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%.Shortby aminearga2
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. Shortby roman0losses1
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 playby ContraryTrader5
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.Shortby UnknownUnicorn16600868Updated 227
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. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more. Important Information TradeStation Securities, Inc., TradeStation Crypto, Inc., and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., all operating, and providing products and services, under the TradeStation brand and trademark. You Can Trade, Inc. is also a wholly owned subsidiary of TradeStation Group, Inc., operating under its own brand and trademarks. TradeStation Crypto, Inc. offers to self-directed investors and traders cryptocurrency brokerage services. It is neither licensed with the SEC or the CFTC nor is it a Member of NFA. When applying for, or purchasing, accounts, subscriptions, products, and services, it is important that you know which company you will be dealing with. Please click here for further important information explaining what this means. This content is for informational and educational purposes only. This is not a recommendation regarding any investment or investment strategy. Any opinions expressed herein are those of the author and do not represent the views or opinions of TradeStation or any of its affiliates. Investing involves risks. 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, futures, or digital assets); therefore, you should not invest or risk money that you cannot afford to lose. Before trading any asset class, first read the relevant risk disclosure statements on the Important Documents page, found here: www.tradestation.com .by TradeStation13
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.Longby DRiddick43Updated 0
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.by FFCloud1
$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 Shortby Cousin_Fat_FatUpdated 13
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 ChannelLongby rehmanrafique1
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.Shortby Crypt0poliS3
NFLX TA for this weekOkay ill be honest there are several ways that this could play out so ill give a brief summary of all possibilities: 1) Daily rising wedge(Blue Line) along with a daily gap to fill (white box) 2)Mid Size rising wedge (White Line is the bottom) Most important ones to watch short term is the gap fill on the daily and if break below bot the big and ,id size rising wedges will move further down to hit the demands(green lines) Frankly I would wait for more confirmations before entering a play on NFLX a month out puts would suffice or leaps.by DRiddick43Updated 1
NFLX SHORT TAThe h pattern is a pretty common pattern and noticing it early on is perfect. I’m not 100% as it’s already showing some rejection but all it needs is a little push and once that happens and it breaks . Game over Shortby DRiddick43Updated 1
NFLX - Going ShortSince the stock has broken the trend line and is making LL and LH, a downward trend is further expected, the divergence are also bearish, thus, going Short on NFLX.Shortby mustafabaig992
QuickTrade Idea n. 241 : NFLXI am Bullish above $303.65 with target at $309.74 I am Bearish below $292.23 with target at $286by TizyCharts1
NFLX Daily Short Squeeze Setup using Wolfe Waves$NFLX The wolfe wave indicator is increasing in popularity as we continue to see more people using it and enjoying the results. In some of the educational material and streams posted in Tradingview, I go over a short squeeze setup using wolfe waves. You can watch the video here: www.tradingview.com There are a multitude of gaps within gaps and they will all eventually fill some time in the future - only the market makers with designation will determine that. In the meantime, we can use wolfe waves to identify short squeezes or breakout patterns by using the indicator as a contrarian. In the short term, with earnings season starting in January 2023, there is a setup that NFLX may fill the 314 gap. If the gap fills, then it would be a great level to manage risk and hold onto a few runners to see if the 334 level is retested. If NFLX breaks 334, then short will squeeze and the stock price of NFLX will explode higher to fill the next two gaps above 380 and 400 before 2nd week of January. For disclosure, we are long NFLX. Longby TOSOPTION0
NFLXIt is expected to drop to the shaded area in order to complete the last wave of declineShortby KhaldHegazy3
NETFLIX...................................................................................Shortby mahsa981
NFLX AnalysisPrice played out exactly as analyzed last week. Price mitigated the bearish POI at 331.62 and proceeded to react strongly to the downside, breaking market structure. Price left a fair value gap at 314.42 which could be filled before the price continues lower.Shortby Keeleytwj1
LONG 10.9 RR, 373PIP movement on NETFLIX seeing a possible long movement on Netflix going up by £50 in value I think but a 3732.00 pip movement looks decent ngl 10.9 rr aswellLongby mkhaleel_0
H&S Pattern Identified in Netflix Momentum Short when momentum neckline breaks at 8.9, PT on drop is -37.2. NASDAQ:NFLXShortby ChartingInsightsUpdated 331
NFLX Repeat of 2011/2012 Sell Off?Currently NFLX is looking like a 1:1 copy of the sell off from 2011 and 2012. Which would imply that we see another way down in the coming months before finally bottoming. Shortby Pyrat824
1/6/2023 Iron Condor Trade Idea NFLXShort Iron Condor Idea +1 $340 call 1/6 -1 $335 call 1/6 -- -- -1 $245 put 1/6 +1 $240 put 1/6 $70 credit, $500 collateral 6:1 risk:reward (high risk, low reward)by zach66674
NFLX down babyCharted this 2 days ago and I wasn't confident going bearish because the overall trend and spy were bullish, but this morning I was surprised by the big drop. Shortby Mister_Fibs0