NFLX - Don't be involuntary investorMonthly chart is showing clear breakdown..short term rally is likely to be short lived with more bad news to follow.
Below 420, next level is 250.
Everything that goes up comes down.
NFLX
Why are Netflix shares down 30% in 2022?Netflix (NASDAQ: NFLX) shares have tumbled 30% YTD, similar to its tech brethren, who have by-in-large, been facing huge downward pressure. For interest sake, NFLX was down 37% from its all-time high in November 2021.
Two major events have eaten into the gains that NFLX made in 2021. The first is investor confidence waning in growth stocks in the face of looming interest rate rises. And the second has perhaps had a greater impact; a tepid earnings report.
Netflix shares experienced a significant sell-off two weeks ago, after releasing its Q4 2021 earnings report. The report noted that the pace at which Netflix is adding subscribers is slowing. Such a declaration typically spooks Netflix investors, who steadfastly hold the streaming platform still has plenty of room to grow and shrink its price-to-earnings ratio.
Before Netflix’s share price dipped by 30%, its PE ratio was ~60.0. As it stands, with Netflix trading at US $429.48 per share, its PE ratio is now ~38.0.
Netflix finally admits it is facing tougher competition
Typically shying away from doing so, Netflix has finally revealed that competition is hurting its subscriber growth. It is this admission that caught a lot of investors off guard.
In the past three years, Netflix has had to contend with a wave of competitors entering the streaming market, such as (in order of appearance) Apple TV+, Disney+, Peacock, HBO Max, and Paramount+.
The penultimate newcomer on the above list, the premium-placed HBO Max, has been the fastest-growing service of late, vastly outpacing Netflix and adding 73.8 million subscribers last year.
Similarly, Netflix is hurting from older streaming services increasing the appeal of their content libraries and raising investment in content creation. One such competitor, Amazon Prime, increased its spending on content by 41% to US $11 billion in 2020 from the previous year and have recently bid US $8.5 billion to acquire MGM studios and its content catalogue.
2022 looks to be a pivotal year for streaming
Will 2022 be the year that consumers start weaning off the numerous streaming services to which they are subscribed? As prices climb, this may be the likely outcome.
In this respect, Netflix may be on the back foot, having recently pushed its prices up to US $15.50 per month for its standard package. Netflix is now more expensive than the more ‘premium’ HBO Max at this price point.
One factor that could influence the price of Netflix shares over the year is whether their competition hikes their respective prices. For one, Disney+ might be expected to raise its prices before June, as its bargain pricing (introduced one year ago) becomes increasingly unsustainable. However, its attempt to hit ambitious growth targets may delay price hikes from the company.
If pricing over the different streaming services become more equitable, content becomes the deciding factor for consumers. Netflix, and Netflix’s share price, will be in a better position in this scenario as consumers by far prefer Netflix content over its competitors. As such, In 2021, even as competitors pumped funds into content creation, Netflix’s hosted 14 of the top 15 most popular TV shows and Movies.
Netflix - Possible relief rally?Key highlights:
1. Sitting in Daily demand zone
2. May try to reclaim 200MA cluster
3. Volume climax
4. Sitting at previous swing level
5. Formed a high volume bullish hammer on daily
6. RSI oversold on multiple time frames
Conclusion : Expecting a relief rally in the coming week.
Disclaimer : This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.
Happy learning. Cheers!
Rajat Kumar Singh (@johntradingwick)
MIDTERM SCENARIO ON NFLX !We have finished the 5th impulse wave in our predicted channel. So, we expect a abc correction...
NFLX current scenario and trading opportunitiesToday, we will take a look at NFLX after a massive gap.
Where is the price right now?
Is making contact with a weekly trendline that started in 2017; therefore, we have to consider this level a relevant zone to think in potential bouncing or breakout movements.
Bullish Scenario:
The price is able to bounce on the weekly ascending trendline and makes a breakout of the descending trendline of the current bearish movement. IF that happens, waiting for a correction after the breakout using previous scenarios as models to understand the size and duration of it is always a good idea. So, I have defined what I think the correction should look like. A new local high would be a confirmation of the bullish movement towards the next resistance zone.
Bearish Scenario:
The price is not able to bounce on the weekly trendline, and we observe a breakout. Waiting for a correction after the breakout of a relevant level using previous scenarios as models to understand the size and duration of it is always a good idea. So I have defined what I think the correction on the bearish movement should look like. A new local low after that would be a confirmation of the bearish movement towards the next support zone.
At the moment, my stand on NFLX is waiting and observing possible resolutions before taking action. Thanks for reading.
How to know BULLISH or BEARISH next day to CALL or not?I tried trading on some tickers with my logic to determine the Stock Direction BULLISH or BEAR.
I looked at timeframe 2H and 4H (mainly 4H), logic:
1. Determine 4H Price > SMA20 then next day is BULLISH, should be CALL (conjunction EMA20 cross up EMA50 then strong market to CALL)
2. Determine 4H Price < SMA20 then BEARISH, don't CALL, should follow before PUT
I have been monitoring for 2 weeks and this logic satisfies about 80%.
NetflixThe story of Netflix will be repeated in all Tech stocks..!
If you are looking at the performance of FANGs you can see that storm has just begun!
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
Horrible time for inflated NASDAQ!As the rumores around rate hikes, the tech stockes faced a dramatic slide we speculate that the bear trend is just about to begin!
During pandemic era tech stocks such as NETFLIX(NFLX) have risen to its ath and there might be the proper time for a consolidation.
NOTE :
The results that will be published in wednesday and thursday would be extremely imoportant!
Amazon and my shopping basketDisney, T Mobile, Amazon, Charter Communications, Netflix.
What do all of these companies have in common?
1) They are all >$100B market cap.
2) They all have >10B Gross Profits.
3) They are all at 52 Week Lows.
4) They're all on my shopping list.
Amazon just had it's worst week since 2018 after underperforming the S+P in 2021, but this behemoth isn't going anywhere. I don't need to tell you about the value of it's core ecommerce business that we all use, or the AWS that runs a huge chunk of the internet, the 2nd largest hosting provider with their cloud hosting servicing 42% of the top 10k websites by traffic (Source: BuiltWith), or the success of Prime through logistical brilliance, a successful streaming platform and acquisition of Wholefoods to make the most convenient home shopping platform in the world.
I don't have to tell you about the 31 acquisitions Amazon has made since 2017, 15 of those since 2019.
I don't have to tell you that Amazon is an incredible company that still has a long runway of success and innovation ahead in a growing number of sectors (drones? Yes please!)
That's why Amazon is one of my top choices for investment in 2022.
The business circumstances for each company deserve separate posts in their own right, but to put it simply these companies are the cream of the crop in their industries and we currently have a fire sale.
When the market dips, it's the perfect time to go shopping, and each of these companies deserve serious consideration in your portfolio. Do your own research and make your decisions, but when it comes time to go bargain hunting why not start with the best in class?
A few more stocks I'm looking at meet that >$100B market cap, >$10B gross profits, industry leaders but that are at 6 Month Lows include:
Estee Lauder
Target
Oracle
Blackrock
Salesforce
Alphabet (GOOG)
We can see where the market takes us this week, but I can say with certainty I'll be a buyer on a number of these names this week.
$NFLX - Foreshadowing the MarketsNetflix collapsed and touched its pre-covid crash peak. Looking at the FANGplus Complex as a group, there's cracks in the armor. Is Netflix a warning on what is yet to come? Do markets want to trade back down to their pre-covid crash peak? The weight of the evidence is certainly pointing towards a sizeable correction.
Thoughts?
NFLX Pre-pandemic levelsNetflix has dropped to pre-pandemic levels, let the bottom set in before making a move.
KEY Levels Reached: Four Tech Stocks To Watch!
Hello,Traders!
We can see from the charts above that
AMAZON, NVIDIA, NETFLIX and FACEBOOK
All fell sharply and have reached strong key support levels
Or even the support clusters as in the case with NFLX and NVDA
So I will be watching these ones closely next week
Becasue IF these levels get broken, then these stocks
Will fall even further down and drag the main indecies with them
However, IF we see pullbacks and reversal patterns
We might be looking to enter into the long positions
From good levels with good discounts!
Like, comment and subscribe to boost your trading!
See other ideas below too!
Netflix Wycoff Distribution I believe many of the large cap stocks in the market are going through large distributions. This is my take on Netflix ($NFLX) using Wycoff Method and his Distribution Schematics. There could be signs of recovery, but unless they have intense volume they will likely be Bull Traps. If the upward movement is on relatively low volume that is a sign of continuation to the downside finishing with Phase E .
NFLX Netflix SelloffIf you haven`t shorted the top at my last call:
then you can see NFLX reached a strong support area and it`s now consolidating.
In 2021 insiders sold around $500Mil worth of shares.
The buy opportunity area is $350 - $385 in my opinion if you want to long it once again.
Looking forward to read your opinion about it.
NFLX bearish fade on 1/21This will be a slam dunk trade. NFLX bearish fade on the market open for 1/21. It's been sold off for several weeks now, and it's looking to drop 20% (as of right now) after earnings. It looks to be gapping down to a long term support area. Easy buy for a day trade higher, but be careful of the rollover selling later. I'd get in early for the move, and close once there is any hint of stopping. I'll be looking to sell puts. But I wouldn't look to hold on past half a day.
Netflix leading the market crush, set dips buys ?Netflix chart hit straight away their support zone, things are getting ugly.
How Low Can #Netflix Go? 📉 (NASDAQ: $NFLX)Netflix, Inc. provides entertainment services. It offers TV series, documentaries, and feature films across various genres and languages. The company provides members the ability to receive streaming content through a host of Internet-connected devices, including TVs, digital video players, television set-top boxes, and mobile devices. It also provides DVDs-by-mail membership services. The company has approximately 204 million paid members in 190 countries. Netflix, Inc. was founded in 1997 and is headquartered in Los Gatos, California.
NFLX Bullish or Bearish ??1. Its at the majore support level , SInce broader market fell so the script ,
2. The conflunce of volumetric base will piush the script up unless there is more fall in braoder market
3. The script price corrected very well , Now its time to rise up .
4. Tradee with targets as shown , its beter R:R entry now
with Struch Stop Loss
CHEERS !!
LIke if you agree with the analysis
Potential Pull back for the QQQsWith the pundits calling H1 to be uncertain with the backdrop of interest rates and recently missed earnings from a tech giant, these are potential pull backs for $NQ in various bearish pull back scenarios each visiting critical moving average support.
Revisit SMA 100 @ 14,000 with a -15% pull back in Jun-22
Revisit SMA 150 @ 12,500 with a -25% pull back in Jul-22
Revisit SMA 200 @ 11,000 with a -35% pull back in Aug-22 (less likely scenario)
Pure analysis, no position and not investment advice.
Discussion: Market CorrectionA/ Issues:
1) Grow stocks dropped 50% - 70% (long term portfolio)
2) Margin calls
3) Run out of cash
4) Average down?
5) Passive income on weekly / monthly basic
B/ Solutions:
1) Review your stock in term of Fundamental Analysis, Business Analysis to make final decision
2) Stay focus in family & health
3) Buy PUT (5%) to protect your account
4) Average down or NO average down depends upon each person
5) Sell Cover Call to get premium to collect weekly/monthly income and/or Buy PUT
6) Exchange ABC to XYZ and/or dividend stocks
7) Utilize home equity to invest in big cap and/or mega cap stocks
Netflix plays Squid Game with investors in the past 2 months!25% decline in less than 2 months for NFLX is not what many people expected, but option data suggest more volatile days ahead.
Looking at the options date for the next 4 weeks, you can see 1.37 Put/Call ratio which is very high and indicate more bearish momentum!
Option wall:400-580
Maxpain: 550
Be careful with the earning in the next 8 days!
The big question is if it first move toward 580 and then slips down toward 400 zone or the opposite???
Since I do not have the answer, I will stay neutral.
You can see the most important support(green line) and resistance (red line) levels.
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
NFLX big time head and shoulders - target 475volume spike on neckline break. interestingly the projection here would be to the bottom end of the previous trading range. looks poopy for sure with the head actually being a clear double top. hard to find much to like here.
$NFLX Key Levels, Analysis & Targets $NFLX Key Levels, Analysis & Targets
No position at this time but when It hits 473 or even 478 I’ll likely do something.
Alerts set.
There is one more support I didn't include, accidentally, at the 504 level...
GL, y’all…
——————
I am not your financial advisor, but I will happily answer questions and analyze to the best of my ability but ultimately the risk is on you. Check out my ideas, but also do your own due diligence.
I am not a bull. I am not a bear. I just see what I see in the charts and I don’t pay too much attention to the noise in the news.
If you want me to analyze any stock or ETF just leave me a comment and I’ll do it if I can. (If I have time)
Have fun, y’all!!
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