$NASDAQ:NFLX. After pulling back from the $1350 area, Netflix stock is testing the lower Bollinger Band (BB 20/2σ), a level that previously acted as support.
At the same time, the Stochastic Oscillator (14,1,3) is in oversold territory and starting to curl upward, suggesting a potential bullish reversal.
Trade Setup:
• Entry: $1216 (current price)
• Target: $1283–$1300
• Stop Loss: $1194 (below BB lower band)
• Risk/Reward Ratio: 1:3+
Supporting Factors:
• Technical bounce from the lower Bollinger Band
• Price approaching SMA 9 (~$1250), potential breakout level
• Fundamental catalyst: Analysts at Baird and CICC raised their price targets to $1500 and $1350 respectively. Ad revenue is projected to quadruple by the end of 2025 due to stronger content engagement.
Risks:
• Q2 report met expectations, but weak forward guidance hurt sentiment
• A break below $1190 could lead to further downside pressure
At the same time, the Stochastic Oscillator (14,1,3) is in oversold territory and starting to curl upward, suggesting a potential bullish reversal.
Trade Setup:
• Entry: $1216 (current price)
• Target: $1283–$1300
• Stop Loss: $1194 (below BB lower band)
• Risk/Reward Ratio: 1:3+
Supporting Factors:
• Technical bounce from the lower Bollinger Band
• Price approaching SMA 9 (~$1250), potential breakout level
• Fundamental catalyst: Analysts at Baird and CICC raised their price targets to $1500 and $1350 respectively. Ad revenue is projected to quadruple by the end of 2025 due to stronger content engagement.
Risks:
• Q2 report met expectations, but weak forward guidance hurt sentiment
• A break below $1190 could lead to further downside pressure
Trade chiuso: stop raggiunto
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.