Netflix (NFLX) – Technical Analysis (4H Chart)
Market Structure & Trend
- NFLX has been in a strong uptrend, with a significant rally from late 2024 into early 2025.
- After reaching a recent high, the stock experienced a pullback, currently testing a key Point of Interest (POI) around the $900 - $930 support zone.
- Price action shows consolidation within this demand zone, indicating potential accumulation before the next move.
Key Levels & Price Action
-Support Zone (POI): The green highlighted area represents a critical support region. If price holds and buyers step in, a bullish reversal is likely.
- Target Area (Resistance): The red line at $1,059.51 represents a key resistance level and the next potential upside target.
- Bullish Scenario: A bounce from the POI zone could initiate a rally toward the $1,059 resistance.
- Bearish Scenario: A breakdown below the POI could invalidate the bullish setup, potentially leading to further downside.
Forecast & Strategy
- Entry Strategy: A confirmation of support at the POI could provide a strong long entry with a stop-loss below the zone.
- Profit Target: The first target would be $1,000, with a final target at $1,059.
- Risk Management: A break below the support zone could signal weakness, requiring a reassessment of the bullish bias.
Conclusion
NFLX is at a critical juncture. If buyers defend the current support zone, the stock could resume its uptrend toward new highs. Traders should watch for bullish confirmation before entering long positions. A break below support, however, may shift momentum bearish.
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Market Structure & Trend
- NFLX has been in a strong uptrend, with a significant rally from late 2024 into early 2025.
- After reaching a recent high, the stock experienced a pullback, currently testing a key Point of Interest (POI) around the $900 - $930 support zone.
- Price action shows consolidation within this demand zone, indicating potential accumulation before the next move.
Key Levels & Price Action
-Support Zone (POI): The green highlighted area represents a critical support region. If price holds and buyers step in, a bullish reversal is likely.
- Target Area (Resistance): The red line at $1,059.51 represents a key resistance level and the next potential upside target.
- Bullish Scenario: A bounce from the POI zone could initiate a rally toward the $1,059 resistance.
- Bearish Scenario: A breakdown below the POI could invalidate the bullish setup, potentially leading to further downside.
Forecast & Strategy
- Entry Strategy: A confirmation of support at the POI could provide a strong long entry with a stop-loss below the zone.
- Profit Target: The first target would be $1,000, with a final target at $1,059.
- Risk Management: A break below the support zone could signal weakness, requiring a reassessment of the bullish bias.
Conclusion
NFLX is at a critical juncture. If buyers defend the current support zone, the stock could resume its uptrend toward new highs. Traders should watch for bullish confirmation before entering long positions. A break below support, however, may shift momentum bearish.
If you enjoy, press the like button.
Ordine annullato
price didn't gave any sign of bullish .
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Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.