On the M15 chart the trend started on Aug. 20 (linear regression channel). There is a high probability of profit taking. Possible take profit level is 631.71 Using a trailing stop is also a good idea! Please leave your feedback, your opinion. I am very interested in it. Thank you! Good luck! Regards, WeBelievelnTrading
NFLX W1 - After breaking through the trend line, a head and shoulders pattern is formed. If this changes the direction of the trend, we could see moves towards the 285.54 levels in the long term. If this is a correction, we could see the price move towards the 348.15 level. If the price retests the level of 379.10, then the road is open to a fall to lower...
watching netflix over the last few weeks/months, seems to be making a clear head and shoulders move downward, and it would be enhanced by disney/hulu initiating the password sharing and limiting customers that were only paying for one or the other, the user pool was probably diluted from the password sharing as a majority of people dont want ads or pay extra...
Firstly, let's acknowledge that as a leading global streaming platform, Netflix has experienced tremendous growth and success over the years. However, the recent announcement of a subscription price increase raises concerns about the company's future profitability and market dynamics. While the subscription increase may seem logical to counter rising content...
Over the past few years, Netflix has undoubtedly revolutionized how we consume entertainment. Its vast library of content and the convenience of on-demand streaming have attracted millions of subscribers worldwide. However, recent trends and market indicators raise questions about the sustainability of Netflix's exponential growth. Firstly, the streaming...
Peace be upon you, merchants. There is a chance to get into the company Netflix. Market only to buy. Otherwise, I do not recommend selling
If you haven`t bought the dip: I think now is the time to sell once again. Looking at the NFLX Netflix options chain ahead of earnings , I would buy the $300 strike price Puts with 2023-1-20 expiration date for about $5.40 premium. If the options turn out to be profitable Before the earnings release, i would sell at least 50%. Looking forward to read your...
Netflix Short Term We look to Sell at 220.83 (stop at 236.96) Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. Price action looks to be forming a top. We look for losses to be extended today. The medium term bias remains bearish. Our profit targets will be 170.19 and 164.87 Resistance: 248.70 / 329.82...
The share price went higher and more than it should have. The RSI is high on 4-hourly chart and we are negative stochastic RSI. We are nearing NEW MOON cycle and this means we will see corrective action back to $ 200-208 area short-term. Strategy is SELL $ 220-223 and take profit 206.50 for now.
After the big fall that the stock has made recently after subscriptions raised rates of Netflix services + the new term that Netflix has revealed of having 1 account per user which in other words means that he would no longer be able to share his password with anyone else and has to pay for the service to consume the service that Netflix produces, in confluence...
Of course it was! You could have sold the head and shoulders bearish chart pattern back in November, before Jim Cramer said NFLX is a buy! :) My forecast is that NFLX will make a small bounce before going even lower, at a buy area of $175 - 190. Looking forward to read your opinion about it.
Not financial advice. The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
The pattern starts to look more bearish. Our SELL entry $ 420 is looking fine and we move stop-loss to $ 450. New SELL should be $ 400-415 with same stop-loss and profit order we place at $ 355 now, but we may lower it later on.
If you haven`t shorted the top at my last call: then you can see NFLX reached a strong support area and it`s now consolidating. In 2021 insiders sold around $500Mil worth of shares. The buy opportunity area is $350 - $385 in my opinion if you want to long it once again. Looking forward to read your opinion about it.
Is NFLX Netflix heading for a Head and Shoulders Bearish formation Chart Pattern? My price target is the 628usd resistance. I look forward to read your opinion about the price movement.
It will continue in a downtrend until reaching the support area At 333.69 & 295.20
It will continue in a downtrend until reaching the support area At 361 & 341
NFLX stock jump out of the bullish trend. This looks like a good opportunity to open SHORT positions for around $510. Take profit should be set between $460 and $480. ENTRY LEVELS - LONG NETFLIX: $468 $435 $395