AMZN, waiting for engulfing patternAMZN, waiting for engulfing pattern, open at close NASDAQ:AMZN Shortby alapigabor0
APPLE REVISES ITS POLICYFollowing the European Commission's announcement in June that Apple violated the Digital Markets Acts with its App Store anti-steering rules, the world's most valuable company has revised its policy. Apple introduced new fee structure for the EU App Store link outs, this allows app developers to include link that directs customers to a web page where they can complete transaction. I am long here friends . good luckLongby ForxTayUpdated 5536
NVIDIA BUY CONFIRMED!As expected in previous ideas, NVDA has decided to bottom out around $100-$111. 1. You can expect price to navigate towards the upper $120’s area 2. Upon a break through $126 there should be a stock buyback pump to $138+ 3. Whenever the buyback cools down, there should be an immediate sharp correction to the lower $100 range and below. Waiting for possible Q2 earnings in 2025, or another chip update. This is all prediction good luck ;)Longby R2CTrading3354
GEVO ready for huge movegevo hgas broken its mega long down trend and back tested it as support on the daily. Longby WSMS199339
NVIDIA- Be patient, Correction Not CompletedNvidia has pulled back and touched the $100 level, which aligns with the 78.6% retracement of the rise from August. This could be an important support level, especially considering that a triangle pattern is one potential scenario here. We also believe that the overall stock market, along with major indices, could remain range-bound for another week until the Fed rate decision, after which markets may finally break out of this summer range. For now, the ABCDE triangle remains a valid scenario if the $100 level holds. However, if this level is breached, be prepared for a further dip, possibly down toward $80, where the market may stabilize with a deeper and slightly different ABC correction, reaching the previous wave four level from April of this year. In either case, I believe Nvidia is still trapped in consolidation and may not resume its uptrend just yet. GHby ew-forecast6
MU - Micron TechnologyReuters Micron CEO Sanjay Mehrotra said last year that the U.S. memory chip maker's planned $2.7 billion testing and packaging unit in Gujarat would help create about 5,000 jobs in the state.Longby Esmail_from_Kuwait1
Dave & Buster’s (NASDAQ: $PLAY) Surges 16% After Q2 BeatDave & Buster’s (NASDAQ: NASDAQ:PLAY ) saw a notable spike in its stock price following its Q2 2024 earnings report, which exceeded Wall Street expectations. The arcade and dining chain reported significant growth in earnings, boosted by better restaurant margins and lower operating costs, positioning the company to potentially reverse its prolonged downtrend. Let’s dive into the fundamental and technical factors that are driving this stock and what investors can expect moving forward. Strong Earnings Beat Despite Sales Challenges Earnings Performance: Dave & Buster's Q2 earnings surged 65% to $0.99 per share, surpassing FactSet estimates of $0.84 per share. On an adjusted basis, earnings rose 19% to $1.12 per share, also beating forecasts of $0.84. This increase in earnings was largely driven by improved restaurant margins and cost control measures. Revenue Growth: The company’s total revenue increased by 2.8% to $557.1 million, slightly below analyst expectations of $560.6 million. While food and beverage revenue remained flat, the entertainment segment—crucial for Dave & Buster’s business model—saw over 4% growth, contributing to the overall positive results. Same-Store Sales Decline: Comparable store sales dropped 6.3%, missing the anticipated 3.6% decline. CEO Chris Morris acknowledged the challenges in the current environment but expressed optimism about ongoing initiatives, including store remodels, new menu offerings, and pricing adjustments aimed at boosting future performance. Strategic Moves and Share Repurchase Program: The company repurchased $47.4 million worth of shares during the quarter, bringing the total buybacks for the year to $60 million. With $140 million still available under its current repurchase plan, Dave & Buster’s is actively returning capital to shareholders while investing in strategic initiatives to drive future growth. Outlook: Morris highlighted substantial growth in the special events segment and stronger forward bookings for fiscal 2024, suggesting improved business conditions ahead. The company’s focus on remodels and optimized pricing strategies is expected to enhance revenue, EBITDA, and cash flow in upcoming quarters. Bullish Reversal Pattern Points to Further Upside Current Price Action: Following the earnings report, (NASDAQ: NASDAQ:PLAY ) shares surged nearly 15% in premarket trading on Wednesday. This move indicates a potential break of the downtrend that has plagued the stock for much of 2024, where shares had fallen over 44% year-to-date through Tuesday’s close. Chart Pattern: Bullish Flag Formation: Technically, the stock is showing signs of a bullish flag pattern—a strong reversal signal often characterized by a falling wedge within a broader uptrend. The flagpole represents the sharp rise after earnings, and a break above the flag’s resistance could signal further upside. Key Indicators: RSI and Moving Averages: The Relative Strength Index (RSI) sits at 31, suggesting the stock is in oversold territory, with room for significant growth. The next pivot is the 200-day moving average near $40. Breaking above this level would confirm a bullish reversal, potentially setting the stage for new highs. Resistance and Price Targets: If the momentum holds, the immediate resistance lies at the 50-day moving average, which aligns with the upper boundary of the flag pattern. A sustained breakout could propel the stock towards the next resistance levels around $45 and $50. Conclusion: A Promising Path Forward Amid Challenges Dave & Buster’s Q2 results reflect resilience amid challenging market conditions, bolstered by strategic initiatives and improved operational efficiencies. While comparable store sales remain a concern, the company’s focus on store remodels, new menu offerings, and targeted pricing strategies are likely to yield positive results in the medium term. Technically, the bullish flag pattern combined with favorable RSI readings supports a potential upward move, especially if the stock can maintain momentum above key moving averages. For investors, NASDAQ:PLAY presents an intriguing opportunity, balancing solid earnings performance with promising technical indicators. However, the road ahead isn’t without risks. The company must continue navigating the complex economic environment and execute its strategic initiatives effectively to sustain its newfound momentum. As Dave & Buster’s works to revitalize its brand and operations, it remains a stock worth watching closely.Longby DEXWireNews2
NIO would skyrocket?The price was moving inside the descending channel for more than 3 years, where the stock has lost around 95% since ATH. Currently, price has meet the demand zone, and will accumulate between it and closest resistance (5,7-6$ per share) for a while. Expect the price to break and retest the resistance zone soon. Potential countable target is 4x-10x till last ATH. Taking this as an investment opportunity. DYORLongby Dirtypaws115
Marvell Pulls Back After Earnings RallyMarvell Technology surged on strong results last month. Now some traders may think the chip stock will continue higher. The first pattern on today’s chart is the bullish gap on August 30 after the quarterly numbers. That may reflect positive sentiment in the name -- especially given its potential datacenter AI exposure. Second is the series of lower highs since March. MRVL has remained near that falling trendline recently, which could suggest resistance is breaking. Third, listless sideways movement this year has produced close proximity between its 50-, 100-day and 200-day simple moving average (SMAs). Does that create potential for prices to expand? Finally, stochastics could be turning up from an oversold condition. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. See our Overview for more. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors. Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges. TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.by TradeStation7
Long on Lucid groupWe had a long down trend, where the stock was decreasing for more than 2 years. Currently we have a local trend change, which would be the nice entry to ride the correction of this whole fall with the potential to see an ATH further. Trade potential is 3x-7x. Trade cancellation will occur in case of price fixation below 3.11$ with 2 full daily candles below the level. DYORLongby Dirtypaws4433
Pfizer got back on the rail Locally the trend has changed to the bullish side and price has returned inside of the channel. The bottom boundary of the channel has been tested successfully, and now I'm waiting the price to test the upper boundary of this channel. Currently, the price is moving inside the small rising channel and the bottom boundary of that channel works as a support. Trade cancellation will occur in case if price would fix below 27.8 with 2 candles on daily basis. Target is mentioned on chart. DYORLongby Dirtypaws4
AAPL correctionhi traders AAPL made a lower high which signals a potential correction. We expect a little bounce towards the downsloping resistance line and getting rejected. The possible scenario is visualized on the chart. Good luckShortby vf_investment7
Tesla Four Hour how far is this market going up ???????Good morning Traders I created a video for you all in relation to how far this market for Tesla is moving up along with 4-5 scenarios I can see possibly playing or to watch out for. Any questions, thoughts, comments send them my way or comment below We dont predict the market we follow it MB Trader Happy Trading 17:00by mindbloome1
Incoming 70% correction to $40 for AMD?On the above 7 week chart price action has rallied 10,000% since 2016. Cathie Wood is now a buyer. Should we be concerned? Yahoo finance - August “Cathie Wood-Led Ark Invest Buys $47.5M Of AMD Shares” source:https://tinyurl.com/zc3cah5p Motley Fool - September “AMD is more stable financially and boasts a more established role in artificial intelligence than Intel. Alongside recent growth in its data centre division, AMD's stock is too good to pass up.” source: tinyurl.com Madness. Why bearish? Failed trend support. It is very clear to see, price action has broken through support. Rising wedge breakout. The trend support breakout confirmed the rising wedge direction. Yes price action could rally all the way to 190 in the next 1 or 2 candles but that would not invalidate the wedge. The rules of a rising wedge allow us to forecast the correction magnitude, 70% to the $40 area. The best for last. ** Double top bearish divergence with Gravestone DOJI ** Not since 2016 has this many oscillators printed negatively with price action. Both instances measured with the same specifications. This higher high in price action with a lower low in RSI (among others) following a Gravestone DOJI print…. Go Cathie. A clearer picture of the Gravestone DOJI is shown below. Is it possible price action continues to rise? Sure. Is it probable? No. Ww 7 week Gravestone DOJI Shortby without_worries363666
NASDAQ: AZ | Tap Dancing into the $26.7 billion Self-Service MarHate queuing to checkout in supermarkets or hypermarkets? A2Z Cust2Mate Solutions Corp (NASDAQ: AZ) might be the company you need to add to your watchlist. AZ is a leading global provider of innovative technology solutions, specialising in smart cart platforms – and this is not just any ordinary smart cart. Let me explain. AZ’s flagship smart cart product is set to revolutionise the retail self-checkout market. It features in-cart weighing capabilities, making it especially convenient for checking out produce like fruits and vegetables. Additionally, the smart cart offers navigation features and seamless checkout functionality, all while incorporating robust security measures to prevent theft – a critical concern for retailers. In simpler terms, imagine walking into a supermarket with one of AZ’s smart carts, doing your shopping, and checking out as you go. No more queues. Currently, AZ provides its solutions to Yochananof, Israel’s fourth-largest retail chain, and Carrefour, the largest retailer in France with over 3,500 stores. The company is also making significant inroads into the US market. Why is the US market such a game-changer for AZ? Let’s take a closer look. According to Grand View Research, the US self-checkout systems market is projected to grow at a compound annual growth rate (CAGR) of 11.3%, reaching $26.7 billion by 2028. There are even rumours that AZ is in discussions with a number of leading US retail chains, which will mark as a significant milestone for the company. How Does AZ Generate Revenue? AZ operates on a scalable Software-as-a-Service (SaaS) model, which allows for easy expansion while also facilitating valuable data collection for future advertising opportunities. Here's how the revenue streams break down: Initial Setup Fees. Retailers bear one-third of the cost, with the remaining two-thirds covered by AZ. The setup costs range between $1,000 and $2,000 per smart cart, and AZ expects a payback period of approximately six months. Subscription Model. Retailers pay a monthly fee ranging from $100 to $200 per cart. Currently, AZ has over 5,000 smart carts deployed, creating a steady stream of recurring revenue. Additional Services. AZ also offers services related to data and advertising, providing valuable consumer behaviour insights to product owners. This capability could be a game changer, enabling brands to obtain highly accurate data on consumer purchasing patterns. With this scalable business model and recurring revenue, AZ is well-positioned for future growth. However, recent volatility in the US market has put downward pressure on AZ’s stock price. Despite this, AZ's strong fundamentals and innovative business model present significant growth potential, making it a compelling investment opportunity.Longby HASHInvests2000
Honda motor company is setting up for a fall.Hello, Introduction: In recent market developments, Honda Motor Company, a renowned player in the automotive industry, finds itself navigating through a challenging phase. The company's stock is currently on a downward trend, signaling potential obstacles ahead. Investors and industry analysts are closely monitoring the situation, with a downside channel formation and a target set at $23.77 USD. Analyzing the Downward Channel: Honda's stock performance has caught the attention of market participants as it undergoes a bearish phase characterized by a clear downward channel. A downward channel is a technical pattern that reflects a consistent decline in stock prices within parallel lines. This pattern suggests a sustained negative sentiment among investors and may indicate underlying issues affecting the company's financial health. Factors Contributing to the Downtrend: Several factors could be contributing to Honda's current stock decline: Global Economic Challenges: The automotive industry is highly sensitive to global economic conditions. Economic downturns or uncertainties can lead to reduced consumer spending on big-ticket items like cars, impacting companies like Honda. Supply Chain Disruptions: The ongoing global supply chain challenges, exacerbated by the COVID-19 pandemic, have affected the production and delivery of automobiles. This can impact a company's ability to meet customer demand and maintain profitability. Transition to Electric Vehicles: The automotive industry is undergoing a transformative shift towards electric vehicles (EVs). Companies that are slow to adapt to this shift may face challenges in maintaining market share and profitability. Setting a Target at $23.77 USD: As part of technical analysis, market experts have set a target for Honda's stock at $23.77 USD. This target is based on the prevailing downward channel and may serve as a key level to watch for potential changes in the stock's trajectory. Investors and traders will closely monitor whether the stock price can break out of this channel or if it will continue its descent towards the set target. Potential Implications for Investors: Investors in Honda Motor Company should exercise caution and conduct thorough research before making any decisions. Understanding the underlying reasons for the stock's decline and staying informed about industry trends will be crucial. Additionally, monitoring any corporate announcements or strategic initiatives by Honda could provide insights into the company's efforts to address the challenges it faces. Conclusion: While Honda Motor Company has been a stalwart in the automotive industry, the current downward trend in its stock raises concerns among investors. The set target of $23.77 USD reflects the prevailing bearish sentiment. The company's ability to navigate through these challenges, adapt to industry changes, and implement effective strategies will play a significant role in determining its future stock performance. As the situation evolves, market participants will be closely watching for any signs of a reversal or further downside movement.Shortby thesharkkeUpdated 1
Buy Sherwin-WilliamsShort Term Trading Advice by Naranj Capital Buy Sherwin-Williams ● Buy Range- 366 - 371 ● Target- 385 - 390 ● StopLoss- 360 ● Potential Return- 5-6% ● Duration- 14-15 Trading Days Longby NaranjCapital6
Ally Financial's Credit Woes Deepen: Rising DelinquenciesAlly Financial (NYSE: ALLY) faced a steep decline as its Chief Financial Officer, Russ Hutchinson, highlighted worsening conditions within its auto loan portfolio. Rising delinquencies, heightened net charge-offs, and the ongoing struggles of its typical borrower amid a challenging economic environment have weighed heavily on investor sentiment, leading to a significant drop in the company’s stock. Auto Loan Portfolio Challenges Ally Financial's core business, particularly its auto loan segment, is under pressure as consumers grapple with inflation, high living costs, and a softening job market. Hutchinson pointed out that delinquencies in July and August were about 20 basis points higher than expected, while net charge-offs — loans deemed uncollectible — were 10 basis points above projections. These metrics reflect a broader trend of deteriorating consumer credit quality, signaling that many borrowers are struggling to keep up with their payments. Hutchinson further noted that the issue isn't just a short-term hiccup; Ally anticipates net charge-offs to continue rising in the months ahead. The company’s analysis indicates a growing pool of borrowers with payments more than two months past due, underscoring the persistent nature of the credit issues. Broader Economic Pressures The struggles of Ally’s borrowers mirror larger economic pressures. The typical Ally borrower is increasingly burdened by inflation, elevated costs of living, and recent signs of a weakening employment landscape. This scenario has prompted Ally to adjust its expectations, raising concerns that these challenges could persist longer than initially anticipated. Strategic Response: Reducing Exposure In response to its mounting credit challenges, Ally has taken steps to reduce exposure. Earlier this year, the company sold its Ally Lending arm to Synchrony Financial (SYF), including loan receivables worth $2.2 billion. While this move was designed to bolster its balance sheet, the persistent issues within its core auto loan portfolio suggest that Ally’s financial health remains a concern. Net Interest Margin Under Pressure Adding to the pressure, Ally expects its net interest margin — a key indicator of profitability for lenders — to contract in the third quarter. With interest rates expected to remain elevated, the squeeze on net interest income presents another headwind for the bank. This shift marks a notable deviation from the expansionary trends observed in previous quarters, reflecting the increasingly tough lending environment. Technical Analysis Ally's stock plunged 17.67% on Tuesday, hitting its lowest level since January, reflecting investor anxiety over the company's credit outlook. However, the stock saw a slight recovery in premarket trading on Wednesday, up 0.12%, hinting at a potential short-term bounce. Despite this, the technical indicators suggest that the overall outlook remains bearish. RSI and Oversold Conditions The Relative Strength Index (RSI) currently stands at 35, indicating that Ally is in oversold territory. An RSI below 30 often signals that a stock is undervalued, and a reversal could be on the horizon. While Ally’s RSI isn’t quite there yet, it does point to increased selling pressure, which has pushed the stock to near critical support levels. Bullish Flag Pattern Falters On the chart, Ally recently formed a bullish flag pattern — typically a continuation signal for an upward trend. However, the pattern failed to materialize fully, with the stock unable to break above key resistance levels, indicating a lack of buying momentum. The failed breakout suggests that investors remain cautious, waiting for more concrete signs of improvement in the company’s fundamentals. Key Support and Resistance Levels Ally's stock is approaching critical support near the $25 mark, a level that has historically provided a floor for the price. A breach below this point could trigger further downside, with the next major support at around $22. Conversely, resistance lies at the $30 level, and a sustained move above this point would be needed to shift the technical outlook back to neutral. Conclusion Ally Financial ( NYSE:ALLY ) faces a challenging road ahead as it grapples with rising delinquencies, tightening credit conditions, and macroeconomic pressures weighing on its borrowers. While technical indicators show that the stock is oversold, signaling potential for a short-term bounce, the broader fundamentals suggest a cautious approach. Investors will be closely monitoring how the company navigates its credit challenges in the coming quarters, particularly as the Federal Reserve’s rate policy continues to evolve. For now, Ally ( NYSE:ALLY ) remains under pressure, and while strategic steps like selling its lending arm provide some relief, the path to recovery will depend on broader economic improvements and a stabilization in consumer credit quality.by DEXWireNews5
Buy Cintas CorporationShort Term Trading Advice by Naranj Capital Buy Cintas Corporation ● Buy Range- 807 - 815 ● Target- 845 - 850 ● StopLoss- 790 ● Potential Return- 4-5% ● Duration- 14-15 Trading Days Longby NaranjCapital4
Gerdau S.A. Pfd Sponsored ADR Repr 1 Pfd ShA play on steel price recovery & dropped raw materials Supporting Arguments ▪ Steel prices to gain from China’s support measures & rate cuts ▪ A drop in raw materials prices to support Gerdau’s margins ▪ Valuation multiples also imply upside for the name Investment Thesis Gerdau is a Brazilian long steel producer, the largest in the Americas, as well as the top special steel supplier globally. The company is a leading steel scrap recycler in the world, offering a wide range of long, flat and HVA steel products. The stocks of Gerdau are listed on the São Paulo (B3) and New York (NYSE) stock exchanges. Anticipated steel price rebound is to boost the stock. Steel prices in the US and globally have been under pressure especially since the Q2 2024, amid high interest rates and sluggish end-user demand. But we expect steel prices to gain from a number of factors going forward. First, recently approved new wave of measures to support construction industry in China in the amount of around CNY 1.4 tn ($196 bn). The amount substantially exceeded the preliminary agreement with commercial banks. Second, the monetary policy easing cycle in the US that is expected to start in September is likely to support steel demand and prices in the country. Raw materials slump is to uphold industry margins. Even if we assume that steel price growth might be capped due to structural risks, support is provided by the recent drop in benchmark hard coking coal prices by c.23% (since the start of Q3) to $231/t FOB AU, in iron ore prices by 13% m/m to $101/t CIF China, and in Turkish scrap – by 6,8% m/m to $364/t. Non-fully vertically integrated steelmakers like Gerdau should especially benefit from such conditions in the S-T. The matter is that their (operating) marginality is likely to grow at a faster pace than fully integrated plants’ margins, thanks to a stronger dependency on market prices. In addition, the company’s focus on high value-added (HVA) products ) products should also be a factor of support for its financials and margins. Thus, potential of some rebound in steel prices and publication of the 3rd quarter results (expected on November 6), investor day (appointed on October 4) and declaration of dividends should be the key drivers for the stock. Valuation may also be a factor of support. Analysis of EV/EBTIDA and P/E multiples shows that Gerdau is trading substantially lower than industry average level implying upside potential from the fundamental point of view. EV/EBITDA is at 4,2x vs 6,9x of M&M industry average, while P/E is at 7,1x vs almost 14,3x of industry average. Technical analysis suggests that breakout above the 50-day moving average and approaching of stochastic RSI readings to a relatively oversold level may imply a potential shift in the market sentiment. We forecast a 14% upside in the stock, with a 2-month price target of $3.75/share and a “Buy” rating. A stop-loss order is recommended at $2.70/share (−18%). Longby FreedomHolding0
WALMART $WMT 50-Year Trend Channel adjusted for inflationTaking CPI data into account I was trying to calculate the value of the $ adjusted for inflation. The real value of the share in 1974 dollars is $12.47, and $65.88 of the 2024 price is effectively the result of inflation. This means that while the nominal gain is significant, the actual increase in purchasing power is more modest due to inflation.by Anakyn1
Double Bottom Is Forming on MicronMicron is in an interesting position after shedding a great amount of value in the last 3 months. The Fundamentals are great and Microns Balance Sheet has very few problems! with the double bottom forming this could be signaling a very bullish sentiment with a possible reversal towards the upside. Micron is currently being forecasted with Revenue and EPS Growth. ---------------------------------------------------------------------------------------------------------------- Balance Sheet: Micron has a decent Debt to Equity Ratio while having more then 3 Assets for every 1 Liability which is personally important to me when looking at stocks, Debt is Manageable especially should Micron beat all forcasts Cash: US$8.38b Debt: US$11.33b Total Liability: US$22.03b Total Assets: US$66.26b Debt to Equity Ratio is: 25.6% ---------------------------------------------------------------------------------------------------------------- Resumed its Share Buy-Back Program ---------------------------------------------------------------------------------------------------------------- Highly Important Industry Supplier and Affiliates: Being Extremely Important with Industry Titans like Nvidia, Apple, Intel, MPS/Monolithic Power Systems, AMD, Texas Instruments, Microsoft, Gigabyte, Broadcom. ---------------------------------------------------------------------------------------------------------------- Diversified Business Model: Micron is not just a memory business its highly Diversified in 23.46% of there Revenue is derived from Microns -> "Mobile Business Unit" 23.4% of there Revenue is derived from microns -> "Embedded Business Unit" 36.74% of there Revenue is derived from Microns -> "Networking and Business Unit" 16.43% of there Revenue is derived from Microns -> "Storage Unit Business" ---------------------------------------------------------------------------------------------------------------- While Micron is in another uptrend in Revenue growth I think personally this time it could be more permanent growth, Micron is Extremely Undervalued compared to market peers such as Nvidia, and Micron with PE Ratios being well above 50 while Micron is extremely important within the Artificial Intelligence industry it benefits from a wide range of industries such as Artificial intelligence, Automotive, Computers, Memory, ETC. ---------------------------------------------------------------------------------------------------------------- Disclaimer: I am not a financial expert or have any certifications I just trade stocks as a personal hobby and I greatly encourage you to do your own research and not just take words at face value to make extremely risky investments. Please do your own Research I am not giving Buy, Sell or Hold Signals, This is just for healthy conversation and nothing else. ---------------------------------------------------------------------------------------------------------------- Idea: Longby BullishCanadianInvestor8846
NFLX 2WFrom a technical perspective, the stock has reached a resistance zone, which also coincides with a three-year pivot level. The presence of divergence in the RSI and a break of the MACD lines indicate a potential price decline.Shortby Trading-House1