Jump to content

Netflix Inc.(NFLX:NASDAQ) Elliott Wave Technical Analysis 18 January 23

Recommended Posts

NetflixInc.,Elliott Wave Technical Analysis

Netflix Inc.,(NFLX:NASDAQ): Daily Chart, 18 January 23,

NFLXStock Market Analysis:At this point I changed the count moving everything down a degree to allow for a larger correction. I still expect downside into wave {c} of B and we’ll have confirmation soon.

NFLXElliott WaveCount:WaveB of(B).

NFLXTechnical Indicators:Above alle averages

NFLXTrading Strategy:Looking forfurther confirmation to entershort.

TradingLounge Analyst: Alessio Barretta






Netflix Inc., NFLX:4-hour Chart,18 January 23,

NetflixInc.,.,Elliott Wave Technical AnalysisNFLXStock Market Analysis:As you can see the move down in potential wave {a} was a three wave move therefore we can have wave {b} breaking the top of {a}(flat correction).

NFLXElliott Wave count:Wave{b} of B.

NFLXTechnical Indicators:Above allaverages

NFLXTrading Strategy:Looking fordownside to start entering within wave {c}.



  • Like 1
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
    • Total Posts
    • Total Members
    • Most Online
      10/06/21 10:53

    Newest Member
    Joined 30/01/23 19:24
  • Posts

    • Trying to buy First Trust Nasdaq Cybersecurity ETF (CIBR) but the order keeps getting rejected, even with Order type = limit and expiry = Day (all  sessions).  Please advise.
    • @MongiIG How long does it take to reply to a simple question?
    • Look Ahead to 31/1/23: Big data from the US, China, Japan; PFE, XOM, AMD earnings Ahead of the Fed meeting and the key US jobs report, investors get set to digest retail sales numbers from Germany and Japan. Plus, look out for consumer-related data from China, France, and the US. Earnings see Pfizer (PFE), Exxon Mobil (XOM) and Advanced Micro Devices (AMD) hand in their Q4 report cards.   Angeline Ong | Presenter, Analyst and Content Editor, London | Publication date: Monday 30 January 2023        
  • Create New...