(NFLX) – Bullish Signal: Bullish Signal: Break and Retest at 200Analysis:
Break and Retest Pattern: The chart clearly shows that NFLX recently broke above a significant resistance level, indicating a potential shift in the trend. This break is marked as a bullish signal.
200-Day SMA Support: As NFLX retraced after the breakout, it approached the 200-Day SMA, a widely watched long-term trend indicator. The 200-Day SMA has historically acted as a strong support level. This retest of the 200-day SMA serves as a critical point of interest.
Bullish Scenario: If NFLX successfully holds above the 200-day SMA support level following the retest, it could signify a continuation of the bullish trend. This could attract more buyers, potentially driving the stock price higher.
NFLX34 trade ideas
Netflix's bleak futureUnlike Microsoft, Apple, and Nvidia, it failed to break through its ATH, and a pullback is inevitable. Aside from a few exclusives, Netflix is losing its differentiation from other platforms. The gap is closing and other undervalued platforms will quickly eat into Netflix's market capitalization.
NFLX - Bearish SequenceNetflix has been in a Downtrend since July 19th.
After its failed attempt at a Higher High, price decided to break down below its Low (Point A) beginning my Bearish Sequence Setup and I believe it is on the move to Retrace to the Fib'd Range @ 412.27 - 398.52 to be rejected down to Sequence Target @ 315.6 - 283.05!
As for indicators, Price Action has moved beneath a curling 200 EMA and my Dynamic Support & Resistance strengthening my Bearish Bias.
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NFLX, Severe Factors to Confirm Huge BEARISH-Wave Breakout Next!Hello There!
Welcome to my new analysis of NFLX. The NFLX price action already determined a heavily bearishly inclined bear-market wave towards the downside printing a bearish wave of over -70% and liquidating a ton load of bull-trapped positions with the crucial bearish wave A. Now, NFLX is in this meager uptrend which is not anything than a next continuation pattern as the volume is decreasing and the institutional smart money operator's short-side positions increased heavily.
Now, NFLX is already approaching the crucial upper distribution resistance channel within the gigantic bearish descending channel formation from where the next bearish wave towards the downside is likely to emerge next. In this case, the next bearish wave acceleration phase is going to happen when NFLX breaks out below the 100-EMA which will be the last frontier to the massive bearish determinations to follow once this breakout happened.
With the huge ascending wedge formation that NFLX formed before the bear market decline, NFLX already set the origin of this bearishly inclined structure. This means that with the current weak uptrend that has no volume, no momentum, and no smart money backing the final bearish bear flag breakout is more than overwhelmingly likely. Once this breakout has been activated it is going to be the origin of the bearish expansion wave C towards the lower levels.
Taking all these factors into consideration NFLX is definitely a bearish inclined stock currently and the major disruptional bearish momentum continuations are likely to emerge anytime soon. In this case, it is necessary to approach the short-side opportunity appropriately, a potential entry setup has already formed as the volume declines more and more and NFLX already finalized the bear flag formation. Because of the significance of this whole bearishly inclined determination, I am keeping NFLX on the short candidate's watchlist.
Thank you everybody for watching my idea about NFLX. Support from your side is greatly appreciated.
"In a bear market, you have to use sharp countertrend rallies to sell."
VP
NFLX AnalysisPrice playing nicely to my last analysis. Price missed the 50% FVG at 459.25 be a little and proceeded to dump. My expectation was for price to hit the bullish OB at 375.87. This has happened last week, giving us a -16.19% move to the downside since my last analysis. From here, I'd wait for a confirmation for price to move back up to the premium level, potentially to fill the imbalance created at 411.39.
$NFLX short term bounce ideaNASDAQ:NFLX just tested the daily breaker block and giving a change of character in 15 minutes. there is an order block with liquidity. if the liquidity is taken a bounce to test the previous SL hunted zone is possible. I am not trading. This is just a passion in identifying trades.
This is only for educational purposes.
NetFlix - Come in, the Water is fine!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 obvious weakness. Put your Stop behind the re-test high.
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Netflix technical viewNASDAQ:NFLX should be coming back to reality.
Their shows and movies are either terrible, over budgeted, and only a small minority are good, while, competitors such as HBO and Apple are making much more efficient content at a higher path.
Technical aspect looks terrible, sold my shares bought at $192
Inverse head and shoulders set upreviewing NASDAQ:NFLX monthly chart, and looking through multiple time frames. I discovered a sneaky Inverse head and shoulders on NFLX.. Stoch RSI on the monthly chart is showing a double top, however on the 1000r you'll notice oversold stoch rsi.. previous resistances from a bearish crab (b) leg is acting as support..
I may do a video analysis on how I came to this analysis if enough people vote this up, and agree w/ the idea. Thanks for letting me share my analysis. Cheers.
NFLX: Impulsive move C to the downside (ABC-correction)Netflix made an lower high at the 0.618 and 0.786 Fib Retracement
Looking for an impulsive move down to complete the ABC-correction and Primary wave 4
Targets are 0.382 Fib retracement of Primary wave 3 and 0.9 - 1.05 Fib extension of wave A
Next impulsive move up will complete Primary wave 5 and cycle degree wave 3
NFLX Monthly Chart... 5 trading days to go before the close of the month... which means this last bearish candle that broke the current uptrend can still reverse... let's wait and see.. but currently it is quite bearish... adding the doji that occurred at the .618 Fibonacci retracement level (in red), the RSI not even reaching 60 before reversing and the MACD histogram starting to break down.
Zoom out and NFLX is still on a major long term uptrend... even if the price would drop substantially.
NFLX - AnalysisNFLX
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 targets.
What can you expect?
Movement to the levels 379.10 - 348.15 - after breaking through 379.10, the price may begin a correction to consider buying, awaiting confirmation.
Short
Targets – 379.10 - 362.83 - 348.15
Long-term perspective (retest required) – goals 348.15 - 314.88 - 285.54
Long - will be considered when the situation changes.
NFLX - Expecting Strong Support @ 380Since it began trendng more than a year ago from July 2022, NFLX has a tentancy to correct back to its rising trendline every 3 to 6 months or so.
As at its close @ about 400 yesterday, it has already corrected 50% from it's recent AB swing. Whether it will find support here remains to be seen.
Another 5% downside from here would bring it to 380, which is likely to be a strong support due to a confluene of:
1. Long term trendline support (Red)
2. Horizontal Resistance turning Support (Black)
3. 61.8% fib retracement of it's AB swing
4. Gap close (minor)
All long bets are off should it break and stay below 380.
Disclaimer:
TA is about improving our odds of a successful trade (not a guarantee). This is just my own analysis and opinion for discussion and is NOT a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management (ie stop loss and position sizing) is (probably the most) important!
Take care and Good Luck!