NETFLIX – Disappointment vs Hope…

NETFLIX  –   Back Today on ATA Research Radar 

 

ATA Continuation of…

24.04.2019 –  NETFLIX – Risk of Movie End…

18.07.2019 –  NETFLIX – ” That’s All Folks “…

 

NETFLIX  Main Motives 

Global net adds of 2.7 Million, well below Guidance of 5 Million

Lost more than 100,000 Subscribers in the U.S. It was expected to Gain over 300,000

vs

Netflix  Big Push into India

Netflix adds mobile-only plan in India

&

Nasdaq  –   July All Time High 

vs

NETFLIX   after Earnings 

still No New Top  on  Nasdaq Bull Market Euphory 

Present P/E  132.20  vs  Forward  P/E  59.01

P/BV  24.08

 

Netflix - 2

 

First…ATA  from  18.07.2019

” Main Resistance Zone

390 – 423-25 USD  – Top Zone

Psychological  Master Key Level 400 USD 

vs

Main Support Zone

340 USD ( Last May 2019 Low )

300 USD  ( 2-nd Rising Trendline )

230 USD ( December 2018 Low )  ”

 

 

Second…Present  NETFLIX  Situation 

NETFLIX  LONG TERM  SITUATION 

ATA MARKET MODEL  IN LONG TERM ACTION  

 

ATA MIND OVER MARKETS

Follow the Trendlines  Not the Headlines 

 

ATA MARKET MODEL : 

First…Market Motive…

Second…Market Technical  Pattern…

 

First…Key Motives

above in this text…

 

Second…Market Technical Patterns

Monthly View 

First of All

Risk Off Pattern – M or 2B 

Key Levels  Top Zone 390 – 423-25 USD

vs

Risk On Pattern – Invert H&S

Neckline -Key Level  365  USD

&

Two Long Term Rising Trend Channels 

First starts from 2003 Year

Second from 2014 Year

with

MACD Monthly 

still Active Sell Signal  Negative Divergence 

vs

Now Back Under Key Monthly MA

 

Daily View 

Bearish  Gap

MACD Daily Sell Signal 

vs

FIB RET  Last  Rising Wave 

 

NETFLIX 

Main Resistance Zone

390 – 423-25 USD  – Top Zone

Psychological  Master Key Levels 400 & 350 USD 

365 USD –  Neckline Invert H&S

340 USD ( Last May 2019 Low )

vs

Main Support Zone

300 USD  ( 2-nd Rising Trendline )

230 USD ( December 2018 Low )

Psychological Key Level 300 USD 

 

 

ATA Investment Conclusion

Special Focus on

NETFLIX  Smart Money Battlefield  

400 – 365-50-40   vs   300  – 230  USD 

with

FIB RET Zones 

&

SM Reaction on 

FED Meeting & Verdict  – 31 July 

Finally – EOM – July 

 

 

never forget

Chart is More Important than 1000 Words…

&

Most Important s Final Smart money Reaction…

EOM – July

 

for Now…

still Rising Probability of…

NETFLIX  Shot Down  Scenario…

so

Special Focus on

All FIB RET 

with

230 USD ( December 2018 Low )

 

 

Netflix  Monthly Charts :

24.04.2019

Netflix - M - Line log

Netflix - M - Line log - Focus

Netflix - M - Line

17.07.2019

Netflix - M - Line log

Netflix - M - Line log - Focus

Netflix - M - Line

Netflix - M - Fib Ret

 

Netflix  Monthly & Daily Charts :

26.07.2019

Netflix - M - Line log

Netflix - M - Line log - Focus

Netflix - M - Line

Netflix - M - Fib Ret

Netflix - D - Fib Ret

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