Buy NetflixShort Term Trading Advice by Naranj Capital Buy Netflix ● Buy Range- 710 - 720 ● Target- 745 - 750 ● StopLoss- 690 ● Potential Return- 3-4% ● Duration- 10-12 Trading Days Longby NaranjCapital2
NetflixNetflix witnessed a strong rebound after forming a new higher low at 660.80$, violating the last peak 711.33$ in yesterday's session. and the confirmation of this breakout by remaining above 711.33$, will confirm the current uptrend, triggering further rises near 743 - 770 - 800 - 840 in the short term. The stop-loss lies below 688$. the indicators are heading toward the positive side, which confirms the mentioned positive scenario. The information and publications are not intended to be or constitute any financial, investment, commercial, or other types of advice or recommendations provided.Longby Gehad_Abouelela11
NFLX enroute 760sNFLX has been following the price channel for sometime. With a better macro than a few weeks ago, bullish volume is seen building up. With everything remaining same, the stock should see 760s by end of September 2024Longby naivetrader37380
NFLX trying to print ATH NFLX has hit its head on ATH many times recently and likely will break through it, we did meet my target of $661 ish on recent correction I'd expect it to print new highs then check back below that level once again before staying above the $700 rangeLongby ShortSeller764
Top 5 Weekly Trade Ideas #3 | NFLX Bull FlagThird bull flag in a row, they're everywhere right now. This one is a little different than RKT and Silver IMO because it's a tech stock. I'm not convinced tech is going to be bullish after this week, but if NFLX breaks out of this bull flag and makes a new ATH I'd have to expect more upside after. This started developing during the first week of August so it may take some time to hit the final target, but it'll be a blue sky setup. I'd be targeting 800, which is near the flag pole length from the breakout point and is a psychological whole number.Longby AdvancedPlays0
Time to short NFLX againShort within the next few weeks. We are reaching a double top. First target $580 Stronger short for months long trade (Huge retracement) Same pattern 2015-2016 As well as 2013-2015Shortby MCMC_03314
NFLX 2WFrom a technical perspective, the stock has reached a resistance zone, which also coincides with a three-year pivot level. The presence of divergence in the RSI and a break of the MACD lines indicate a potential price decline.Shortby Trading-House1
NFLX ( Netflix ) SELL TF M15 TP = 631.71On the M15 chart the trend started on Aug. 20 (linear regression channel). There is a high probability of profit taking. Possible take profit level is 631.71 Using a trailing stop is also a good idea! Please leave your feedback, your opinion. I am very interested in it. Thank you! Good luck! Regards, WeBelievelnTradingShortby WeBelieveInTrading4
Bearish Outlook: Targeting 640.36 and 616.11 on NFLX Trading Idea for NFLX (Netflix, Inc.) Based on the 4-hour chart, Netflix appears to be experiencing a downside momentum. The price has been consistently testing lower levels and is currently trading below the short-term moving averages. The key support levels to watch are the Previous Month Mid of 640.36 and the Previous Quarter Mid of 616.11. Path of Least Resistance The path of least resistance currently appears to be towards the 640.36 level, followed by a possible further drop to the 616.11 level. This aligns with the support levels indicated by the previous month's and quarter's midpoints. Key Levels Resistance Levels: Previous Quarter High at 690.22 Previous Month High at 711.22 Support Levels: Previous Month Mid at 640.36 Previous Quarter Mid at 616.11 Previous Month Low at 569.50 Indicators The price is currently below significant moving averages, adding to the bearish sentiment. If the price breaks below 663.05, it could signal further downside towards 640.36 and potentially 616.11. A potential short setup could be considered with a stop above 690 and targeting the mid-level supports. Trade Idea Short Position: Enter short below 663 targeting 640.36 first, with a further target at 616.11 if bearish momentum continues. Stop Loss: Place a stop above 674-690 to manage risk in case of a reversal. Conclusion: The chart suggests a bearish outlook with possible moves toward the mid-level supports. The trend direction and pivot signals further support the idea of selling rallies or breakdowns from the current levels. However, caution is advised around the 640.36 level, where the price could consolidate or reverse. Shortby MTF_ANALYST3
NETFLIX stock can shortbTHIS IS NOT A RECOMMENDATION FOR INVESTMENT OR TRADING, Netflix stock can short by timeframe day is can be just a corrective wave, and you can check my perfirmance about Elliott wave by my ideas in Tradingview.com too.Shortby jirapatsangmee1
NFLX to $650Price at top channel Stochastic Momentum Index (SMI) at overbought level TTM Squeeze is on TTM Squeeze momentum is up In at $679 Target below $650Shortby chancethepugUpdated 0
NETFLIX starting the 2nd bullish leg of its expansion phase.Netflix (NFLX) has been consolidating above the 1D MA50 (blue trend-line) since the August 20 High and is on the exact same level where during all previous Bullish Legs of the 2-year Channel Up, it ended the consolidation and moved to the 2nd rally of the expansion phase. This is also evident on the 1D RSI, which is about to start a Channel Down that in previous Legs it moved parallel with the price's 2nd rally. Our Target is $900.00 representing a +70.48% rise from April's low, which is the smallest rally recorded within the 2-year Channel Up, thus the more realistic target. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, 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 us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Longby TradingShot9
NFLX 4hr Long Buy Stop💹 Stock: 📈 4hr Long Buy Stop 🎯 BUY STOP - 699.72 💵 TAKE PROFIT - 732.35 🔴 STOP LOSS - 688.85 ⚠️ Reminder: If price trades below the 10ema remember to cancel your buy stop position.Longby angelvalentinx2
Netflix Attempts Historic BreakoutNetflix recovered quickly from its August lows, and now some traders may see potential for a rally to new highs. The first pattern on today’s chart is the July 17 peak of $678.97. Notice how the streaming-video stock crossed and held that level last week. Has old resistance become new support? Second, the July 17 candle followed a mixed quarterly report. The stock tried to rally that morning before sellers managed to drive it lower. Getting back above that day may suggest that investors are focused on positive aspects of the report. Third, MACD was falling at the time, which may additionally explain why the bulls failed. However, the oscillator is now rising. Prices are also above their 8-day exponential moving average. Those signals may reflect bullishness in the shorter term. Fourth, NFLX is near its previous highs from 2021. As a result, further upside from here may draw longer-term trend followers and talk of a new bull run. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. See our Overview for more. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors. Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges. TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.by TradeStation10
NFLX SELL++++ $662 1st targetNFLX ATH hit it's head on resistance after becoming overbought on many indicators, any time you make a double top high we tend to check back underneath before breaking through with strength, NFLX needs retrace firstShortby ShortSeller767
Netflix Stock Gains as Evercore ISI Raises TargetNetflix Inc. (NASDAQ: NASDAQ:NFLX ) continues to capture the spotlight in the investment world, with Evercore ISI raising its price target from $710 to $750. The decision to increase the target stems from robust survey results and an optimistic outlook for the streaming giant, reaffirming Netflix's position as a dominant player in the entertainment industry. Strength and Growth Potential Evercore ISI’s decision is underpinned by comprehensive research, including detailed surveys conducted in the U.S. and Mexico. The results reveal that Netflix's core metrics—content selection, customer satisfaction, and churn rates—remain stable and strong. In Mexico, Netflix boasts an impressive 83% satisfaction rate, a testament to the platform's ability to deliver consistent, high-quality content. Moreover, Netflix (NASDAQ: NASDAQ:NFLX ) is expanding its competitive lead over other streaming platforms. Evercore ISI emphasizes that the quality of Netflix's content is a significant factor driving its continued dominance. The firm’s surveys indicate that subscribers are particularly excited about upcoming content, such as "Squid Game II," which is expected to further enhance Netflix’s appeal. The firm also highlights Netflix's foray into live events and gaming as key growth areas. With 60% of subscribers likely to remain loyal if more live content, like sports and stand-up comedy, is introduced, and 47% of U.S. subscribers already engaging with gaming offerings, Netflix is well-positioned to tap into these emerging markets. A Bullish Yet Cautious Outlook On the technical front, Netflix (NASDAQ: NASDAQ:NFLX ) shares are up 1.28% at the time of writing, continuing its upward trajectory. The Relative Strength Index (RSI) is at 68, nearing the overbought territory. This suggests that while the stock has been on a steady rise, investors should exercise caution, as the momentum could reverse if bearish forces gain strength. The stock has seen modest gains each day, pushing it closer to new highs. However, if the bullish momentum wanes, Netflix (NASDAQ: NASDAQ:NFLX ) could face a critical test of support. The major support level identified on April 19th, 2024, could serve as a key indicator of the stock’s direction. A break below this support might signal a potential correction, so traders should keep a close eye on this level. Conclusion: A Strong Buy with Caution Evercore ISI’s increased price target reflects a strong confidence in Netflix's fundamental and competitive position. The company's ability to consistently deliver high-quality content, coupled with its expansion into new areas like live events and gaming, positions it for continued growth. However, with the RSI approaching overbought levels, investors should remain vigilant for any signs of a potential pullback. Longby DEXWireNews3
NFLX: Buy ideaOn NFLX we would have a high probability of having an upward trend as you can see on the chart, buyers are trying to break the vwap indicator as well as the resistance line. If all these conditions are met, we could hope to see the market rise.Longby PAZINI192
Drifting Lower in a Constructive WayConstructive drift lower on NASDAQ:NFLX with potential pullback buy setup. Mega caps have not been moving as money rotates into more interest rate sensitive places but $mets NASDAQ:NFLX NASDAQ:AAPL NASDAQ:NVDA on the top of that mega cap with best technical picture.Longby TaPlot7
NTFLX - Waiting For Key Level TestAs the titles implies, NETFLIX is waiting for a KEY LEVEL TEST before making large moves. It has recently broke through several ranges to the BUY SIDE, showing it has lots of BULLISH movement. This can be seen with the LARGE VOLUME BULLISH CANDLES that followed after hitting one of the SUPPORT LEVELS, where it created high volume with NO RANGES, further proving it's high volume of buys. What I'm looking for now is a retest of the resistance level where i'd like to see large volume SELL SIDE, or a bounce off the SUPPORT level, where I would look to exercise buy positionsby I3ig_Trades4
NFLX OutlookPAIR: Bullish Outlook: NFLX /Netflix Inc. has been breaking into new highs on our Weekly, Daily, and 4hr time frame. I would like to see price make a valid HL pullback followed by 1 of our Valid Engulfing Patterns while staying above the 50ema.Longby angelvalentinx2
Netflix has recorded a new ATHNetflix has recorded a new ATH. Netflix (NFLX) has been a powerhouse, reaching new all-time highs. After hitting an ATH of around $700 on November 15, 2021, the stock experienced a significant decline, bottoming out at approximately $162 on May 11, 2022. However, it has since rallied impressively, culminating in a fresh all-time high of around $710 today. For those who entered the market during the downturn, this has been a remarkable opportunity. Congratulations are certainly in order. Looking ahead, the $697 zone appears to be a strong resistance level, while $679 is likely to act as support.Shortby ForexClinikUpdated 4
Netflix has a promising future!NLFX projection show some highly probable Bullish destiny could it breakout of that channel. However as for now, there is not yet a confirmation for a trading setup.Longby Worlds_Best_Scalper3
NFLX Mean Reversion The trade is a mean reversion setup based on the $700 resistance level as well as the prior 52-week high of $697.49 that occurred on July 5th, 2024. The trade is purely based on an intraday rejection observed on the 65-minute timeframe, forming a classic "buyer's fatigue" pattern where the first 65-minute candle is above the ATR and holds strong volume, while the preceding candle still closed the previous trading session with either consolidation or a push downward, leading to a daily candle with an upper wick as seen in the current NFLX chart. The plan is to short the intraday low of $694.19, with a stop loss placed at $701.20 based on the 65-minute failed breakout close. The key levels to monitor are $700, $696.50, and $692.31, as these are likely to hold strength due to them being previous volume nodes.Shortby thinkCNE0