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NFLX

Predicting the future using the wolfe wave in Netflix?$NFLX The wolfe wave indicator is increasing in popularity as we continue to see more people using it and enjoying the results. NFLX has been traded aggressively in long puts and has done extremely well using the wolfe on shorter time frames. Now there is a massive setup for a gap fill down to 249 before filling any of the gaps above. The gaps that are above 300 will likely fill on the next earnings run up mid December or early January 2023. Be cautious of any dump first week of January 2023, which we would consider as a buying opportunity into earnings. Markets will pump and then dump. Last week, there is a daily wolfe wave setup that triggered on Nov 16. The projected target is calculated by extending a linear line between pivot 1 and 4 and projecting the line. This is represented as the red perforated line, as shown in the chart. The projected target is around 252 but keep in mind the gap is at 249. I hope all of you bank on this!
NASDAQ:NFLXShort
by TOSOPTION
NETFLIX gives a confirmed MEGA BUY signalWe've been bullish on Netflix (NFLX) since early Summer after the price held the 1M MA200 (yellow trend-line), which as we noted on our April 21 analysis, is the historical Support: Even though the drop didn't complete the expected -80% drop, it did come close enough (-76.50%) and as you see the rebound since the mid May bottom has been massive already (+87%). The price is now close to hitting the 1W MA50 (blue trend-line) for the first time since the first week of January. The current analysis is on the 1W time-frame and illustrates NFLX's long-term price action since it's first trading day. Though the scale is logarithmic, we can fit the price action within a Channel Up. The recent May bottom was exactly on the Channel's bottom (Higher Lows trend-line) just like the previous Higher Low in late July 2012. The catalyst that is making us claim that Netflix formed a bottom and is giving a confirmed long-term buy signal is the fact that the price continues to rise even after the formation of the Death Cross (bearish signal technically), which is when the 1W MA50 crosses below the 1W MA200 (orange trend-line). In all (2) previous occurrences (July 2012, April 2005), the stock price had already formed its bottom and was at the start of a very aggressive rally towards its previous All Time High. The current Death Cross was formed in August (2022) and the +87% already shows how this is similar to past bottoms. There is a Lower Highs trend-line involved (dotted line) which during the past two rallies, was the initial target. In the 00s the price took a while before making a new All Time High while in the early 2010s it took just a few months after touching the (dotted) Lower Highs trend-line. As a long-term target, an investor could use the Multiple 3 (red trend-line), from the Fib MAs indicator. ------------------------------------------------------------------------------- ** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------- 👇 👇 👇 👇 👇 👇 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:NFLXLong
by TradingShot
NFLX SHORT IS COMINGDuring a parabolic move, the price goes up in a steep upward incline on a chart as buying increases dramatically bidding up a price higher and higher with little if any short-term pullbacks. A parabolic move on a chart is one of the most powerful types of chart patterns showing extreme fear of missing out and chasing prices higher and higher until it depletes all possible buyers. A parabolic move many times can go into extremely overbought readings over the 70 RSI and be over 4 to 5 deviations from the 20-day moving average. Additionally, we have an island reversal at $260 areas, so we have multiple confirmations which makes a higher probability. Good Luck :)
NASDAQ:NFLXShort
by ronskalit
4
Market up on GM, UBS, KO earnings Coca-Cola shares rose 2.9% in the premarket after the beverage giant’ third-quarter earnings and sales beat Street forecasts. The company also raised its full-year outlook as demand remains steady even as it has raised prices to make up for higher expenses. General Motors (GM) – GM shares rallied 4.4% in premarket trading after the automaker reported a better-than-expected third-quarter profit, helped by rebounding sales. GM also said supply chain constraints are easing, allowing it to increase inventories on dealer lots. General Electric (GE) – GE jumped 4.2% in premarket action even though its earnings fell short of forecasts. The company cut its full-year outlook as it works its way through supply chain issues and higher costs. GE’s revenue was stronger than expected, as was free cash flow. UPS (UPS) – The delivery service’s shares rallied 4.4% in the premarket following a mixed quarterly report that saw earnings beat consensus and revenue fall short. UPS was helped by expanded profit margins as it raised prices. UBS (UBS) – UBS jumped 5.1% in the premarket after the Swiss bank posted better-than-expected quarterly results, helped by a jump in customer cash inflows to its wealth management business. SAP (SAP) – SAP rose 3% in premarket action after the German business software company reported upbeat quarterly results, helped by strong growth in its cloud business. SAP also confirmed its full-year outlook. Logitech (LOGI) – Logitech jumped 7% in the premarket after the maker of computer peripherals maintained its current full-year guidance, which was reduced in July. Logitech has seen sales cool off following a long period of elevated demand spurred by the pandemic. Qualtrics (XM) – Qualtrics surged 9.6% in the premarket after the maker of customer feedback software reported better-than-expected quarterly results and lifted its full-year forecast.
CME_MINI:ES1!Long
by AnthonyNelson
1
NFLX to reach 180 by the end of SeptemberNetflix (NFLX) has been forming an ascending broadening triangle since May and fully established a support level between 162.71 and 169.70 from the middle of May to the middle of July. Then the price reached a resistance level of about 250 in the middle of August. In my opinion, NFLX is nearing the end of a 2+ week consolidation period and has formed a bearish head & shoulders pattern. In addition, the new descending trend line and 3 bearish key reversals suggest that the price will move lower approaching the support level of 174 by September 30, give or take a few days. See my recent analysis of GOOGL to see how I marked support and resistance levels and observed key reversals to make a very accurate prediction (or maybe I was lucky). Disclaimer: I am not a financial advisor, and the above statements are not investment advice. My comments are only intended for educational purposes. You are solely responsible for your own trading decisions.
NASDAQ:NFLXShort
by cdnbuzzard
1
NETFLIX - personal opinion Hello everyone,🙋🏾 🗣Here again Rom with a personal opinion, All traders have experienced the frustration of being “the last one to the party.” Missing the run. And I think an opportunity has been created here, quietly and slowly. I don't think it's necessary to introduce Netflix, The big streaming company. NASDAQ:NFLX Company data ✅ Market Cap 108.28B💰 P/E 22.54 Income 4.84B Sales 31.03B JP Morgan Target Price $240 → $330💥 Deutsche Bank Target Price $270 → $350💥 🎉Netflix has stopped losing customers, after struggling to hold on to them in the face of competition and pressures from the rising cost of living. The streaming giant said it added 2.4 million households to its subscriber base over the July to September period. That reversed the losses it suffered in the first half of the year after raising its prices in key markets. Hits such as Stranger Things and Monster: The Jeffrey Dahmer Story helped draw viewers back to the site. "After a challenging first half, we believe we're on a path to reaccelerate growth," the company said in a letter to investors on Tuesday. The company said it expected to continue to add subscribers in the coming months. It is also rolling out several changes intended to restore its fortunes, including launching a less expensive option with adverts next month. Those who want to be exposed to the stock indirectly can do so through the following ETF:🎲 Ticker_____Fund Name _________________ # OF SHARES QQQ _____Invesco QQQ Trust_________________ 6.46M SPY ____ SPDR S&P 500 ETF Trust____________4.83M IVV _____iShares Core S&P 500 ETF ______ ____3.96M VOO____ Vanguard S&P 500 ETF______________3.49M VTI_____ Vanguard Total Stock Market ETF____ 2.96M More content, follow me, express your opinion, and share me.💃🏿 ⚠️__🚧___🚧___🚧__🚧___🚧__🚧_🚧__🚧__🚧__🚧__🚧_🚧__🚧__🚧_🚧__🚧_⚠️ There is no recommendation for buying or selling or any action in the stock, I am not an investment advisor and publish this article as a hobby only. Everyone has to perform risk management on their own or contact an investment advisor with a license, I don't have one. Investing in the stock market involves risking your money!⛔️ have fun💃🏿
NASDAQ:NFLXLong
by ROMLUCK
NETFLIX +15% near the 1D MA200 for the first time since January!Netflix (NFLX) had its highest daily opening in over one year, rising so far +15.21% form a 240.86 close yesterday to a 277.50 intra day peak. This is of course a fundamental move due to the big earnings surprise yesterday (3.1 EPS against a 2.18 forecast). Technically, this brings the price just below the 1D MA200 (orange trend-line), which has been untouched since January 05 2022! A break above it has to be backed-up by new fundamentals though as there is a strong Resistance Cluster formed by both the 0.382 Fibonacci retracement level and the top (Higher Highs trend-line) of the Channel Up that started in mid-May. If that rejection occurs, then buying again on the 1D MA50 (blue trend-line) would be the most optimal low risk strategy, targeting just below the 0.5 Fibonacci level at 330.00. Further long-term buys can be taken, in our view, only above the 0.618 Fib which is the top of the High Volatility Zone of January - April 2022. P.S. Check our previous analysis on Netflix in an attempt to price a good long-term buy. Has been working out very well so far: ------------------------------------------------------------------------------- ** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------- 👇 👇 👇 👇 👇 👇 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:NFLX
by TradingShot
2