Jump to content

NetFlix Elliott Wave Analysis


Recommended Posts

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

 image.png.7a0b19e94fc97dc227775f004f5e448d.png


 

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.

 

 image.png.0fa9ed526cf23965a785a6e4d81edd73.png

Link to comment
  • 2 weeks later...

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.

  • Like 1
Link to comment
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 

Link to comment
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.

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • image.png

  • Posts

    • I've developed an initial version of a market sentiment checker, which utilizes the concept of weighted log returns to gauge the mood of the financial markets. This tool is designed to simplify the complex task of assessing market sentiment by analyzing fluctuations in price data. By applying weights to log returns, it emphasizes the significance of certain data points over others, offering a more nuanced view of market dynamics. This approach allows for a fundamental analysis of market sentiment and provides insights into the current state of the market at any given moment. It serves as a valuable tool for investors and traders looking to make informed decisions based on the underlying sentiment driving market movements. sentiment-sleuth - Github Link
    • Demo account: Please note that conditions on demo accounts may differ from real accounts. Some brokers may only provide overnight loans on real accounts and not on demo accounts.
    • Swap Rate: Check the swap rates for your open positions. Overnight loans are calculated based on the difference between the interest rates of a currency pair, and if the difference is small or negative, you will not receive a loan.
×
×
  • Create New...
us