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...
NETFLIX looking for a great buying opportunity after having 72% correction from the top.
Looking 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.
Buy Netflix (NFLX) only if it goes above 346 with Stoploss of 340 and Target of 358 for education purposes only.
Netflix 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.
200 weeks average violated Historical retracement of the 5 structure resumes. Wave a to terminate at 50% or 61.8% of the historical rise or and sub wave degree Wave iv which is around 61.8% 345 and 264 historical retracement to find support. Pullback for wave b can resume from retracement and support as shown.
Stock has touched below 200 Week EMA level -- Company has good number in general and growth ratios and currently available at 50% discount from its ATH. Disclaimer: View for Educational purpose only , not to be considered as investment/trading advice.
Currently 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 opened up with a huge gap down after its announcement of weak numbers in Q4. Gap should be filled sooner or later. Same level would act as a major resistance for upcoming times. Stock is trading below 200 Days EMA Disclaimer: View for Educational purpose only, not to be taken as trading/investment advice.
NETFLIX: WILL FALL ANOTHER 100 DOLLARS?????? Due to lack of Subscription improvisation today Netflix has fallen more than 20% in one trading session. Here we will analyze what will happen next to Netflix. So as of now, the price has been retested the previous consolidated top level but if we look at the volume it shows a clear lack of buyer in the trend so we...
Netflix 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.
It 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.
Looks like to create a new lifetime high TARGET: 750.00
Netflix has been on beastmode since we discussed the breakout of the long base. Looks ready for the next leg up after retesting that important 570 level. Would watch for a flush to psychological 600 level to hold. May even buy some calls on this for a month or so out. I think 700 is in the cards if the market can right itself.
I would be a complete moron to not have this name in here this week. We are finally breaking out of this really long base. I’m just hoping the name gives a decent pullback before setting sail into the 700s. Would really like to see a retest of the 568-570 area so we can look for support.
netflix is more likely to break the support and line and take a fall rather than going up as resistance looks more promising