Nflxlong
NFLX mayb dub city :|Breakout maybe?
Close to potential support + EMA indicators good = breakout NASDAQ:NFLX
NFLX Bullish triangle pattern (Trade Update) NFLX Bullish triangle pattern complete targeting wave (5) upside that may reach 4056. The immediate rally should reach initial target of 3540 and then 4056. Look to establish bullish positions like a vertical on AMZN. Wave count invalidation at 2816.
Yesterday I said very good to buyi'm saying this again. It is still good for the buy. Because it is going to in uptrend channel again. And earnings will support this stock for break the supply zone.
Nflx is the buy right nowearnings will be beaten because of the covid restrictions. And very close to the strong supports, like 200 day ma and supply zone.
VERY GOOD OPPORTUNITY TO BUY Now nflx is the bottom of the channel, it might go for 600 next weeks. If it broke the channel (which i'm not expect that) can go down.
📺 NFLX (12/29)-(12/15) Trade Plan 📺 Trade Safe. Remember to set SL's, leaning on bullish above 515's.
Long Holding Above 517.80's
🔸 Conservative 523-524
🔸 PT 526-527
🔸 Ideal PT 530-532
Short Breaking Below 515.35
🔸 Conservative PT 513.30-512.11
🔸 PT 510-511
🔸 PT 507.54-507
🔸 Ideal PT 504.75-500.12
NFLX Cup and HandleNFLX has been in a range for some time, but a very clear C&H is developing. Today's candle with a long lower shadow and support at the 21 EMA. Confirmation for me is a break of the handle with a significant amount of volume (at least 1x Relative Volume). Measurements on the chart for the move. Let me know your thoughts!!!
Netflix: Range.A breakout of the resistance level around 575 may lead to an increase in the price to the 690 area.
NFLX Long/Short?NFLX been having the same pattern for a long while now. But let the market pick the direction before entering a trade.
Bullish over 509, PT 520-525
Bearish under 491, PT 478.43-470
Still stuck in that channel wait for a break of the purple trendline for long, grey trendline for short. Also its tricky with vaccine and stim news. Who cares about NFLX now?!
NFLX Consolidation pattern looking for breakoutNFLX long consolidation pattern started July is suggesting a breakout that could take us higher into wave iii upside target that might reach 640-650. Note that Consolidation started in July through Nov is now showing signs of a breakout. Looking to establish longs with stop level at 464.
NFLX UpdateI took a starter position at the retest of 477.50 and added on the STRONG bounce off the purple trendline.
Expecting to see 500-505 this week. And possibly 520 if we get news/catalysts.
NFLX has been following the same pattern the last 3 months. I'd say this is one of the slow steady plays, i recommend going with spreads or contracts with further out expiration to avoid time decay.
Scale in on support, scale out on runs!
NFLX AnalysisBeautiful setup on NFLX!
Ideal entry: 477.50 OR purple trendline
1st PT (safe exit): 505
2nd PT: 520
Final PT: 560 OR blue trendline OR ATH
I expect NFLX to reach ATHs by the end of Nov.
The best part about nflx is that it's lockdown proof. Meaning with a bullish market nflx goes up, even with bad covid news nflx still goes up.
NFLX , NETFLIX INC , Buy in half an hour from now !!As i explained : After the downturn it witnessed... it will now see a big upsurge from now!!
We also know that this stock descended after it unloaded what weighed it .. and now it will ascend again!!
take a chance !!
NFLX LongPrice has broken out of long term monthly chart after 2 years of consolidation. Long term buy @ market with target of 600
NFLX Long 4:1 R:RNFLX is at support, which has held a few times already.
Although the recent news about Pfizer's vaccine had a negative impact, the company did benefit from subscriber growth during the pandemic and is in overall a good spot.
I see this trade as worth taking, considering the R:R ratio but will nevertheless be cautious, as tech might continue to trend down heavily duo to the vaccine news.
