1/6/2023 Iron Condor Trade Idea NFLXShort Iron Condor Idea
+1 $340 call 1/6
-1 $335 call 1/6
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-1 $245 put 1/6
+1 $240 put 1/6
$70 credit, $500 collateral
6:1 risk:reward (high risk, low reward)
NFLX trade ideas
NFLX down babyCharted this 2 days ago and I wasn't confident going bearish because the overall trend and spy were bullish, but this morning I was surprised by the big drop.
Cycle compare BTC VS NetflixHi @everyone,
Here another BTC cycle comparison to our previous one.
Cycles wont repeat excactly but markets are driven trough humen emotions (Fear and Greed), thats why they rhyme often.
This is why many cycles have an indentical fractal onces you zoomed out and ignore the low timeframe noice.
as a previous cycle doesnt give u any guerantee that it will do the axact same thing, it wil give you a kind of guide into your long term investment portfolio's, by learning to reconize how cycle bottems and tops are formed it wil give you an edge over the competition into making live changing decisions.
- Be there when others look away, the pain of an bearmarket is just temporary.
- Never invest more then you are willing to lose, you will sleep well at night.
- Having patiënt and a long term view is a must if you want to trade/invest.
Cheers,
Team Quantisic
NFLX TANow there are two options on what can exactly happen here but one thing I know forsue is that a breakout is coming either to the downside or upside. I personally wouldn't make any moves on it until the setup is complete.
Netflix takes breath for deep diving.As you can see on the chart, Netflix actually rises up for Gap filling.
Please mention: 30% in a few weeks.
Wait until first Gap ist Closed, then go short.
NFLX AnalysisPrice has filled most of the gap from April 2022. We see price is on an uptrend with shortening of the up waves, indicating exhaustion of this uptrend. I'm expecting price to mitigate the bearish POI at 331.62 before going lower.
NFLX- Ascending Wedge Pattern Setting up Bearish SHORTNFLX has been in an uptrend and quite bullish and relatively strong
on the 2H chart an ascending wedge pattern is seen.
Moving Averages confirm the present trend as bullish with no crossovers
and the price above all of them.
Given the ascending wedge I will take a small position now at the trendline
resistance as a swing short. I will add to it if/when price breaksdown
below the green trendline support and the fast moving average crosses
the intermediate moving average as well as a line crossover on the MACD
or bearish divergence on a RSI indicator.
#Netflix Rising wedge with Bear divs. Get shortNetflix has a rising wedge that looks pretty much complete. We are at the high side of the pattern. STO is high so lots of room to fall. 5 bearish divergences showing the new highs are weak. Worth a short position.
Volume is insignificant compared to the volume spike on the first high.
RSI is 64 and is weaker on each new high. Buyers are running out of steam. Sellers are taking over.
Stochastic is 83 so we have topped out with plenty of rom to fall.
Target 1 = 250
Stop Loss = 345
Line in the sandLooks like we have reached the line in the sand. Short as long as we are below the blue line.
NFLX quick move downlooks like we see some rejections ! let's see if we can catch a downside move Monday !!!
NFLX Simple Chart AnalysisNFLX if you notice the drop was almost near to the support we draw before. It rebound & will continue to move towards a higher area here. Red chip are growing too.
Anything below 249 area will be an exit.
NFLX is looking like a short!NFLX has been running hot for awhile now, with CPI and JPOW decision next a pull back sound perfect for bears!
Bearish on NFLX, holding a Put Option for Next Friday Dec 16Rejected at the top of Previous Gap + top of Channel Trend & Shooting Star candle pattern on the Daily chart.
NFLXNot an ideal set up here for a long, looks good af to short though..
Will do that here and labeled fib levels which could offer support.
Rising wedge in the works here and 300 looks at least to be tested soon.. possibly below that if the formation breaks down.
NFLX Daily TAI mean this is just textbook analysis, but for those that dont know this is the most simple rising wedge i have seen, I personally would say that nflx has one more leg up before a break below the wedge. I will keep tracking it. Again this is the DAILY chart so dont screw yourselves.
NFLX Bounce Boyshuge bounce on NFLX due to it being oversold. downtrend seems in tact therefore i wouldn't be surprised to see a huge rejection off the first test of previously lost support now turned resistance. heads up out there
The gap on Netflix is nearly filledThe huge gap in the Netflix chart has nearly been filled up with the recent up trend which looks to me like a bearish rising wedge pattern. Could we soon see a reversal?
ABC Bullish/Rising WedgePrice is inside a rising wedge that has not been broken.
Possible RSI Divergence although it is subtle.
ABC Bullish pattern that is inside the wedge has taken price up.
Analyst upgrade.
The wedge is not valid until broken.
Targets 1 and 2 have been met.
No recommendation/There is resistance overhead.
NASDAQ NETFLEX goin short NASDAQ:NFLX
there is more than one signal showing us that the price will respect the the AB=BC pattern . and the rising wedge .
Take NFLX downNFLX Rising wedge with a bearish RSI divergence pattern as well. Let's take it down to 240.
Rising Wedge & Incoming Resistance on $NFLXWatching this setup for a possible breakdown on $NFLX.
Rising wedge within upward channel.
Still has room to go up before Approaching resistance from 323-335
Netflix to find support at 50 EMA again?Netflix - 30d expiry - We look to Buy at 281.11 (stop at 265.74)
Our short term bias remains positive.
Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end.
50 1day EMA is at 276.80.
The 1 day moving average should provide support at 276.80.
Daily signals are bullish.
Expect trading to remain mixed and volatile.
Early pessimism is likely to lead to losses although extended attempts lower are expected to fail.
Our profit targets will be 319.49 and 329.49
Resistance: 322.77 / 350.00 / 395.00
Support: 302.10 / 275.94 / 252.09
Disclaimer – Saxo Bank Group.
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NFLX Long positionNetflix is making HH and HL taking price target is 330 and i think it will roll over again, NFA
