NetFlix Elliott Wave Analysis

[tradinglounge]

Netflix Inc., Elliott Wave Technical Analysis

Netflix Inc., (NFLX:NASDAQ): Daily Chart, August 10, 2022, 
NFLXStock Market AnalysisLooking for a potential ending diagonal in wave {c} of A to be near completion. Ideally we want to see a strong move lower in the following days to confirm the analysis.

NFLX Elliott Wave count:  Wave {c} of A.
NFLXTrading Strategy: wait for the initial move down in wave {a} of B to then look for additional downside.

NFLXTechnical Indicators: We are well below the 200 EMA as well as we are forming beairhs divergence on the RSI.

TradingLounge Analyst: Alessio Barretta

 

 

Netflix Inc. NFLX: 4-hour Chart, August 102022, 

Netflix Inc., Elliott Wave Technical Analysis

NFLX Stock Market Analysis: Looking for downside to come soon, we would like to see the 220$ are being broken as that would provide additional confirmation.

NFLXElliott Wave count:  Wave {c} of A.
NFLX Technical Indicators: We are close to the 200 EMA but still below. That could act as resistance and drive price lower.

NFLXTrading Strategy: Looking for a break of the 220$ are to have additional confirmation.

 

 

[tradinglounge]

Apologies for posting stocks in the fx section  Rgds Pete : )) 

[tradinglounge]

repeat

Edited August 12, 2022 by tradinglounge

[Naoto]

Well it is something that we can all agree with at this point, and you should know that better by now. However, how do you plan to solve that wave analysis then? We can all agree that it is something the same as if you are going for more a same wavelength like a site for Tsars then I think it would be efficient enough to consider the fact that it is even able to lead us straight and true when it comes to the fact that it is very helpful for all of us to consider how it is said or done for us to begin with if you are gonna ask me.

[evelinchamplin034]

On 23/08/2022 at 14:53, Naoto said:

Well it is something that we can all agree with at this point, and you should know that better by now. However, how do you plan to solve that wave analysis then? We can all agree that it is something the same as if you are going for more a same wavelength like a site for Tsars then I think it would be efficient enough to consider the fact that it is even able to lead us straight and true when it comes to the fact that it is very helpful for all of us to consider how it is said or done for us to begin with if you are gonna ask me.

Well I guess everything at this point is very volatile, but pretty much that is the situation for since eveything has now gone digital 

[Naoto]

On 25/08/2022 at 09:40, evelinchamplin034 said:

Well I guess everything at this point is very volatile, but pretty much that is the situation for since eveything has now gone digital 

Agreed! hoping that they make NetFlix Elliott Wave stable in the near future.

Anyways, you might as well check out tsars if you want to gamble some of your savings. just a try heheeh.