FREE DOWNLOAD

The 5-minute mental check-in that helps you focus on the right things in trading and start winning more consistently, even if you are terrible at picking stocks!

Netflix (NFLX) is it Time to Buy this Stock? Stock Analysis

Listen to Our Podcast In Your Favorite Platform

In today’s analysis, we’ll be focusing on Netflix, a stock that has shown notable performance since mid-October. The video aims to provide insights into Netflix’s current status, highlighting key levels, resistance points, and the potential for further upward momentum.

Netflix’s Recent Performance: A Strong Upward Trend

Netflix is presented as having performed well recently, experiencing a significant uptrend since mid-October. The stock has seen a $13 increase on the day, translating to a 2.76% rise. The presenter acknowledges Netflix’s volatility and encourages viewers to request analysis on specific stocks by commenting with a single ticker symbol.

Resistance Line Analysis: Evaluating Recent Movements

The analysis introduces a resistance line that has been in place since July. The stock has approached this resistance line, experiencing moments of overbought conditions. Despite a notable pop to the upside, there was a quick rejection, testing various points before a significant sell-off. The subsequent gap up led to higher prices, reaching the previous swing point. Currently, Netflix is testing and attempting to power higher.

Volume Analysis: Positive Movements

The presenter highlights the positive aspect of volume movements within a specific zone. By observing the volume, there are indications of positive momentum. The analysis is done on a five-minute chart, focusing on recent movements and the potential for holding key levels for the day.

Historical Price Action: July Levels as Significant Zones

The video delves into the significance of July levels, emphasizing their importance in the current analysis. The July zone is described as a critical area due to its historical role as support and its connection to previous price action in 2021. The sideways action during this period is noted, contributing to the relevance of the July levels.

Future Outlook: Testing and Potential Resistance

The presenter expresses optimism about Netflix’s potential to break previous July levels, leading to further upward momentum. However, caution is advised, as the stock has already experienced a significant run to the upside. The importance of holding key levels, retesting, and pushing higher is emphasized.

Viewer Interaction: Ticker Requests and Website Plug

Encouraging viewer interaction, the presenter invites comments with single ticker symbols for future analyses. A brief plug for the website is included, highlighting the availability of freebies, including cheat sheets and courses.

Closing Remarks: Appreciation and Future Updates

The video concludes with a thank-you message for viewers and an expression of appreciation. The presenter invites viewers to check out the website for additional resources and promises future updates in upcoming videos.

In summary, the analysis provides a comprehensive overview of Netflix’s recent performance, emphasizing key levels, resistance points, and the significance of historical price action. The presenter maintains an optimistic outlook while cautioning viewers about potential challenges in maintaining upward momentum.

In this class we will focus at looking at the technicals, learning about charts, how to check for support resistance, strength of the move, indicators, understanding price movements, ABCD patterns, and more! Ready to take your technical analysis to the next level? ​

In this live class, you will learn the right way to trade single options. You will learn how to choose which single options to buy, how to reduce the theta problem, and how to create a rocket strategy to trading single options.

If you wanted to learn the ins and outs to adjusting options, this session will go in detail about how to adjust your options trades. We will cover different ways to adjust, how to adjust, different methods, pros and cons, and what to do as positions go against you.

Ready to Learn Profitable

Strategies to Trade Stocks?

If you are serious to learn how to trade stocks more profitably, make more money, and trade with confidence...

Then sign up to get our free educational videos!

FREE NEWSLETTER

Get Access to All Secret Files & Libraries for FREE!

To get access to all of my freebies, enter your email below & I will send you a list of all my freebies!

ALL FREEBIES

4575

BUYING OR BUILDING A

TRADING COMPUTER

In this FREE video series we cover exactly what kind of trading computer or workstation you should buy or build. From the number of monitors to the processor and more! 

FREE MINI COURSE

Reaching $1,000,000
in The Stock Market!

Want to see for yourself how long it will take you to reach $1,000,000 based on your personal return? Then download my Excel cheatsheet for FREE to see and play with the numbers!

FREE SPREADSHEET

5 DIFFERENT IRON

CONDOR SETUPS

In this free video, I'll show you 5 powerful iron condor setups & strategies you can use!

FREE VIDEO

FREE 20 MIN CALL WITH SASHA

Want to work with Sasha for 3+ months & learn how to trade options the right way?

DISCOVERY CALL!

To get started, enter your email address and we will send you details on how to book your session!

NEW TO OPTIONS TRADING?

Unlock the World of Trading Options in just 4 Weeks, with our FREE Options Trading

for Beginners Mini Course.

FREE MINI COURSE

HOW TO SELL

OPTION PUTS

Maximize your profits by mastering the art of selling option puts with our free mini course!

FREE MINI COURSE!

How to Trade

Covered Calls

Learn how to make Weekly and Monthly Income by Trading Covered Calls, with our new mini-course!

FREE MINI COURSE!

OPTION TRADING GEEKS CHEATSHEET

Download my options greeks worksheet and I will also send you 6+ other freebies as well!

Enter your email below to get the secret link.

3 POWERFUL OPTION

VERTICAL STRATEGIES

Discover 3 super powerful vertical

strategies & how to set them up!

FREE VIDEO

THINKORSWIM

OPTIONS PLATFORM

Learn to see how I personally use the ThinkorSwim platform to trading options and what are some of the tips and tricks to using this platform efficiently!

VIDEO TRAINING

Top 15 Dividend Stocks for Retirement in 2023

Download our list of the best stocks for retirement. Simply enter your email address below to get the PDF!

HOW TO FIND

HOT STOCKS!

Get the free checklist to help you find

the best stocks to trade, quick & easy!

FREE CHECKLIST

4608

OPTION STRATEGIES

Enter your email address below and get access to our video strategy session on 25+ option strategies and how to set them up!

25