NFLX AnalysisPrice playing out nicely as analyzed last week, giving us a 11.92% move to the upside after mitigating the bullish POI at 331.23. From here, price could make a bearish retracement to fill the fair value gap at 346.37 next before continuing higher following the bullish order flow.Shortby Keeleytwj3
It's movie time on FridayEver since my wife subscribed to Netflix, I have been chasing several good movies like Vagabond (Korean detective), re-watch Ip Man Part 1 to 3 and now hot on Billions; a movie where I find fascinating how hedge funds operate. So, I took a look at the chart and like what I saw. I will monitoring the price for a pullback and if it still sits nicely on the bullish trend, I would initiate a buy and expect it to fill up the gap above. Think about it, the profits you made could pay off your 1 year or more subscription fees, haha. Wouldn't you like that ?Longby dchua1969Updated 10
$NFLX Bear FlagNASDAQ:NFLX did not tag the horizontal line but came close. Looks like a bear flag but it needs to break before it becomes bearish. If it consolidate into a bull flag its bullish and it can break out. #netflixby AlgoTradeAlert1
A complete analysis of the Netflix stockThe stock descended in wave A, a strong decline, and the rebound was in wave B, and it is possible that wave C will complete a strong five-way decline to retest the bottom of wave A or go a little deeper below, and thus a triple decline will be completed, and then prepare for the rise of a new impulse and make a larger historical peak Note.. The scenario fails if the price closes above the $460 areaby KhaldHegazy112
NFLX- SELL strategyI am not believing in this high level for NFLX from a technical nor fundamental basis. The strategy is SELL current @ 365 and place stop loss @ $ 395 for now. Take profit @ $ 278. Shortby peterbokma0
Netflix's Shorting Potential Slipped Away by a Mere Two DaysMissed the Mark: Netflix's Late Entry Foils My Shorting Plan, and Now It's Breaking Bullish Boundaries! Oh, the frustrations of timing! Just two days too late, Netflix seems to be defying my expectations. It's now poised for a structural breakout, potentially closing above the X point of my carefully identified Bearish Bat Pattern. While this turn of events may be advantageous for Netflix, discouraging more traders from shorting, it's a letdown for me after patiently awaiting this setup for weeks. But hey, that's the nature of trading. Time to swipe left on this missed opportunity and patiently await the next promising setup. That said, the weekly resistance level holds(right).Shortby RaynLim0
Netflix might be on its way into another solid rallyYesterday's breakout above the VCP setup and the stock's close near its day highs could potentially signal a renewed up trend after a long consolidation period. The VCP build up and breakout comes after the stock successfully traded above its 200 day MA for over 6 months. With a stop below yesterday's low (more aggressive stop) or the most recent higher low (more conservative stop), long traders could be looking at a good gain here. Call options could be another way to trade this as NFLX emerges out of a volatility contraction setup. Longby xTDGS0
NFLX - uptrending along rising trendlineSince breaking up a base formation neckline @ 252, NFLX had began a rather choppy rise with moderately deep pullbacks. Longer term trader could place trailing stops slightly below the rising trendline for now and until such times when this trendline becomes irrelevant. This bull could have some way to go. Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Take care and Good Luck!Longby Juliac333
Long NFLXNetflix can go to around 375 - 380 if clears 350. Has taken small position, will add in case of pullback.Longby sachin1337Updated 9
NFLX Entry, Volume, Target, StopWhen price clears: 349.80 With daily volume greater than average Target: 379.50 area Depending on your risk tolerance: 339.90 gets you 3/1 Risk/Reward. This trade idea is not trade advice. This swing trade idea is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not take this trade based on my idea, do not follow anyone blindly, do your own analysis and due diligence. I am not a professional trader.Longby tradepatientlyUpdated 2
Symmetrical Triangle/OversoldPrice is above long entry level. Targets in green are targets for a break to the upside with the larger type being T1. Bullish Marubozu candle with both ends shaven right now. No recommendation/oversold with RSI on 70/oversold or overbought conditions can linger for extended periods of time. by lauralea337
NFLX long term Channel looks good for long-term, coming out from bottom of the channel. Longby adisekarm1
NFLX breakout daily and 1hr chartNFLX daily and hourly Top watch going into the week. Daily 9/21EMAs crossed and we broke out of this trendline with an explosive move outside the upper Bollinger band. Ideally, I would like a pullback to the trendline or breakout zone between 332.5-334.5. I've also got my eye on 336.5 level on the hourly chart for a possible intraday setup, but I'd rather bounce it down at key support level. Leaning long on it this week. Once this stock gains momentum it moves very quickly, don't fight the trend.Longby MIGHTYMIKEE1
NFLX AnalysisPrice playing out nicely as analyzed last week, taking out the buy-side liquidity and gave a nice reaction to the downside. Right now, I'm expecting a bearish retracement into the bullish POI at 331.23 before we look for a confirmation for price to go higher.Shortby Keeleytwj2
Netflix - there is a great potential for growthIdea: Long Horizon: 2-3 weeks Target 1: 349,74 Target 2: 363,82 Target 3: 379,19 Potential of the idea: 10% Stop order: $ 314,2 Technical analysis The price structure is in an upward movement, forming a ‘triangle with a squeeze’ figure along the trend, accordingly there is a high chance of continuing the upward movement. It is better to consider entering a position in the support zone 315.8 - 330.21. The RR ratio when reaching Target 1: 1 to 2. You can only enter after confirmation on younger time frames. Fundamental factor. Netflix’s announced plans for four summer investments of $2.5 billion in the production of Korean dramas, movies and reality shows are fueling interest in the service, which will positively affect the price of the asset. Longby SiriusBH1
NFLX.. broke outHas a gap to close at 350.. they'll be closing this by next week.. Nflx is apart of XLC sector like Googl and Meta... as you can see they've been carrying the market Looking at XLC , it has a little more room left to go which I think Nflx will be apart of I don't know if it goes higher than that or falls off a cliff from there but 350 is my target Longby ContraryTrader11
NFLX long ideaNFLX daily and hourly Top watch for me tomorrow. Daily 9/21EMAs crossing, wick down to support, and closing outside of the downward trendline. Leaning long on this. Watching how Disney moves to earnings tomorrow might affect the way NFLX moves. Looking for 334-334.5 zone to hold as support and launch this thing. Under 330 I think we revisit the daily EMAS 327-328 area.Longby MIGHTYMIKEE0
Institutions are dumping NFLX within an apparent diamond patternI spotted this diamond a year ago after the earnings panic. Since then, I realised that institutions have been dumping Netflix at a prodigious rate. In fact, NFLX has gone from nearly 100% institutional ownership, down to 74% institutional ownership in around 15 months. This translates to institutions performing a dump of just over 1.5% of institutional holdings every month on average. I think this short has a lot of potential if I am correct about the diamond pattern and it's clear that the catalyst is going to be institutional deleveraging. What I'm looking for to confirm this trade is an ABC move up. That is to say, the dump back in October Q4 was an A wave down, we are now in a B wave (that subdivides into a smaller ABC move up) and confirmation of this trade will mean that we complete the ABC I have sketched out (zig zag pattern) up to roughly around the 400 range. An ABC up in this manner means we have a B wave with a C wave decline yet to materialise and it's the C wave we should aim to capture with a short. I consider this quite a long-term outline and I don't envision this C wave to materialise until next year. My suspicion, is that NFLX is being harmed by the streaming explosion that has resulted in a massive influx of very aggressive competitors. I think that the password-sharing crackdown will ultimately do more harm than good and do nothing to help their earnings. So, I'm not saying get in on this now, but the basic premise here is to wait to see if the ABC zig-zag upmove (representing a cyclical B wave) materialises. If it does, I consider NFLX could be an excellent short.Shortby RogueEconomicsUpdated 227
Levee Break Initial target 293 in coming weeks. If that breaks it opens door for downside to 246-267 (point target 267) by mid to late June. Levels needs to breakdown on path to target: 327, 293, 277Shortby JerryManders3
NFLX: Buy ideaBuy idea on NFLX as you see on the chart because we have the breakout of vwap.Thanks!Longby PAZINI193
NFLX AnalysisPrice playing out nicely as analyzed last week, taking out the sell-side liquidity and rallied, breaking market structure to the upside. Right now, I'm expecting price to rally towards the buy-side liquidity at 345 area.Longby Keeleytwj0