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
617 below strong support breakdown possible 613/609/603/595 can test soon
NFLX is setting up for another gap down open next week Quite bearish action here, no longs for me until Jan gap close is closed
Netflix Inc. ( NASDAQ:NFLX ) experienced a sharp decline in share value on Friday as a result of its weak revenue forecast and plans to discontinue reporting subscriber numbers by 2025. Despite an otherwise strong start to the year, Netflix's lackluster forecast led to a 7.6% decline in premarket trading in New York, marking the biggest decline since July 2023....
We had a great bull flag setup going into the earnings. Now the target got hit, will be watching for a retracement into early Feb and another push higher into Feb OPEX Nothing bearish here to even try taking a short trade. There is still one more gap to close above the price, should be hit first before reversal starts. Also the price might just...
NASDAQ:NFLX looks like a great short here. Took some puts Nov 24 $437.5 and $435. I'm expecting a retracement down to at least $413 or $396, however lower targets also possible (hence why I added the to the chart).
We dived below the Center-Line. This is the time for a short, not when it's down at the Lower Medianline Parallel. Because there are lurking Creatures you don't want to meet. My stop would be above the CL test high. Keep in mind that earnings are coming out soon. So mybe give yourself time and trade it with an Options Strategy? Gone for a swim...the water is...
Hi Realistic Traders. Here's my price action analysis on Netflix In our close examination of NFLX, the streaming titan, a compelling narrative unfolds. Initially, a double-top pattern emerged between July 2020 and January 2022, followed by a significant breakout from the neckline. This breakout confirmed a bearish reversal, resulting in a remarkable 70% decline...
Below the Lower-Medianline-Parallel, the Water is fine! ,..you think? Maybe, but there's a Shark waiting for you. He's Name is "FOMO"! If you waited for a retest of the L-MLH, then you wasted your time. Here is how you trade a open/close below the L-MLH: - short immediately with a money Stop/Loss or - wait for a re-test of the L-MLH, and short from there on...
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...
Netflix - 30d expiry - We look to Sell a break of 410.77 (stop at 430.77) We are trading at overbought extremes. 485 has been pivotal. Prices have reacted from 485. Short term bias has turned negative. Short term momentum is bearish. 411.50 has been pivotal. A break of the recent low at 411.50 should result in a further move lower. The bias is to break to...
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...
After the liquidity sweep and the filling and rejection of FVG we will see a return of prices to the demand zone it remains an idea
I spotted this diamond a year ago after the earnings panic. Since then, I realised that institutions have been dumping Netflix at a prodigious rate. In fact, NFLX has gone from nearly 100% institutional ownership, down to 74% institutional ownership in around 15 months. This translates to institutions performing a dump of just over 1.5% of institutional...
Netflix Trade 4/6/2023 335 Puts SAMe day Expiration $1.77 entry 9:39pm - $2.58 exit at 9:44am 5 minutes = $81.00 Pros 1.Charting the day before allowed me to take advantage of the oppurtunity. knowing where the danger zones were gave me comfort. 2.I also manage my fear of loosing, and greed very well. 3.I leran that Direction and Momentum is...
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