Netflix #DAX #DOW Almost grudgingly, we access this lot just for two series; The witty “Good Place” and the new “Star Trek” TV show, two different types of hell for most folk. We must concede #Netflix share price appears to be improving, along with its content and as the US earnings season approaches, it’s worthy of a glance.
The immediate picture is fairly tame with movement above 322 entering a logical cycle to an initial 351. As the chart illustrates, this donks against the downtrend since July last year. Our secondary, should the price manage to actually close above BLUE (just 352 at present) comes in at 425 though we must admit, with positive news, the share could easily accelerate to 535 and a new all time high.
If trouble is planned, the price requires break RED on the chart (231 at present). Such a calamity, while visually unlikely, risks reversal sharply down to an initial 193. Worse, if broken, bottom calculates at a very messy 139, a point where it almost must bounce.
Of course, there’s always a risk we’re influenced by Netflix’ decision to produce another show, Lucifer, which was in danger of vanishing. As can be safely guessed by a list of telly favourites, entertainment isn’t taken too seriously amongst the folk at T&T.
|
Time Issued |
Market |
Price At Issue |
Short Entry |
Fast Exit |
Slow Exit |
Stop |
Long Entry |
Fast Exit |
Slow Exit |
Stop |
Prior |
|
10:10:13PM |
BRENT |
58.73 |
|||||||||
|
10:11:57PM |
GOLD |
1285.71 |
Success |
||||||||
|
10:46:38PM |
FTSE |
6887 |
Success |
||||||||
|
10:49:18PM |
FRANCE |
4786.2 |
‘cess |
||||||||
|
10:51:41PM |
GERMANY |
10838.26 |
10675 |
10638.5 |
10547 |
10807 |
10914 |
10966.25 |
11004 |
10730 |
Success |
|
10:55:36PM |
US500 |
2571.37 |
‘cess |
||||||||
|
10:58:53PM |
DOW |
23766.5 |
23477 |
23375 |
23210 |
23685 |
23873 |
23976 |
24447 |
23280 |
‘cess |
|
11:01:32PM |
NASDAQ |
6540.37 |
‘cess |
||||||||
|
11:03:31PM |
JAPAN |
20301 |
‘cess |
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