Nflxearnings
QQQ ominousVolume trend suggesting upper TL shall resist and not be broken this time around.
IF:
-5MA, 10MA fail 50MA golden cross
-TL holds QQQ price
-MACD reverses
-NFLX doesn't break the bear mkt by itself on THU
THEN:
-plenty of air below for bungee plunge.
-will grab a set of 2/15 QQQ 157p, looking for return of 15.00-25.00 per contract.
Beat NFLX easily.it's mainly for swing trading, i use the 3 day / 15 day / monthly charts with it and it works perfectly,
it works good for stocks and cryptocurrency.
you will use heiken ashi chart style and turn on the EMA DOTS indicator.
once the indicator is on you will hide the heiken ashi so you only see the dots.
when a green dot appears you buy, if a green dot appears after that green dot you hold your investment.
if a red dot appears you sell your position. easy as that.
shorter time frames will be choppy.
larger time frames will be smooth.
NETFLIX NFLX seems to be doing well, so of course a lot of time we make our maths and look for a right present value compared to the future one, so in this case the next earning report (tomorrow January 22nd) my EPS forecast is <0.31 But my PEG ratio is still >0.50%, so there's still room to play in. However, just follow the lines, are used to be accurate most of time.
Two scenarios for today on NetflixTwo possible scenarios today on NASDAQ:NFLX where I'm slightly bearish looking for 194.91 1st target, 191.50 second half and if we see a very bad data, I'll go for 185.10 in the long term for my last 10% running out. Of course taking my position before earning report.
Have a good Trading week.
CreamLiveTrading
Short Position in NFLX After Earnings MissI'll be the first to admit that I've been bearish on NFLX for a long time. Long enough to see my short opinion be ripped to shreds as NFLX share price climbed higher and higher. For those that have followed my ideas on US Equities, you know that I am not a fan of highly leveraged balance sheets. Well, NFLX is no exception. NFLX Cash to Debt Ratio is 0.52, and their Equity to Asset is 0.20. Taking a look at Free Cash Flow per Share, NFLX came in at -$3.96, almost double the decrease since last year.
Because of this, I wanted to wait to see what their earnings report looked like. After all, with companies like NFLX and TSLA, I learned the hard way that it doesn't really matter how the balance sheet looks, as long as the company is meeting expectations and delivering on promises. I mean, NFLX is trading at almost 200 times earnings. 200 times. No company is worth 200 times earnings.
Looking at the weekly chart (once again, I'm trying to develop the habit at looking at weeklys to give myself a better look at the more powerful movements), NFLX appears to be overreached. Now of course they could scream even higher, pushing 250 times earnings, but I don't think so. Earnings came out and NFLX didn't quite meet expectations of Wall Street. NFLX missed on their International Subscribers, which is what I was looking for as a bearish signal.
Regardless, in my Paper Trading account, I shorted NFLX at 143.21 with a stop loss at $149 and an initial profit taking point of $120. This presents a Risk Reward ratio of about 7.71:1. I risked 1% of my capital.
All the best,
RC
NFLX @ Daily @ ready to take off (new all-time highs)Probably NFLX is one of the shares with the most exciting bullish perspectives !?
133.27 (2015/12/07) is the actuallity all-time high price level
129.29 (2015/08/05) was the 1st all-time - summer last year
111.85 (2016/06/14) was the high in june this year before pressure appeared
An BreakOut above 133.27 should generate a mid-term buying signal & a BreakDown under 111.85 likely a mid-term selling signal :)
How ever,
as long NFLX is trading above the GAP (116.50 > 100.73) i am pretty bullish for this share ...
Prices from 120.37 until 116.50 are buying price areas for bulls !!!
1st target should be 125.81 (end of extended downside trendline)
2nd target should be 126.16 (temporarly high after november`16 lows)
3rd target should be 128.93 (start of extended downside trendline)
After that, should the way into new all-time highs be free - likely only a quest of time :)
Take care
& analyzed it again
- it`s always your decission ...
(for a bigger picture zoom the chart)
Best regards
Aaron
The investors take profit? #SouthmentThe investors take profit?
The company Netflix has had a good performance after earnings report. Four days with winnings and today, the market feelings can take another position ... pay attention for the feelings and emotions!
"An investment in knowledge pays the best interest" - Benjamin Franklin
Stay tuned for more, visit: www.southment.com
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