$NFLX Bullish ReversalNASDAQ:NFLX is reversing from a support line looking to continue its bullish move... great opportunity for selling premiums here ... Whats your thoughts here? Longby ImmaculateTony223
Netflix reports continued revenue growth amid strategic shiftsNetflix Inc. has once again demonstrated a robust increase in revenue, confirming the effectiveness of its strategic initiatives aimed at boosting subscriber growth. A significant aspect of Netflix's strategy has been tightening rules against account sharing and introducing cheaper, ad-supported subscription plans. These measures have attracted new subscribers successfully, particularly those sensitive to price, leading to sustained revenue growth over several quarters. For Q3, Netflix projects its revenue to reach 9.73 billion USD, marking a 13.9% increase year-on-year. Earnings are expected to rise by 36.7%, reaching 5.1 USD per share. Netflix's heavy investment in new original projects and securing rights to popular existing content is a key part of its growth strategy, positioning the company well for future success. Technical analysis of Netflix Inc. (NASDAQ: NFLX) Here is an analysis of potential trading opportunities based on Netflix's current stock performance: Timeframe : Daily (D1) Current trend : the stock is in a downtrend but shows potential for reversing into an uptrend Resistance level : 633.60 USD Support level : 587.05 USD Potential downtrend target : if the downtrend persists, the next target could be around 540.00 USD Short-term target : if the trend reverses and breaks through the resistance at 633.60 USD, a short-term target could be set at 675.00 USD Medium-term target : with continued positive momentum, the stock price might aim for 700.00 USD Investors and traders should closely monitor Netflix, particularly given its proactive measures to increase its subscriber base and revenue. The company's focus on content creation and adaptation to market demands plays a critical role in its ongoing success. If these strategies continue to prove effective, they could drive its stock performance upward. — Ideas and other content presented on this page should not be considered as guidance for trading or an investment advice. RoboMarkets bears no responsibility for trading results based on trading opinions described in these analytical reviews. The material presented and the information contained herein is for information purposes only and in no way should be considered as the provision of investment advice for the purposes of Investment Firms Law L. 87(I)/2017 of the Republic of Cyprus or any other form of personal advice or recommendation, which relates to certain types of transactions with certain types of financial instruments.by RoboMarkets2
NFLX is BearishA bearish divergence seems to be at play here as pervious higher low is broken successfully, and a couple of lower lows are also printed. Bears seem to be in complete control of the price action, and hence a bearish rally is on the cards. Targets are mentioned on the chart. Shortby Fahad-Rafique4
Netflix investment A nice cooling pull back after we hit new high on Netflix aswell this is beautiful,understand this trend n the pull backs,n manage your risk in order to enjoy investing your money in stock markets,they are beautiful things that grows very nice n they trend up,soo everytime you see big pull backs it's your chance to get into positions not a loss noo,allow your system to work n see this markets in bigger time frame in years n how they trend n find yourself entry too n hold for coming years .Longby mulaudzimpho4
NFLX isn't chill anymoreNot overly bearish yet on this name but it's on a correction ABC wave here. Either it can hold at 570's and if it doesn't 500 would be a quick target. Target #1 - 570sh Target #2 - 500shShortby just4tradin5
NFLX support breakdown possible , US Stock617 below strong support breakdown possible 613/609/603/595 can test soonShortby Equity_Research_Analyst-021
NFLX: Cautious TargetNFLX isn't collapsing off the double top formation, which leads me to believe it is in a cup and handle formation. If NFLX breaks above 697, price target is 747.Longby FiboTrader1114
More Downside for Netflix?Looking to play this to the downside heading into earnings in a few monthsShortby crisdbones114
Netflix Trend Prediction Amid Recent News $7 Million Donation Description: The chart presents the daily stock price movements of Netflix, Inc. (NFLX) on the NASDAQ exchange. Key technical indicators utilized in the analysis include: LuxAlgo Candlestick Structure: The chart displays a candlestick pattern structure that helps to visualize price movements over time, aiding in the identification of trends and potential reversal points. SuperTrend Indicator: The SuperTrend indicator (parameters: 10, 20, 50, 200, 4, 20) is utilized to highlight the trend direction. The indicator overlays on the price chart to show bullish or bearish trends, assisting in making buy or sell decisions. MA-Cloud: The Moving Average (MA) Cloud with parameters high 200, 0 close 200, 25 (values: 576.76, 569.80) provides a visual representation of the average price over time. This cloud serves as a support and resistance zone, indicating potential areas where the price might reverse or consolidate. Prediction: Recent news regarding the Netflix CEO donating $7 million to a political figure may influence stock movement. The technical analysis suggests the following potential scenarios: Channel Formation: The stock appears to be entering a channel pattern, with support around the MA-Cloud (576.76 - 569.80) and resistance near recent highs around 692.65. This indicates that the stock might trade sideways within this range as investors digest the news. Downward Pressure: Given the recent news, there might be negative sentiment impacting the stock. If the price breaks below the support zone provided by the MA-Cloud, it could signal a bearish trend and potential further decline. In summary, while the technical indicators show a potential channel pattern for NFLX, the recent news could exert downward pressure. Investors should monitor the support and resistance levels closely and be prepared for potential volatility.by TGood424
$NFLX - History repeats itself We are looking at the chart that clearly shows how history repeats in financial markets. The double top formation has already manifested, and the downtrend is in progress. $543 and $500 is within a reach in middle term (3 months or so). This is not a financial advice. Shortby Jay_Mata_LaxmiUpdated 223
Analyzing Netflix’s Chart After EarningsStreaming giant Netflix NASDAQ:NFLX beat Wall Street’s consensus view on both top- and bottom-line Q2 results last week –- but the stock fell 1.5% the next day anyway. What might technical analysis tell us about where the stock goes from here? As a reminder, Netflix reported a week ago Thursday after the bell that it earned $4.88 per fully diluted share during Q2 on $9.56 billion of revenue, beating the consensus $4.74 EPS and $9.53 billion in sales that analysts had expected. The company’s 8.05 million in additional global paid memberships also surprised analysts in a good way, while management’s bottom-line guidance of about $5.10 in GAAP earnings per share for Q3 crushed the $4.74 or so that the Street was looking for. (The company’s $9.73 billion of Q3 top-line guidance came in a little shy of what analysts had expected.) Looking at a regression model of Netflix’s recent chart, readers will see that the stock has been in an ascending price channel since May 2022, as represented by the blue and pink shaded areas in the graph below: That ascending channel is more than two years old now, which brings to mind two famous Wall Street sayings: “The Trend Is Your Friend” and “The Trend Is Not Broken Until It Breaks.” Netflix’s Potential Support and Resistance Levels Now, let’s zoom into Netflix’s chart for the November 2023-July 2024 period, which more clearly shows the stock’s recent price action (as denoted by the line of green and red bars in the chart below): We can see at the right side of the chart that NFLX is fighting to stay above the stock’s 50-Day Simple Moving Average (as denoted by the blue line above). Now, that line has been pierced, but as long as the daily range maintains contact, the 50-Day SMA has not been actually been broken as far as technical analysis is concerned. However, should Netflix fail to hold its 50-day SMA line as support, there isn’t much in the way of help technically for a long way down. The stock’s 200-Day Simple Moving Average (the red line above) and the 23.6% Fibonacci retracement of Netflix’s entire rally (the purple line) are both about $100 below the stock’s July 24 price action. Conversely, the pivot to the upside -– Netflix’s $697 early July high -- is fairly far away from the stock’s July 24 close as well. In other words, Netflix would have to move up or down pretty significantly to hit one of these lines and change its technical picture. In the meantime, one might consider trading the stock shorter-term around its 50-Day Simple Moving Average and its rapidly descending 21-day Exponential Moving Average (denoted by the green line above). This presentation discusses technical analysis, other approaches, including fundamental analysis, may offer very different views. The examples provided are for illustrative purposes only and are not intended to be reflective of the results you can expect to achieve. Specific security charts used are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. Moomoo makes no representation or warranty as to its adequacy, completeness, accuracy or timeline for any particular purpose of the above content. Moomoo is a financial information and trading app offered by Moomoo Technologies Inc. In the U.S., investment products and services on Moomoo are offered by Moomoo Financial Inc., Member FINRA/SIPC. TradingView is an independent third party not affiliated with Moomoo Financial Inc., Moomoo Technologies Inc., or its affiliates. Moomoo Financial Inc. and its affiliates do not endorse, represent or warrant the completeness and accuracy of the data and information available on the TradingView platform and are not responsible for any services provided by the third party platform.by moomoo1112
$NFLX it was fun wall it lastedNASDAQ:NFLX while it's been a nice 300% gain over the last year 2 years, I think the trend is starting to reverse. If you look at the chart, you'll see that we've formed a double top. You'll also see the price has held the trend line fairly well on the way up. Now we've rejected it twice and I think that price is heading much lower from here. I think we're likely to see new lows by end of year. We've seen 3 touches on the support at $163, which leads me to believe that if price can retest that level, we'll break it and see new lows. I think the lower supports $88-124 are likely. I've taken these positions to express the view: 10 NFLX 08/16/2024 550.00 P 60 NFLX 01/17/2025 200.00 P Let's see how it plays outShortby benjihyam1
NFLX: More DownsideNFLX posting earnings last week and has since traded sideways. The gap at $675 was filled due to a surge in buying last Friday morning, so now the larger gap at $493 is the next heading. I don't believe we hit that target for several months, so we will stick to the short term. NFLX hit its 1.618 fib retracement to the dollar and bounced off to retest $656 today. If NFLX cannot break through $656 this week, I'm seeing the next target at the 2.618 fib retracement which historically sees faster selling to reach that target than the 1.618. This target also aligns well with support from May 2024. If the price breaks through $667 this analysis is nullified. This week we have many big names reporting earning starting tomorrow, so there should be more volatility in the coming days.Shortby FiboTrader11
NFLX - LONG POSITIONhi traders When looking at Netflix stock on a daily timeframe, it bounced back from the bottom of the upsloping channel which it has retested after being rejected near its all-time high (ATH) level of around $698 . The long position can be taken now as the price is still close to the bottom of the channel. The final target would be at the top of the upsloping channel. Breaking the horizontal resistance will lead to new ATH levels. Invalidation of this trading idea would be the break down below the parallel channel, the first support level to watch is $579. Good luckLongby vf_investment9
NFLX - Netflix Inc (Extended Hours) - 4h - CAPITAL.COMAnalysis and Forecast: Trend Analysis: The chart shows an upward trend within a channel. The price has recently pulled back to the channel's support line. Entry and Exit Levels: Long Entry (Buy): If the price holds above the support around $634.34, a buy entry can be considered. Target: $701.47 Stop-Loss: $596.73 Supports and Resistances: Important support at $634.34. Nearby resistance at $701.47. Indicators: Oscillator, RSI, and Stochastic indicate that the price is in a possible bullish reversal zone. Considerations: Long (Buy): If the price holds above $634.34, the expectation is for the continuation of the upward trend. Short (Sell): If the price falls below $634.34, a sell entry can be considered, targeting lower supports. Disclaimer: This analysis does not constitute financial advice. Do your own research before investing.by RaffDN2
NFLX Paths Heading Into EarningsNFLX has had a bearish break, but it is still above key horizontal support and has a descending pattern here that could lead to a breakout. All eyes on NFLX after the bell, it will likely move NQ unless it ends up flat itself. Should be interesting. If it does break below the $634 area I think it could see a lot more downside instead, could go either way.by AdvancedPlays223
NFLX shark harmonicNASDAQ:NFLX daily chart is showing a bullish shark harmonic, with the entry point at D corresponding to the critical daily 50 SMA. The first profit target at B corresponds to the daily 34 EMA, and the second target at C corresponds to the daily upper Bollinger Band. NASDAQ:NFLX starts off the NASDAQ:QQQ earnings season, and reports after market close on Thursday. Longby DMT_DoctorUpdated 667
Netflix to hit all time high > 720$ - Tech Analysis Friday is going to be great day for bull analysts..Longby optionsGPT2
Netflix - will break all time high - Might hit 720+ Get ready for the new all time high on Friday. 720$-750$ range. By: Rohit & SureshLongby optionsGPT444
Netflix Resistance Rejection At $699.90 18.07.2024NFLX (NASDAQ) faces resistance at $699.90 on the 4HR Chart. If resistance holds, potential drop to $585.12. Breaking $585.12 could lead to a decline to $495.01. If resistance fails, price may rise to $845.79. Breaking $845.79 could push the price to $1031.36. Apply risk management Risk Warning: Trading in CFDs is highly speculative and carries a high level of risk. It is possible to lose all of your invested capital. These products may not be suitable for everyone, and you should ensure that you fully understand the risks taking into consideration your investment objectives, level of experience, personal circumstances as well as personal resources. Speculate only with funds that you can afford to lose. Seek independent advice if necessary. Please refer to our Risk Disclosure. BDSwiss is a trading name of BDS Markets and BDS Ltd. BDS Markets is a company incorporated under the laws of the Republic of Mauritius and is authorized and regulated by the Financial Services Commission of Mauritius ( FSC ) under license number C116016172, address: 6th Floor, Tower 1, Nexteracom Building 72201 Ebene. BDS Ltd is authorized and regulated by the Financial Services Authority Seychelles (FSA) under license number SD047, address: Suite 3, Global Village, Jivan’s Complex, Mont Fleuri, Mahe, Seychelles. Payment transactions are managed by BDS Markets (Registration number: 143350) DisclaimerShortby Stuart_Cowell0
NFLX SELL+++ Earnings Risk VS Reward not worth the gamble here$618 is both Fib .618 and cloud support. Major overhead resistance at double top $700 What rabbit can they pull out of a hat, they already cracked down on password sharing, the economy is weak and the consumer is cutting back so I don't see how subscriber growth will continue from last ER. I'm a seller not a buyer. Sell signal printing, tech selloff in playShortby ShortSeller76556
Netflix (NFLX) - Preparing for the Next Upward MoveBack in March, we anticipated the target zone for Netflix to be between the 38.2% and 61.8% Fibonacci levels. This zone was reached in April, marking the end for Wave 4 perfectly. Since then, the overarching Wave (1) has likely been completed. We expect a significant correction before another upward move, with the anticipated pullback range between 35% to 50%. Despite the expected correction, we maintain a bullish outlook for Netflix, anticipating higher prices in the longer term. Once we confirm the pullback and identify precise entry and exit points, we will issue a detailed market report.Shortby freeguy_by_wmc1