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Nflxlong

NETFLIX’s Next Big Move: Massive Breakout Imminent?Technical Analysis: NFLX (Netflix), on the 15-minute time frame, has set up a long trade with a strong entry at $744.60, supported by good volume. The breakout occurred above a consolidation phase, indicating market interest in a bullish move. The price action is holding above the entry level, and the Risological Dotted Trendline is trending upward, providing a strong support foundation for the trade. This long setup points to a potential bullish continuation as Netflix approaches the following targets. Key Levels: Entry: $744.60 Stop Loss (SL): $715.10 Target 1 (TP1): $781.07 Target 2 (TP2): $840.08 Target 3 (TP3): $899.09 Target 4 (TP4): $935.56 Observations: The breakout was backed by strong volume, reflecting confidence from the bulls. Price is consolidating near TP1, suggesting momentum is building for further upside. The Risological Dotted Trendline is trending upwards, giving strong support around $744, ensuring the trend stays intact. Outlook: Netflix's long trade setup shows strong potential for upward movement. With the support of the Risological Dotted Trendline and high volume backing, this trade is well-positioned to meet its targets. Watch for any pullback near $740, which could present another opportunity to re-enter or add to positions.
NASDAQ:NFLXLong
by ProfitsNinja
Netflix - Bullish Move Of +50% Ahead!Netflix ( NASDAQ:NFLX ) is trading at an important breakout level: Click chart above to see the detailed analysis👆🏻 Netflix is just another one of these stocks which is perfectly following cycles and market structure. After the recent drop of about -80%, Netflix perfectly tested the bottom of the reverse triangle pattern, created bullish confirmation and took off towards the upside. Levels to watch: $700, $1.000 Keep your long term vision, Philip (BasicTrading)
NASDAQ:NFLXLong
by basictradingtv
6
Netflix Stock Gains as Evercore ISI Raises TargetNetflix Inc. (NASDAQ: NASDAQ:NFLX ) continues to capture the spotlight in the investment world, with Evercore ISI raising its price target from $710 to $750. The decision to increase the target stems from robust survey results and an optimistic outlook for the streaming giant, reaffirming Netflix's position as a dominant player in the entertainment industry. Strength and Growth Potential Evercore ISI’s decision is underpinned by comprehensive research, including detailed surveys conducted in the U.S. and Mexico. The results reveal that Netflix's core metrics—content selection, customer satisfaction, and churn rates—remain stable and strong. In Mexico, Netflix boasts an impressive 83% satisfaction rate, a testament to the platform's ability to deliver consistent, high-quality content. Moreover, Netflix (NASDAQ: NASDAQ:NFLX ) is expanding its competitive lead over other streaming platforms. Evercore ISI emphasizes that the quality of Netflix's content is a significant factor driving its continued dominance. The firm’s surveys indicate that subscribers are particularly excited about upcoming content, such as "Squid Game II," which is expected to further enhance Netflix’s appeal. The firm also highlights Netflix's foray into live events and gaming as key growth areas. With 60% of subscribers likely to remain loyal if more live content, like sports and stand-up comedy, is introduced, and 47% of U.S. subscribers already engaging with gaming offerings, Netflix is well-positioned to tap into these emerging markets. A Bullish Yet Cautious Outlook On the technical front, Netflix (NASDAQ: NASDAQ:NFLX ) shares are up 1.28% at the time of writing, continuing its upward trajectory. The Relative Strength Index (RSI) is at 68, nearing the overbought territory. This suggests that while the stock has been on a steady rise, investors should exercise caution, as the momentum could reverse if bearish forces gain strength. The stock has seen modest gains each day, pushing it closer to new highs. However, if the bullish momentum wanes, Netflix (NASDAQ: NASDAQ:NFLX ) could face a critical test of support. The major support level identified on April 19th, 2024, could serve as a key indicator of the stock’s direction. A break below this support might signal a potential correction, so traders should keep a close eye on this level. Conclusion: A Strong Buy with Caution Evercore ISI’s increased price target reflects a strong confidence in Netflix's fundamental and competitive position. The company's ability to consistently deliver high-quality content, coupled with its expansion into new areas like live events and gaming, positions it for continued growth. However, with the RSI approaching overbought levels, investors should remain vigilant for any signs of a potential pullback.
NASDAQ:NFLXLong
by DEXWireNews
Netflix : Is a Major Market Correction coming? 📉Following our last analysis, Netflix has precisely achieved the forecasted targets, with the wave ((iii)) extending to 227 to 261%. This suggests that a correction towards wave ((iv)) might be imminent, expected to range between 38% and 61.8%, thus laying the groundwork for a wave 5 and the culmination of a significant cycle in the form of a potential wave (2). A closer examination of the daily chart reinforces our primary scenario: the completion of Wave II at the low of $162.80. We are currently in the process of developing Wave (1), followed by Wave (2), and so forth. In our alternative scenario, we consider the possibility of a Regular Flat, especially when analyzing the complex correction currently unfolding. This might indicate that rather than concluding Wave (2) at $162.80, it was actually Wave (A), and we are now witnessing Wave (B) achieving exactly 100% of Wave I. Such alignment could signal a 5-wave decline towards a double bottom, marking a significant correction of 70%. While such a correction would be substantial, it is essential to explore all scenarios to be prepared for any market developments. Despite the potential for a significant pullback, our underlying outlook remains optimistic, expecting a continued upward momentum for Netflix.
NASDAQ:NFLX
by stromm_by_wmc
Post Earnings Continuation to 585This idea is an update to my original idea "Earnings Pop to 520" (see link). NFLX needs to make a sustained break above 569 to initiate the next move higher to 585 (minimum target). Once we get this break it will take the following path - expected path is the black arrow: - Run to 585 (by 2/2/2024 earliest, 2/9/2024 latest) - Pullback to test 577 for support - Then at least one more leg higher to 600-620 ( point target = 610 by 2/16/2024) The green funnel represents buying pressure that will drive this higher. The most important channel is the dashed deep purple/blue boundaries w/ solid blue center - this is the demand zone that it will respect during the markup. ----------------------------------------------------------------------------------------------------------- Bigger picture: If you go back to Jan. 2022, there is a gap down from 563.36 - 566.88. The earnings pop filled this gap and we are currently establishing support in that range. Confluence at the 585 level as an initial target: - 0.786 retracement of the ATH (700.99) back in Nov 2021 = 585.80 - larger degree activate markup level at 585, this will act as another bullish driver to send this higher to 610 after 585 is tested - Equilibrium levels where supply = demand at (2/2/2024, 583) and (2/5/2024, 584) ** Stop loss is a sustained break below 556. It can trade below that intraday, but if it closes below 556 on 2 consecutive days it will assume risk of dropping lower to test 537 Good Luck bears, bulls still have this. ~Jerrymandering 101
NASDAQ:NFLXLong
by JerryManders
18
Can NFLX trend higher ? LONGIn its past NFLX got through the Covid downturn with only a 10% correction, then went through a rise into a year of consolidation and finally another big trend up which reversed badly in Winter 2021. After a business model adaption and modification of subscriptions and password/account sharing protections, price has made great gains. On the weekly chart, a trend upward has been in place since July 2022. On the weekly chart, bigger ranged candles have been put in for two weeks. It seems that from here, while NFLX could rise heading toward a new all time high. On the other hand, just as it did in 2020 at a similar price level ( marked as # 1 and an oval around the price action), it could get range bound or consolidated ( # 2 marking the present.) The mass index indicator gives a hint that the trend will continue and not reverse. It is fluctuating in a mid-range without a hint of rising into the threshold and trigger zones. Notably in the 2021 downturn, the RSI and MACD ZL) signaled the reversal before the mass index. Those two indicators in the present show no hint of bearish divergence so far. Accordingly, for the time being, NFLX continues to be a long trade with 20% upside into the level of the all-time high ( discounting any effects of inflation and dollar devaluation in any of this which is very important overall but generally ignored).
NASDAQ:NFLXLong
by AwesomeAvani
Netflix Ventures into Video Game Streaming: A Game-Changer in th Introduction: We are calling all savvy traders! Brace yourselves for a groundbreaking announcement that has the potential to reshape the entertainment industry as we know it. Netflix, the streaming giant that has revolutionized the way we consume movies and TV shows, is now stepping into the realm of video game streaming. This exciting move will diversify Netflix's offerings and open up a world of opportunities for the company and its loyal subscribers. The Game-Changing Leap: Netflix's decision to enter the video game streaming market signifies a strategic shift that promises to captivate gamers and entertainment enthusiasts. With a vast user base of over 200 million subscribers worldwide, the platform's foray into gaming is poised to disrupt the industry and create a new era of immersive entertainment experiences. Why This Matters: By expanding its services to include video game streaming, Netflix is tapping into a multi-billion-dollar market, further solidifying its dominant force in the entertainment industry. This move diversifies their revenue streams and enhances their competitive edge, enticing new subscribers and keeping existing ones engaged for extended periods. The Netflix Advantage: What sets Netflix apart from traditional gaming platforms is its ability to leverage its vast content library and recommendation algorithms to curate personalized gaming experiences. Imagine a world where Netflix recommends movies and TV shows and suggests video games tailored to your preferences. This integration of gaming into their existing ecosystem creates a seamless and immersive user experience, making Netflix an all-in-one entertainment hub. The Call-to-Action: As traders, it's crucial to recognize the immense potential that Netflix's entry into video game streaming brings. This exciting move will drive the company's growth and create new investment opportunities. By diversifying its offerings, Netflix is positioning itself for long-term success and continued innovation. So, don't miss out on this game-changing opportunity! Keep a close eye on Netflix's journey into video game streaming and consider adding it to your investment portfolio. Stay informed, analyze the market trends, and seize the potential rewards that lie ahead as Netflix continues to redefine the boundaries of entertainment. Conclusion: Netflix's decision to venture into video game streaming is a bold and exciting move that has the potential to revolutionize the entertainment landscape. By diversifying their offerings, the streaming giant is primed to captivate a broader audience, enhance user engagement, and create new avenues for growth. As traders, it's essential to recognize the significance of this move and stay ahead of the curve. So, gear up for a thrilling ride as Netflix transforms the way we play and stream, and seize the opportunity to long Netflix as they embark on this exhilarating journey into the world of video game streaming.
NASDAQ:NFLXLong
by bryandowningqln
NFLX is rising from supportNFLX on the 2H chart is rising with the shortest EMA rounding up . Price is now above the POC line of the volume profile showing buying pressure has extinguished bearish momentum. The RSI indicator shows RSI to have trended down into oversold territory. Fundamentally, NFLX revenues have increased with the household password crackdown. Traders and investors have noted that. I see NFLX as setup for a long entry. I will determine the best entry on a lower time frame either 5 or 15 minutes. I see targets as 485 and 560 based on horizontal resistances on the 4H and daily charts and so a good potential reward compared with the risk of a stop loss at 416 set below the POC.
NASDAQ:NFLX
by AwesomeAvani
1
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 might be on its way into another solid rallyYesterday's breakout above the VCP setup and the stock's close near its day highs could potentially signal a renewed up trend after a long consolidation period. The VCP build up and breakout comes after the stock successfully traded above its 200 day MA for over 6 months. With a stop below yesterday's low (more aggressive stop) or the most recent higher low (more conservative stop), long traders could be looking at a good gain here. Call options could be another way to trade this as NFLX emerges out of a volatility contraction setup.
NASDAQ:NFLXLong
by xTDGS
Netflix - there is a great potential for growthIdea: Long Horizon: 2-3 weeks Target 1: 349,74 Target 2: 363,82 Target 3: 379,19 Potential of the idea: 10% Stop order: $ 314,2 Technical analysis The price structure is in an upward movement, forming a ‘triangle with a squeeze’ figure along the trend, accordingly there is a high chance of continuing the upward movement. It is better to consider entering a position in the support zone 315.8 - 330.21. The RR ratio when reaching Target 1: 1 to 2. You can only enter after confirmation on younger time frames. Fundamental factor. Netflix’s announced plans for four summer investments of $2.5 billion in the production of Korean dramas, movies and reality shows are fueling interest in the service, which will positively affect the price of the asset.
NASDAQ:NFLXLong
by SiriusBH