NFLX Potential for Bearish Continuation | 12th October 2022On H4, with the price moving below ichimoku cloud, and RSI is showing a descending trend, as well as breaking the support line, we have a bearish bias that the price may drop from the sell entry at 212.72, which is in line with the 50% fibonacci retracement to the take profit at 163.08, where the previous swing low is. Alternatively, the price may rise to the stop loss at 246.14, which is in line with the previous swing highs.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
NFLX
NETFLIX AND CHILL? BEARISH DIVERGENCES FORMINGBearish Divergences forming on daily timeframe.
We expect the stock market to pull back in the next days therefore Netflix may retest the support one more time to build a strong base before filling the gap.
Be patient, wait for a pullback .
Buy low, sell high
NETFLIX: SAME SCENARIO?Hi guys, i'm looking some stock to buy in the coming weeks/months if market will collapse and for now i'm watching carefully Netflix.
What do you think?
Is the 2012 crash similar to today situations?
Let me know, for now i'm just looking at some good entry point to start accumulating
NFLX: Inside a CONGESTION! How to proceed?• NFLX is trading inside a range between $213 - $ 251;
• The 21 ema is flat, another indicator that the mid-term trend is neutral;
• Since it is a congestion, NFLX is a buy when it is near $213, and a sell when it is near $251;
• The price action is uncertain, and NFLX would need to do a real breakout either to the upside or to the downside so we can work with new key points;
• If NFLX loses the support at $213, then the next target will be the $190;
• By breaking the $251 it will probably try to fill the last monster gap at $333;
I’ll keep you guys updated on this. Remember to follow me for more analysis like this! Keep in touch.
Netflix ready for another breakdown?Netflix - Intraday - We look to Sell a break of 214.49 (stop at 224.21)
Price continues to trade within the triangle formation.
Posted a Double Top formation.
Trend line support is located at 218.00.
A break of the recent low at 214.69 should result in a further move lower.
214.69 has been pivotal.
Daily signals are bearish.
Short term momentum is bearish.
There is no clear indication that the downward move is coming to an end.
Our profit targets will be 191.61 and 182.61
Resistance: 230.00 / 240.00 / 250.00
Support: 215.00 / 200.00 / 190.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses
NFLX, is now the strongest FAANG stock. It should bounce again.NFLX has proven in recent weeks to be the strongest stock in the FAANG family of stocks. It has held above a long-term trendline linking the 2013 and 2016 lows.
Comparing the ratios of the SPX and each of the FAANG stocks, NFLX is the only one that has held above the June 2 high.
This is a short term trade to take advantage of a bounce and then decide according to price action.
We are expecting a bounce in the SPX tomorrow Monday or Tuesday after extreme readings on several indicators. We do not expect a very long lasting rally and when the downtrend resumes, NFLX will probably follow suit as well.
NFLX Potential for Bearish Continuation| 23rd Sept 2022On H4, with the RSI is showing a descending trend, and price is breaking ichimoku cloud, we can expect the price drop form the sell entry at 241.61, which is in line with the 50% fibonacci retracement and overlap resistance to the take profit at 228.89, which is in line with the overlap support and 61.8% fibonacci retracement. Alternatively, the price may rise to the stop loss ta 245.82, where the 78.6% fibonacci retracement is.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Netflix in an ascending triangle.Netflix - 30D expiry - We look to Buy a break of 252.11 (stop at 234.98)
Daily pivot is at 251.99.
A break of yesterdays high would confirm bullish momentum.
We are trading at oversold extremes.
Although an initial rally was posted, sellers emerged and follow through bearish momentum resulted in all the previous day's gains being overturned.
Daily signals are mildly bullish.
Although we remain bullish overall, a correction is possible with plenty of room to move lower without impacting the trend higher.
The trend of higher lows is located at 217.00.
Price action has formed a bullish ascending triangle formation.
Our profit targets will be 297.88 and 307.88
Resistance: 245.00 / 252.00 / 260.00
Support: 230.00 / 220.00 / 215.00
Daily perspective
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses
Back to Basics on NetflixA simple trendline following the Netflix crash. I drew it in when there was a clear second local top/peak. This local top was confirmed by the April 20 crash. There is no need to try and "catch the falling knife" as eventually NFLX trended sideways until it broke the trend line . This is shown circled in yellow. Once it broke and pulled back to the trend (almost. ladder in.) line there was a good buying opportunity around $169. I decided to publish this simple chart because to me it is such a good example of some basics. I am looking for this sort of scenario to occur for BTC in the not so distant future.
Note: Additional TA; bullish divergence shown with pink trend lines .
$NFX battle of the ads in streaming..A bounce-back for Netflix (NFLX) shares seems to rest on the coming launch of ad-supported tiers for the two streaming leaders, Jack Hough writes in this week’s edition of Barron’s. For Netflix, the goal is to reverse subscriber losses with cheaper plans. For others like Disney+, it’s to offset a recent acceleration in cable cord-cutting. Much could go wrong in the near term for these companies and their rivals, the author notes. Yet, if the television industry is successful, it could not only rekindle growth, but also pull back power that has been lost to the closed-off advertising economies of Google (GOOGL) and Facebook (META). News source from tipranks.
In my prespective view. i think its a good idea for streaming services to add the advertisement since youtube already doing it. If NFLX will have a similar advertisement like youtube where you can skip the ads i dont think its not a bad idea since customer might use to youtube ads.
But it would come down to how the ads are setup for streamers.
The rectangle box is my support/resistance level
Below is my price level entry and exit for intraday or scalp play.
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For calls; buy above $245.50 and sell at 249.82 or above
For puts, buy below $236.73 and sell at $234.42 or below
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Bot generated technical analysis:
1st resistance level: 245.09
2nd resistance level: 249.09
1st support level: 231.57
2nd support level: 222.94
Welcome to this free technical analysis. ( mostly momentum play )
I am going to POST where i look for possibly entry and exit for intraday or scalp for trading.
i try my best to make the idea short and simple as possible.
If you have any questions or suggestions on which stocks I should analyze, please leave a comment below.
If you enjoyed this analysis, I would appreciate it if you smashed that LIKE or BOOST button and maybe consider following my channel.
thank you!
NETFLIXHELLO GUYS THIS MY IDEA 💡ABOUT NTFLX is nice to see strong volume area....
Where is lot of contract accumulated..
I thing that the buyers from this area will be defend this long position..
and when the price come back to this area, strong buyers will be push up the market again..
UPTREND + Support from the past + Strong volume area is my mainly reason for this long trade..
IF you like my work please like share and follow thanks
TURTLE TRADER 🐢
9/11/22 NFLXNetflix, Inc ( NASDAQ:NFLX )
Sector: Technology Services (Internet Software/Services)
Market Capitalization: $103.870B
Current Price: $233.57
Breakout price trigger: $236.60
Buy Zone (Top/Bottom Range): $232.30-$211.85
Price Target: $246.60-$250.60 (1st), $298.20-$304.00 (2nd)
Estimated Duration to Target: 13-15d (1st), 54-57d (2nd)
Contract of Interest: $NFLX 9/23/22 235c, $NFLX 11/18/22 240c
Trade price as of publish date: $8.00/contract, $20.95/contract
Shorting Netflix. NFLXThis company has not been getting a lot of good press lately with its film adaptations of historical events and figures. We remain separate from political discussions on this channel, as all we care about is the technical picture of this particular stock at this particular moment.
Divergence detected, clearing an extended, upgoing flat, leaving room for a drop of one size or another.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe.
NFLXHELLO GUYS THIS MY IDEA 💡ABOUT NFLX is nice to see strong volume area....
Where is lot of contract accumulated..
I thing that the Seller from this area will be defend this SHORT position..
and when the price come back to this area, strong SELLER will be push down the market again..
DOWNTREND + Support from the past + Strong volume area is my mainly reason for this short trade..
IF you like my work please like share and follow thanks
TURTLE TRADER 🐢
Netflix breaking down? Netflix
Short Term
We look to Sell at 220.83 (stop at 236.96)
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. Price action looks to be forming a top. We look for losses to be extended today. The medium term bias remains bearish.
Our profit targets will be 170.19 and 164.87
Resistance: 248.70 / 329.82 / 333.22
Support: 207.41 / 169.70 / 164.28
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
NETFLIX SHORT Netflix has gaped down and broken two areas of support and has it's next major support in the $120-$130 region which is labeled in green. Netflix has also formed a descending broadening wedge in the daily time frame and as rejected from its upper trend line.
Current play strike $210 puts Expiring 10/21