NFLX Short into EarningsNetflix on the 4hr and 1D is overextended in RSI, there is a bearish divergence on the RSI, and NFLX is at a huge resistance point going into earnings. Take it for what you will.
NFLX34 trade ideas
netflix long .. Trading marginally higher today after an upgrade by Jeffries to buy from hold. The Wall Street firm, which also boosted its price target to $385 from $310, said the launch of its advertising-based offering and crackdown on password stealing will drive revenue and EBTIDA above estimates.
Technically, looking for resistance to be broken down at around $330, to open up a nice run back towards $400, but going for $390, as there is decent supply heading into the big psychological figure. Price action has breached a narrowing triangular / pennant pattern, inviting upside pressure.
Netflix (NFLX) Long IdeaTrading marginally higher today after an upgrade by Jeffries to buy from hold. The Wall Street firm, which also boosted its price target to $385 from $310, said the launch of its advertising-based offering and crackdown on password stealing will drive revenue and EBTIDA above estimates.
Technically, looking for resistance to be broken down at around $330, to open up a nice run back towards $400, but going for $390, as there is decent supply heading into the big psychological figure. Price action has breached a narrowing triangular / pennant pattern, inviting upside pressure.
Channel UpPrice has fallen from a Rising Wedge and may have already finished correcting.
Earnings 1-19-23.
The support line of the channel has caught price for now.
The Channel Up pattern is identified when there are two parallel lines, both moving up to the right across respective peaks (upper line) and bottoms (lower line). The lower line is often identified first, as running along the lows: it defines the lower support trendline. The upper line (or, the channel line) is identified as parallel to the trendline, running across the first prominent peak.
Breakouts from the Channel Up can occur in both upward and downward directions and can be a long term pattern. When the price breaks down through the trendline, it might indicate an important, and sometimes a severe change in trend. Breaking up through the channel line, on the contrary, suggests acceleration of the existing trend. Note, however, that just like all the other patterns, channels might be prone to false or premature breakouts (throwbacks), which means that price sometimes retreats back into the channel.
Another strategy of using the Channel Up is to identify where the price fails to reach the upper line. As opposed to breaking through this line, the failure to reach it often signifies trend exhaustion. This could be an early warning that the trend is going to reverse: the breach of the trendline is now more likely to happen.
No recommendation.
EPS (FWD)
10.37
PE (FWD)
28.44
Div Rate (TTM)
-
Short Interest
2.62%
Market Cap
$131.23B
NFLXNetflix could be coming up on a short soon.. there may be more steam ahead all the way to near 340 even though so watch out.
Formation for wedge is still in play and support came in around 280's.
$NFLX bull flag breakout with confluence on session hour$NFLX bull flag breakout with confluence
The price targets: $326.39 PL, then $330.
NFLX Puts /short 300 PTShes getting real squeeezy. Bearish Inside Bar printing after the Bullish outside bar yesterday on the daily. weekly 10 ema high and close are the targets in the short term. 300-308. GLA
Netflix#Netflix and #chill
$NFLX #Nasdaq
Netflix inc. will drop with 15% in next 2 weeks.
pay attention at 330zone. 🧐 ‼️
#netflixandchill #stockmarketnews #StocksToBuy #TradingView #tradingboy #wolfpack #CFD #cfdtrading #trading
NFLX possible multi-year head and shoulders?From a purely technical standpoint, I am short-term bullish and medium-term bearish on Netflix.
Will look into opening a short position or long put(s) at retest of $390 -$405 psych level.
Please allow 3-5 months for this idea to play out.
Clearing $415 will invalidate this idea.
Not financial advice, just for fun!
$NFLX Trade Idea $NFLX Trade Idea. Approaching gap fill area above the $317.61 PL. If price holds above gap fill, it can extend to the $324 PL
Calls over $316.77
Target $324.71
Puts under $303.69
Target $295.51
01/20 275PDrop below the mid line + possible lower low, it has a higher chance to retest the key level 260 on daily chart.
NFLX | Daily Gap & Go !NFLX has held relative strength for tech stocks. Rising channel on the weekly charts.
Daily Chart has a nice little gap fill retest above $300 into $315; Thus providing a nice move especially if tech catches some love starting the year. Keep in mind earnings on (jan 19th, 2023)
NFLX calls will be looking for weekly or bi-weekly expirations above $295.50. Invalid if we fall under 292.88.
Targets in yellow (300, 303.24, 308.93, 314.72)
Netflix (NFLX) Major BULLISH signal !Netflix (NFLX) offers a good buying opportunity.
Disclaimer: All content has only educational and informational purposes, and never should be used or take it as financial advice.
Netflix will likely go down when the break hitssince November 21 NFLX was on a down trend until May 2022.
after a flag pattern appears until December 22.
a breakthrough that range will signal a high probability of keep going down
Another confirmation could appear on RSI when it goes below 50%.
Netflix short… big month aheadRising channel and uptrend back in Oct 2022 until Dec 2022. New descending channel forms with a new resistance of $294/$295. Will continue to downtrend and will test resistance, if breaks through that resistance, entry between $300-$310. If not, expect descending channel to continue until at least earnings call in late January 2023.
Nflx .. next move is upWait and see if NFLX breaks over this resistance at 295. After that your bullish target will be 300. If nflx breaks 300, then 317 gap close at play
NFLX Bearish scenarioNetflix, with a quite interesting scenario.
We will see if this time the retail operation gives them the expected benefit; On the other hand, taking a look at what the fundamentals would be, NFLX was quite affected by the unsubscription of many of its users, we will never know if these fundamentals are just to manipulate and continue bullish or if we enter a fairly significant discount!
We have interesting prices at $43 and personally I am very interested in $20.
Nothing is certain in the markets, anything can happen.
Netflix Could Be StrugglingNetflix has been trying to recover from a bearish gap on April 20, but now the bounce may have run its course.
The first pattern on today’s chart is the March low of $329.82. NFLX peaked near the same level in mid-December. Has old support become new resistance?
Next is the sharp drop on December 15 after Digiday reported weak advertising metrics. That dragged the streaming-video stock under its 21-day exponential moving average (EMA). The 8-day EMA proceeded to cross below the 21-day EMA three sessions later.
Third, is the broken ascending wedge. That could reflect a failing uptrend.
Finally, notice how the Relative Strength Index (RSI) made lower highs in November and December as the stock made higher highs . Such bearish divergence is another potential sign of exhaustion.
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NFLX Friday FundayJust a thought here, look at the head and shoulders prior... look familiar right just you know upside down i see. Rally is inevitable, PAY ATTENTION
then we can short again. Feel free to check my previous NFLX TA for the update on that.
Netflix Simple Chart AnalysisNetflix - Most of the US tech counter out there, this chart still solid for the time being. If US Nasdaq trigger its rebound, this might follow to try for a 2nd attempt resistance 332 area.
$100 NetflixNASDAQ:NFLX
Price has dropped out of an ascending wedge after 104% rally to fill the Post-Q1 Earnings Report Gap.
I'm expecting a big market drop, and Netflix might lead the way lower.
Keep an eye out for the upcoming Q4 '22 Earnings Report to serve as a potential catalyst.
The next available gap on the daily timeframe is right around the $100 price level.
Fat_Fat
Netflix - 20221224Going long because of bullish indicators
Bullish Indicators
1- HH & LH
2- Hammer Candle
3- Expected to Respect the Support at 268.19 because it's Fib as well
4- Parallel Channel
NFLXNot 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.
