLX has been dropping at the open of almost every trading session for the last week during the heaviest volume periods. Why? My guess is institutional investors are liquidating some of their positions. Let's face it, earnings surprises really aren't all that surprising with the price action leading up to them. What is surprising is the higher than usual volume that has been acting like an anchor on NFLX's stock price. With so much bullish sentiment and high expectations from earnings - why has the stock gone sideways or even down the last few days???? With this stellar outlook confirmed, John Q. Public isn't going to sell netflix, if anything, you'd expect a stampede of buyers to flood the market - and that's just the stampede the institutions are waiting for to make some big shifts in their positions.
February is looking rather dismal for the market at large, and let's face it - we're overdue for at least a small correction. At the top of that list is the NASDAQ - gaining 38% last year and NFLX practically in sync. The institutions have been selling off Netflix at the start of each session, and it's weighed on the price - which slowly recovered through the late morning and afternoon session each day. Every 'major' time period (9:30-10, 3:30-4) for the last few days has seen big selling pressure or traded sideways. Why during those time periods? Because that's when the institutions can mask their activities.
What I think will happen:
1) NFLX will gap up - how big of a gap is uncertain. Likely between $342-347 would be my best guess.
2) Here comes the head fake and get ready for the whip saw. I think it's highly likely we hit $355-360 at the outset (in the first 5 minutes of trading possibly)...BUT, it'll be short lived. The institutions will then step in and wreck house. We'll see a retracement back down and fill the gap before the stock makes a slight rally in the afternoon session after bouncing off support in the $338 area. Expect the stock to settle back close to where it opens today.
How I'll play it:
1) I'll watch the first minute of the trading day from the sidelines and watch relative volume. If the volume is lower than usual but price is rising, the market is being driven by the fish. I'll likely get a couple calls if the stock shows good momentum and sell them in the $358 range, just prior to completing the gap fill at $360.
2) The volume will be a key indicator - if it's down, and it's obvious the institutions are on the sidelines - what are they waiting for? They're waiting on the price to rise so they can get a premium when the sell off their positions. The second the price gaps get thick to the downside and sell volume ramps up, any long positions are immediately reversed to shorts....expect to ride the stock back down to the $338 level. If that level falls, the uptrend channel going back to september is the next big support in the $320 range. From there what happens likely depends on the market at large. If we see the pullback in february that I think we will, it'd be time to cash in the NASDAQ positions.