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
  • General Statistics

    • Total Topics
      20,143
    • Total Posts
      88,263
    • Total Members
      69,127
    • Most Online
      7,522
      10/06/21 10:53

    Newest Member
    NBB
    Joined 06/10/22 20:50
  • Posts

    • US Stocks: AAPL, AMZN, NVDA, TSLA, GOOGL, BRK.B, SQ, META, NFLX, ENPH, MSFT, BAC, JPM. Elliott Wave  SP500 US Stock Bear Market: AMZN, AAPL, NVDA, TSLA, GOOGL, BRK.B, SQ, META, NFLX, ENPH, MSFT, BAC, JPM, GS. Elliott Wave Technical Analysis  Stock Market News: The nonfarm payrolls on Friday, but more importantly would be the CPI on the 13th Oct as the Feds are firmly focused on Inflation. Stock Market Summary Elliott Wave Count: Tracking two different Elliott Wave counts. Analysis US Stocks: Tesla TSLA, Amazon AMZN, Nvidia (NVDA), Apple AAPL, Microsoft MSFT, Berkshire Hathaway (BRK/B), Block, Inc (SQ), Meta Platforms, Netflix (NFLX), Enphase (ENPH), Alphabet GOOGL. XFL Finance Sector ETF, JPMorgan JPM & Bank of America BAC, Goldman Sachs Group Inc (GS) Stock Market Trading strategies: The risk reward is not there, so no trading strategy Video Chapters 00:00 SP500 09:06 Apple (AAPL) 12:58 NVIDIA (NVDA) 14:12 Amazon (AMZN) 16:07 Meta Platforms (META) 18;20 Netflix (NFLX)  19:12 Enphase (ENPH) 21:34 Tesla (TSLA) 28:09 Alphabet (GOOGL)  29:09 Microsoft (MSFT) 30:03 Berkshire Hathaway (BRK.B) 31:56 Block Inc. (SQ)  34:01 Banks JPM, GS 37:58 End. Thanks for supporting! Analyst Peter Mathers TradingLounge™ Australian Financial Services Licence - AFSL 317817 Source: tradinglounge com      
    • Why is this stock unavailable to open for non-Pro clients? Surely a fund is less risky than an individual stock.
    • Hi @Kgrp74 Thank you for reaching out.  HMRC rules don't allow you to hold foreign currency in an ISA, but you can still buy international shares. The gains on currency conversions are only seen and credited in the account once you sell the shares if the currency rate is favorable to you. We also have to consider the 0.5% spread added to the exchange rate and commission charges which would normally offset your profits.  Thanks, OfentseIG
×
×
  • Create New...