#NFLX is it time to buy NETFLIX and CHILL?Netflix at a very interesting level here. 38.2 fib retracement of June lows and July highs. Channel Support. Previous resistance now support? Reversal off 200dma. Seems like a plausible level to attempt a longLongby MarcoOlevano115
NETFLIX: Buy opportunity on a 4 month stretch.NFLX is trying to find support on the 1D MA200, which is at the bottom of a (longer than a year) Bullish Megaphone pattern. The 1D technical outlook is red (RSI = 36.027, MACD = -9.900, ADX = 36.923) signifying considerable upside potential and the rebound on the 30.00 oversold RSI level indicates the reversing momentum. We expect an immediate rally as part of the new bullish leg that will target the 0.786 Fibonacci (TP = 585.00). Prior idea: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##Longby InvestingScope118
Bullish on Netflix. As you can see here, we have bounced off of a major trend line and the YTD VWAP as well. The MACD is about to cross and the RSI hiekin ashi has flipped from oversold to green. This is all on the daily chart.Longby OptionsMastery3
NFLX: BIG UPSIDENFLX has bounced off it's upward trendline with weekly RSI showing oversold. PT1 is $347 and PT2 is $449.Longby FiboTrader1220
Netflix - Come in...the water is fineWe dived below the Center-Line. This is the time for a short, not when it's down at the Lower Medianline Parallel. Because there are lurking Creatures you don't want to meet. My stop would be above the CL test high. Keep in mind that earnings are coming out soon. So mybe give yourself time and trade it with an Options Strategy? Gone for a swim...the water is fine §8-)Shortby Tr8dingN3rd226
NFLX Analysis: Changes in Management, Price at MinimumYesterday, the NFLX share price dropped below USD 370, the lowest since late May of this year, and about -22% from the July peak. Note that on July 6, we wrote that the NFLX stock price could meet resistance at USD 450 per share, and the signals from the chart gave bearish warnings. Just since July, the stock price began to perform worse than the broad S&P 500 market index. Perhaps the company knows better about the reasons for the emerging negative dynamics and is making changes in management. This week it became known about the appointment of Amy Reinhard to the post of president of the company's advertising business. New product directors and technical directors were also appointed. Will new executives help the stock return to its upward trajectory? Bearish arguments: → a long upper shadow on the October 3 candle may indicate the strength of sellers in the stock market; → Thursday’s bearish candle may become an element of a breakout of the long-term channel (shown in blue); → pressure on the price of NFLX shares may be exerted by a negative trend in the stock market due to the tough policy of the Federal Reserve. Bullish arguments: → a breakdown of the lower border of the ascending channel may turn out to be false; → support may come from the level of USD 370, which previously had an impact on the price. The approaching earnings season may have a strong impact on the price. Already on October 18, we will learn the results of NFLX for the past quarter. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.by FXOpen16
Netflix's Bullish Trend Ending: Traders, Prepare for Downtrend!Hi Realistic Traders. Here's my price action analysis on Netflix In our close examination of NFLX, the streaming titan, a compelling narrative unfolds. Initially, a double-top pattern emerged between July 2020 and January 2022, followed by a significant breakout from the neckline. This breakout confirmed a bearish reversal, resulting in a remarkable 70% decline from its peak. However, the plot deepens. NFLX recently revisited its double-top pattern's neckline while concurrently crafting a channel chart pattern. Adding to the intrigue, NFLX struggled to regain its former heights and descended below both the lower trendline and the dynamic support line, a classic sign of a sustained bearish trajectory. Not to be overlooked, the Stochastic indicator chimed in with a bearish divergence, providing further validation for the impending downward movement. Our target price? Set conservatively at under $300. Traders, prepare for a captivating journey ahead! It is essential to note that the analysis will no longer hold validity once the target/resistance area is reached. Please support the channel by engaging with the content, using the rocket button, and sharing your opinions in the comments below! Disclaimer: "Please note that this analysis is solely for educational purposes and should not be considered a recommendation to take a long or short position on NASDAQ:NFLX ."Shortby financialfreedomgoals101Updated 4415
NFLX EXPANDING CHANNEL BREAKOUTNFLX confirmed a bearish breakout on the lower boundary formed over the expanding channel. Here we expect the price to continue the bearish sentiment to the downside towards the picked up key support level on the bottom close to $275.Shortby TraderChamp-Pro6
NFLX going down through mid-OctoberNFLX has a significant amount of options GEX showing 380 in October, I expect the stock to continue it's downturn, perhaps with some fluctuation through October.Shortby euphoricMeerka49790Updated 0
NETFLIX Is the streaming Giant a buy again?Netflix (NFLX) had a great run since our March 23 long (see chart below) and gave us more than +51% return in 4 months: The long-term pattern remains a Bullish Megaphone and right now the price sits on its bottom (Higher Lows trend-line) as well as the 1D MA200 (orange trend-line), which has been unbroken since November 10 2022. On top of that, the 1D RSI is oversold on the 30.00 Support. Last time it was this low (March 10), the Megaphone priced a Higher Low bottom. As you realize, along with the 0.382 Fibonacci, we currently sit on a quadruple level Support Cluster. Based on the 93 candle (roughly 135 days) rule within this Megaphone, which suggests that at the end of the 93 candle count, NFLX will either be near a High or a Low, we still have around 2 months to call a bottom. As a result, if the 1D MA200 and Megaphone break, we can see a slow descend along the 1W MA100 (red trend-line) and then pick up a reversal. Either way, the once mighty streaming giant is entering a new long-term Buy Zone. Our target is the 0.786 Fibonacci extension ($587.50) even though we wil most likely see the Megaphone peak higher by Q2 2024. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Longby TradingShot6
Long NetflixI'm long netflix here on the 4hr macdh diveregnce as shown at support. Target red line as shown. Very oversold on daily. Have been buying up all tech for last two daysLongby breakoutfakeoutUpdated 5
(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.Longby worldlyLion32760Updated 224
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. Shortby NewEraCrypto0
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.Shortby Novi_Fibonacci2
Dive into the Coolest Blue Vibe: Unveiling TradingView Skin! 🎉✨Hey there! 🌟 Guess what? I've just whipped up my very first skin for TradingView, and it's got this super chill blue vibe! 🌊 Not only is it a treat for the eyes, but it's also packed with snazzy animations and color pops. 🎨✨ I'm super curious - what do y'all think? Got any cool suggestions or tweaks in mind? Fancy using this theme? Drop your email in the comments and I'll buzz you soon! 💌 And don't sweat, setting it up is a breeze on any browser. 🌬️ Catch ya soon! 😄🚀Education06:22by alborzam445
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." VP10:36by VincePrinceUpdated 414167
NFLX Weekly NFLX has been moving upward supporting line. Here are things need to be considered Longby Y2Complicated2
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.by Keeleytwj2
$NFLX short term bounce ideaNASDAQ:NFLX just tested the daily breaker block and giving a change of character in 15 minutes. there is an order block with liquidity. if the liquidity is taken a bounce to test the previous SL hunted zone is possible. I am not trading. This is just a passion in identifying trades. This is only for educational purposes.Longby praveen.casimir0
Netflix in coming weeks! - sidewaysNetflix is on 50-% of last big move and its time for its sideways movement.by ChartsXtrapolated663
#NFLX Looking For Bids Into 368 To Target A 400 TestIn this update we review teh recent price action in Netflix and identify the next high probability trading opportunity and price objectives to target PAST PERFORMANCE NOT INDICATIVE OF FUTURE RESULTS01:19by Tickmill5
NetFlix - Come in, the Water is fine!Below the Lower-Medianline-Parallel, the Water is fine! ,..you think? Maybe, but there's a Shark waiting for you. He's Name is "FOMO"! If you waited for a retest of the L-MLH, then you wasted your time. Here is how you trade a open/close below the L-MLH: - short immediately with a money Stop/Loss or - wait for a re-test of the L-MLH, and short from there on obvious weakness. Put your Stop behind the re-test high. But don't jump in the mouth of the "FOMO" Shark! I added the Members material on my website. Check it out, it's free for all, but you must be a brave Trader §8-)Shortby Tr8dingN3rd2
NFLX | SHORTNASDAQ:NFLX Possible Scenario: SHORT Evidence: Price action * if it breaks 409$ and holds it, it will surely hit lower levels, like 370$ and 300$ before EOY. I'm very confident about this idea. Timeframe: two weeks. Shortby shksprUpdated 9912