Netflix
NETFLIX - Distribution nears completion?1. A buying climax with spike of supply stopped the up move in Jul 2020.
2. Gap down with huge supply reacting the earning created a supply zone.
3. Decreasing of supply together with the volatility till Aug 2020 cause a rally to test the resistance created by the buying climax.
4. Big bullish bar with spike of volume (with increasing supply) failed to touch the high at 574, suggested selling into strength. Subsequent down swing tested the support with increasing supply.
5. The next rally up only created an up thrust (false breakout) of the previous swing high at 557.
6. Gap down with huge supply.
7. Another attempt to rally with increasing volume but failed right at the next bar could suggest last point of supply before marking down.
Notice the supply zone at 2, 4, 6 & 7 posted strong resistance. To violate the bearish scenario, NFLX needs to commit above 525. A break below support at 466 would see NFLX finding support at 410-420.
Netflix looking weak? That has not happened in a long timeNetflix for the first time in a while, is just looking pretty weak. It is below its 50-day moving average AND its 100-day moving average. It looks toppy as well, almost as if a double top has formed. I think Netflix is a great company that has done a lot to change the world around content. I also though find its recent slump to be interesting.
First of all, Netflix has lead this market higher for a long time. The so-called FANG trade has be talked about for years. Netflix has been a leader and started the content movement, especially to the cloud and new on-demand TV model. With that being said, when a stock like this gets weak, it's time to pay attention.
First of all, what could be happening? Is their subscriber growth not happening as fast as expected? Did their recent price hike show what the next steps are? I.e. as subscriber growth slows they have to hike prices? This will be really interesting to watch and could be a barometer for the entire big tech market. Especially in the momentum side of the market.
Going forward, I have no trade on, and so I am just brainstorming and sharing my thoughts. However, I think the 50-day and 100-day moving average show the trend is weakening and possibly rolling over. How strong of hands do Netflix longs have? Have they no already had an amazing run for a company worth over $200 billion? Let's wait and see. I'm watching.
Netflix correctional moveHello traders and analysts,
Here is a view of Netflix, while alot of people are currently restricted to access in the outside world, content is being pushed to online platforms but without an abundance of new content to be completed and provided - re-runs and previous fan favourites will suffice? or will it?
Will people scale back on entertainment where people may have lost their jobs or look for an alternate source? e.g. streaming, youtube etc.
The chart shows us:
Maxed out weekly, monthly tops
We are now in a weekly trading range - but price has shown a gap formation which has been added to outflows with the Nas100 outflows also.
With the election looming - it is a good opportunity here to take profits and cover profits with short positions
Trade:
We will look for the least path of resistance when trading, meaning the highest probability the price shows a sign of falling.
Keep in mind both scenarios
1. - buy from $440 correction
2. sell to $360 zone
3. Sell to $440 and buy in - with confirmation this structure will not break..
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Netflix path and direction ..Overvalued or Election ?!Hello everyone
This is my Netflix idea for Daily time frame
watch key notes for more detail on chart
for any question feel free to ask :) good luck
Note: Netflix has broken all important Support
I wouldn't be a buyer until we see if we can build a bottom around 200 EMA zone
good luck
$NFLX Assassins Creed series coming!Hi guys!
Netflix and Ubisoft have partnered to produce the Assassins Creed series.
Ubisoft has more than 140M copies of AC games sold, 95M of which are unique. Ubisoft also reported that 3 of the top games that have over 10 million copies sold out Worldwide are AC Series - Assassins Creed: Origins, Assassins Creed: Odyssey, Assassins Creed: Unity.
For Netflix that means more or less +140M subscribers, higher revenue.
Netflix Inc. analysis📈NFLX LONG D1
🛒BUY above = 494.30
🎯Target1 = 503.70
🎯Target2 = 509.50
🎯Target2 = 518.95
🛑Trailing Stop loss = 479
❌Cancel trade = 479
🙈Recommended risk = 1-2%
#NFLX #NFLXLONG #BUYNFLX
📉NFLX SHORT D1
🛒SELL BELOW = 479
🎯Target1 = 467.85
🎯Target2 = 460.95
🎯Target3 =
🛑Trailing Stop loss = 494.95
❌Cancel trade = 494.95
🙈Recommended risk = 3-5%
#NFLXSHORT #NFLXSELL
Lateral range, waiting for breakout up .𝐇𝐞𝐥𝐥𝐨 𝐟𝐫𝐢𝐞𝐧𝐝𝐬 ,
As usual, today I want to analyze another graph and explain it to you in a very easy way.
Look at the $NFLX (Netflix, Inc.) chart.
𝐇𝐨𝐰 𝐭𝐨 𝐟𝐢𝐧𝐝 𝐬𝐭𝐫𝐨𝐧𝐠 𝐬𝐮𝐩𝐩𝐨𝐫𝐭?
▶️𝐀𝐫𝐞𝐚𝐬 𝐰𝐡𝐞𝐫𝐞 𝐭𝐡𝐞 𝐩𝐫𝐢𝐜𝐞 𝐟𝐚𝐢𝐥𝐬 𝐭𝐨 𝐛𝐫𝐞𝐚𝐤 𝐬𝐭𝐫𝐨𝐧𝐠𝐥𝐲 𝐚𝐧𝐝 𝐫𝐞𝐛𝐨𝐮𝐧𝐝𝐬 𝐬𝐭𝐫𝐨𝐧𝐠𝐥𝐲.
After several attempts, in July he manages to break the level 467.10.
Since July until now, it has returned to this level on several occasions without being able to break it with force. Whenever the price approaches the same line several times without being able to break and encountering a lot of resistance and bouncing back strongly, it is considered to be a strong support.
𝐇𝐨𝐰 𝐭𝐨 𝐟𝐢𝐧𝐝 𝐚 𝐬𝐭𝐫𝐨𝐧𝐠 𝐫𝐞𝐬𝐢𝐬𝐭𝐚𝐧𝐜𝐞?
▶️𝐓𝐡𝐞 𝐬𝐚𝐦𝐞 𝐬𝐭𝐨𝐫𝐲 𝐚𝐬 𝐭𝐡𝐞 𝐬𝐭𝐫𝐨𝐧𝐠 𝐬𝐮𝐩𝐩𝐨𝐫𝐭 𝐛𝐮𝐭 𝐨𝐧 𝐭𝐡𝐞 𝐭𝐨𝐩.
At the top of the rectangle, the same story happens as below. The price tries to break 3 times these level, encountering a lot of resistance and the price returning strongly downwards.
𝐖𝐡𝐚𝐭 𝐢𝐬 𝐥𝐚𝐭𝐞𝐫𝐚𝐥 𝐫𝐚𝐧𝐠𝐞?
▶️𝐏𝐞𝐫𝐢𝐨𝐝 𝐨𝐟 𝐭𝐢𝐦𝐞, 𝐭𝐡𝐚𝐭 𝐭𝐡𝐞 𝐩𝐫𝐢𝐜𝐞 𝐦𝐨𝐯𝐞𝐬 𝐛𝐞𝐭𝐰𝐞𝐞𝐧 𝟐 𝐥𝐞𝐯𝐞𝐥𝐬 𝐰𝐢𝐭𝐡𝐨𝐮𝐭 𝐛𝐫𝐞𝐚𝐤𝐢𝐧𝐠 𝐚𝐧𝐲 𝐨𝐟 𝐭𝐡𝐞 𝟐 𝐥𝐞𝐯𝐞𝐥𝐬.
Well, this in trading is recognized as lateral range, it is dead time where strong hands position themselves and wait for the next move.
Normally after the lateral range, the price follows the same trend as before the lateral moment
𝐓𝐡𝐞𝐫𝐞 𝐚𝐫𝐞 𝟑 𝐩𝐨𝐬𝐬𝐢𝐛𝐢𝐥𝐢𝐭𝐢𝐞𝐬 𝐟𝐨𝐫 𝐦𝐲 𝐭𝐫𝐚𝐝𝐢𝐧𝐠 :
1. So as long as it does not break the 467.10 support with force, that level is perfect for a buy position to go long, selling the position at the top of the rectangle.
2. Another scenario is to buy at the bottom of the rectangle and hold it until it breaks the top and sell at the next resistance that i mark in the graph. (𝟔𝟓𝟎.𝟒𝟔)
3. The third scenario is that it breaks the 467.10 support forcefully and then we should go short and accompany the price to the next support (𝟑𝟗𝟗.𝟓𝟖) .
𝐈 𝐡𝐨𝐩𝐞 𝐲𝐨𝐮 𝐡𝐚𝐯𝐞 𝐥𝐞𝐚𝐫𝐧𝐞𝐝 𝐬𝐨𝐦𝐞𝐭𝐡𝐢𝐧𝐠 𝐧𝐞𝐰, 𝐚𝐧𝐝 𝐢𝐟 𝐬𝐨 𝐈 𝐰𝐨𝐮𝐥𝐝 𝐥𝐢𝐤𝐞 𝐲𝐨𝐮 𝐭𝐨 𝐚𝐩𝐩𝐫𝐞𝐜𝐢𝐚𝐭𝐞 𝐢𝐭 𝐨𝐫 𝐥𝐞𝐚𝐯𝐞 𝐚 𝐜𝐨𝐦𝐦𝐞𝐧𝐭. 𝐓𝐡𝐢𝐬 𝐰𝐢𝐥𝐥 𝐦𝐨𝐭𝐢𝐯𝐚𝐭𝐞 𝐦𝐞 𝐭𝐨 𝐭𝐞𝐚𝐜𝐡 𝐦𝐨𝐫𝐞 𝐭𝐡𝐢𝐧𝐠𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐟𝐮𝐭𝐮𝐫𝐞.
Netflix ER Run upNetflix 4hr Time frame, Formed a double top but with earning coming up in 2 days will Netflix bullish power push it through ath resistance, Im hoping to see some bullish movement Monday, looking to see a bounce off $529.16 (.618 FIB) to retest ath or we could make our way down to that white support trend line and bounce. Break under that support trend line we will see an overall move down to $471. Possible short opportunity if NFLX runs up to $572 and looking to find some lottery plays for NFLX Earnings.
The 5 Biggest Trading MistakesSo let’s talk about the five biggest trading mistakes that cause traders to lose money. And one of them is the account killer that I’m saving for last.
When you are trading, you need to have a trading strategy. You already know this, this is nothing new.
The 3 Key Elements To Every Trading Strategy
There are three key elements to every single trading strategy.
What to trade
First of all, a trading strategy tells you what to trade, right?
I mean, what stock or what options should you trade? What expiration? What strike price? So this is very important.
And as you know, I’m using my software PowerX Optimizer to find the best stocks and options to trade.
When to enter
Number two, a trading strategy, whatever trading strategy it is, has to tell you exactly when to enter.
When exactly should you buy or sell an instrument? Whether it is a stock or an option, it doesn’t really matter.
When to exit
Now, element number three is when to exit. Super important here and when we talk about exiting, there’s two ways to exit, right?
So we can either exit with a profit and if this happens, then yay, this is good, right? Or losses are part of our business as a trader.
So sometimes we have to exit with a loss. And of course, nobody likes it, but it’s part of trading.
So the key here is that you have to keep your losses small, right?
Anyhow, this is just a brief recap. These are the three major elements that every good trading strategy needs.
So let’s talk about the five biggest trading mistakes, especially considering that these are the things.
Trading Mistake #5
Trading mistake number five is trading the wrong stock or option.
What do I mean by this?
Trading the wrong stock or option means that you picked a stock and it is just diddling around while everything is taking off, right?
It happens. And this is where often I see that many traders are picking stocks based on news, right?
They hear, for example, “Tesla is making new all time highs.” “Amazon is making new all time highs.” Netflix, or Nio, the Tesla of China, right?
And then they’re jumping in and realize, “Oh, this is not going anywhere,” or it is going down.
So trading mistake number five, trading the wrong stock or option.
Trading Mistake #4
The next trading mistake is entering too early.
Has this ever happened to you that you were kind of right about the stock, but you entered way too early?
Let me give you a very specific example. Because right now, as we are still in this pandemic, the airlines have been one of the industries hit the hardest.
So you might say at this point, “Yeah, you know what? This is a good point to enter because airlines will go up again. People will travel again.” Right?
And so you might enter there or you might actually say, “Oh, this didn’t work. Let’s enter here as there at $10.”
Then they do in fact move up and you think, “Yay, I timed right.” But then it’s again coming down.
Has this ever happened to you that you entered a trade way too early before you should have happened it?
Now, especially if you are a PowerX Optimizer user, you know that with PowerX Optimizer and the PowerX Strategy you need to wait until it goes above a certain level.
Has it ever happened to you that you jumped into a trade before it actually went to the level? Probably, yes.
Trading Mistake #3
Let’s talk about trading mistake number three, and this is entering too late.
Let’s use Netflix for example.
When do most people enter Netflix? Traders like you and I, we are way smarter, right?
But many are entering it when it says, oh, it’s going through a key level, like $500.
And they say, “Oh, my gosh. Netflix is going above $500. I need to buy it right now.”
And what happens after it went through a key level? It comes down again.
Also, often when stocks make a new all time high, this is when many traders are getting interested in this.
Might not happen to you, but, hey, based on what I see of why people are losing money, is because they’re entering too late after a move has already taken place.
Trading Mistake #2
Let’s talk about trading mistake number two.
And again, all of this is connected to your trading strategy, because when you have a trading strategy, you have just these three major elements here.
So another trading mistake is taking profits too early.
Has this ever happened to you that you got out of a trade too early?
That you saw some profits and you were so excited, “Oh, my gosh, it was moving up.”
And you took the money off the table and realized, “Oh, my gosh, I did it way too early!” and the stock just keeps going higher and higher and you would have made so much more money if you had stayed in.
Let me just ask you, do any of these four trading mistakes resonate with you thus far?
Just let me know in the comments if you made any of these four trading mistakes and then I’m going to tell you the number one mistake.
The Trading Account Killer
This here, this mistake is the trading account killer. What is it? What is the number one trading mistake that kills accounts?
It’s not getting out of losing trades.
Here’s the deal. This is why it is so important. You’ve got to know that this is what will kill your account.
Can the other mistakes kill your account?
Let’s talk about the other trading mistakes.
Trading the wrong stock
What happens when you’re trading the wrong stock? This could be a technical error. For example, I wanted to enter AAL and I accidentally typed in ALL.
So it could be technical, or you just made a wrong choice, you traded the wrong stock.
But that is not killing your account. When you realize you made a technical mistake, you get out of this as quickly as possible.
Entering too early
Now entering too early. Does this kill your account? No. All that happens is that you’re missing out on some of the profits because you’re getting into a stock that is not yet moving.
I like to trade according to the PowerX Strategy. I want to wait until I see that the stock made a move and then I’m jumping in while the move gets momentum.
So this is why the PowerX strategy is called momentum trading. But anyhow, does this entering too early kill an account? No, it does not.
Entering too late
Now entering too late. This is a problem because this is where if you are entering close to the top, you might enter right before a stock turns around.
Now, here’s the good news. As you know, when we’re talking about a trading strategy here, when to exit, I like to work with profit targets.
So I know exactly when I’m taking profits before I even enter a trade. And in order to keep my losses small I work with stop losses.
And a stop loss, I set at 2% of my account. So I never risk more than 2% of my account on any given trade.
This means that if I have a $10,000 account, I would risk $200. If I had a $20,000 account, I would risk $400, making sense? OK.
So as you can see, if you are entering too late and you see, “Oh my gosh, the stock turns around,” you just get out of here.
Taking profits too early
Now taking profits too early, can this shred your account into pieces?
No, because keep this in mind, nobody ever got broke taking profits.
Why is not getting out of losing trades the #1 trading mistake?
Think about it. Has this ever happened to you? It happened to me in the beginning of my trading career.
In the beginning of my trading career I was trading bonds and I was bullish on bonds. I was convinced that they were just going up forever.
And they didn’t, they came back and I just had an opinion. I just thought, you know what? No, these bonds will keep going up.
Have you ever had a stock like this where you entered, and after you entered, it approaches your stop loss, but as it approaches your stop loss, you take the stop loss out of the market and then it keeps going down.
And the $200 loss turns into a $300, $400 loss, and then into a $1,000 loss, then a $2,000 loss.
So what should have been a stop loss turns into a larger loss. This is what I’ve seen over and over that is killing accounts.
Accounts are not getting killed because you’re trading the wrong stock or because you’re entering too early or too late. Accounts are not getting shredded into pieces because you are taking profits too early.
But if you hold onto a losing trade for too long, this is the number one account killer. That is for sure, so keep this in mind.
Trading mistakes will happen
There are trading mistakes that will happen. These are the big five. Of course, there’s more trading mistakes.
You could, for example, go long when you intended to go short, or accidentally buy 1,000 shares when you only wanted to buy 100 shares.
It’s also possible to accidentally buy 10 options when you only wanted to buy one.
Keep this in mind, this will help you, when you make a mistake, liquidate.
What does this mean? As soon as you realize that you made a mistake don’t hope that the market turns around, don’t hope that it gets better.
Get out of this. Even if you get out of this with a small loss, right? This is how your account stays alive.
And yes, losses are part of our business. As a trader, you will experience losses. The key is really here to keep your losses small.
Recently traders have experienced more losses than usual because the markets have just been whipsawing, they’ve been going around.
And one of the biggest mistakes that you could make is saying, “I don’t want to exit the trade because I don’t want to have another losing trade.”
Trust me on this one, if you don’t take a loss when it is small, you will have to take a loss when it is bigger.
Yes, of course, every now and then you might get lucky and the stock turns around.
But let me ask you, when you held onto a losing trade for too long, did it turn into a winning trade?
Sometimes it does, more often than this, it does not.
Summary
So these are the five mistakes. And the number one thing that I want you to take from this is:
Get out of a losing trade when you see that your stop loss is hit. Have a stop loss, keep your losses small, and cut your losses short.
This way you stay alive and then can benefit from the large move that will happen in the market.
I hope that you enjoyed this article. If you did, do me a favor and leave a comment below or share it with anyone who might need to hear this, who might have experienced a larger loss.
NETFLIX INC Stock buy opportunity , signal buy NFLX
this market will experience an acceleration upwards signifies an upward trend, it will experience a strong breakout of the VWAP with the high volume that has been recorded and it means that the buyers have entered the markets therefore a buying opportunity.
this situation expresses the wonderful opportunity to buy Netflix
if you agree with me do a like and you liked my analysis liked it and comment for encouragement