NFLX
NETFLIX INCThe market is generally always bullish. but he lost a bit of that strength. at the moment he is creating a trading range in the weekly chart. if he ever breaks the (465) with power. there is a probability that he can reach around (413.93)
but if he ever breaks 522 with power there is a probability that he will reach around ( 590 )
NFLX:Massive move incoming?Last idea didnt go as planned lol, so lets give it another go.Netflix on longer timeframes looks very very bearish,with descending triangle,indicators screaming downside and election fears,im expecting it to go to 430-400 in a month-months and a half. Very risky play,basing this purely on indicators and elections.Let me know your thoughts on this one,as always happy trading and stay green!
NFLX 4D: good night BULLS // 40% correction is here(NEW)Why get subbed to to me on Tradingview?
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NFLX 4D: good night BULLS // 40% correction is here(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: US/Global stock markets are maxed out
::: 20/25% correction August/September
::: DAX down 5% in Europe already recently
::: QQQ/SPY joining BEAR party soon
::: NFLX is TOPPED out already in this cycle
::: unsustainable gains lately went parabolic
::: Dark cloud cover candle + runaway gap
::: spells MAJOR trouble for the BULLS
::: bulls going to sleep now
::: expecting CORRECTION to last next 4-8 weeks
::: distribution at the top in progress
::: previously went parabolic : WEAK CHART
::: will lose up to 40% during correction
::: There is no upside in this market
::: Get out / trim exposure / or SHORT IT
::: Game over bulls and market will shift
::: into BEAR mode August/September 2020
::: either way setting up for 40%+ correction
::: 4-8 weeks of correction incoming soon
::: better be prepared in advance
::: when there's GREED there's also PAIN
::: good luck traders
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment: BEARS
::: Sentiment outlook short-term: BEARISH
$TSLA Plays the "Split" Card to Draw in More from Mom and PopTSLA still laughs at us from above that $1300 level. But it's an itch that needs to be scratched -- now lined up with the 50-day and the primary trend line, to boot. But that relief will have to wait a little longer as Elon and the fellas became the second major megacap to hit the "split" button (after AAPL).
Expect a lot more splits this fall now that we are in the first "retail driven" bull market since the 1990's. Who's next? AMZN, GOOG, MSFT, NFLX, BKNG, ISRG...