Netflix short term NASDAQ:NFLX
Look like again ready for move upside.
Buyer absorb selling pressure.
Current price - 1205 around
Demand zone: 1185- 1140
Sl - below demand zone (6-7%risk)
Netflix
Bearish Setup on NFLX: Correction Wave (C) UnfoldingTF: 4h
NFLX appears bearish at the moment. The corrective structure on the 4-hour timeframe suggests a potential decline. The current formation indicates that wave B likely completed at 998.61, and the stock has now begun its descent into wave (C) of the correction.
The correction may extend to the 100% projection of wave A at 788.67, or potentially deepen to 659.06, aligning with the 1.618 Fibonacci extension of wave A. After the completion of wave (C), traders can buy for the target up to wave B at 998.61.
I will continue to update the situation as it evolves.
Investment_ NetflixNamaste!
Netflix has corrected almost 74% from the all time (swing) highs. This isn't new for Netflix. It had happen in the year 2011-12, when it corrected 82% from swing highs. It had moved >9000% since then (up to the latest swing high from Rs 7-8 price). Investing after a correction is a good idea, because it gives us more room for potential gains. And, there is no SL. In the worst case scenario, (if the company goes bankrupt), we don't sell. It's just the cost of execution (we lose 10% of our capital).
1. Do not invest more than 10% of your whole capital in this stock.
2. It is a good price to buy (invest) now. The current price is Rs 183 approx.
Thank you for your time.
Disclaimer: The analysis and idea I have shared is of my own. Please do your own due diligence before investing. The reward always comes with a risk.
alphabet whats next ! A CLOSE ABOVE 97$ WOULD LEAD TO AN UPWARD JOURNEY till 104 to the least as per chart!
support at 95$
NETFLIX A very low list and high reward setup, next target 271At the downward channel, following the ascending channel with a small SL one can go long positionally for good returns in my opinion.
NETFLIX is a buy. Looks good for long term.Yes. Netflix even after such a fall it's in an ascending channel so I would think twice before shorting it. It can help its investors make good bucks if held for long term.
Netflix (NFLX) Stage Analysis Netflix (NFLX) weekly chart with Stage Analysis - Stage 4 stock.
Only for educational purposes, Not a buy/sell recommendation.
Netflix - Will it take U-Turn? Wave A in progress, Wave (5) of Wave A extending is unfolding and - bad news is, it is also extending
Looks like moving towards 107
Lets wait and see
Netflix can plunge upto ''15%''Hi Traders / Investors ,
Netflix can fall upto 560 levels from 665 levels upto maximum of 100 points because of following reasons based on technical analysis.
1) Breakout and retest of Ascending triangle pattern and Uptrend .
2) Failed to form Higher High and Higher Low.
3) Formation of Bearish RSI Divergence.
It can fall upto 615 level which can be target no.1 and 560 level can be target no. 2 , if target no.1 breaches then we can look for target no .2.
This is just an analysis so please don't take any decisions solely on this basis.
Please give thumbs up if liked this analysis , as it requires deep research.
NFLX : looking for buy!NETFLIX looking for a great buying opportunity after having 72% correction from the top.
You can check my previous postYesterday i discussed about this resistance, i discussed that resistance is not imp but still keep eye on, n as you can see that resistance pushed price down
#NETLIX ready for a possible ReversalLooking at all the signs, if we put global news aside and think about TA, I feel #NFLX looks ready for a Trend Reversal and Targets 450-500$ first. I've shared detailed analysis in the chart. Do follow and like this idea to get more interesting updates.
Netflix ready to moveNetflix has formed a pennant pattern and currently its in a position to either give a breakdown or a breakout from this point. A proper trade can be initiated after either of those happens with good volumes.
LONG Call on NETFLIXCurrently NETFLIX is at attractive levels where retail investors can start adding stocks in small quantities. Long term investors should buy in higher quantities.
All short and long term exit strategies are marked. Hope all traders make money in few months time :D
Netflix at SupportNetflix has corrected a massive 25% today and is currently at its support of $385 so these levels should hold. If you see any positive momentum in the coming days, you can add at these levels.
Good Long Pattern On NetflixIt is a good buy with a good trade plan,
Always remember you are not going to win every trade
so follow your risk management properly and manage your trade properly.
NETFLIX & CHILLnetflix is more likely to break the support and line and take a fall rather than going up as resistance looks more promising
