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From our original FIbo Analysis, is now in the .382 fibo zone and trying to get back to the .50 level. AT&T will also join the fray next year with HBO Max and NBC is expanding into video streaming, too.Netflix's video streaming service suffered a dramatic slowdown in growth during its traditionally sluggish spring season, a drop-off coming as the company girds for even stiffer competition.Copyright © 2020 CBS Interactive Inc. All rights reserved.Part of that outgoing money will go toward the development of more original shows to replace some of the programming that it has been licensing from Disney, AT&T and NBC, all of which are reclaiming the rights for their own streaming services. On my chart I also have a directional index (DX) line and I have printed the values for DX on the indicator.Values over 40 are strong, and when this line went...long nflx after false breakout of 490Retraced 61% from recent high and tested trendline support @ 465.Bullish divergence between price and stochastics.Long @ 480 with initial stop at 465 (just below last candle's low), scale out partially on the wa up @ 535 and then 575.Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Interesting...Forward P/E 55.61 (Tech here FYI)P/E 86.54EPS this year +46.90EPS Q/Q +165.10%ROE +33.3%Gross Margin +40.8%Profit Margin 11.9%-15% from 52W HighNice bullish channel What's not to love?May drop to the bottom of the bollinger or wedge, and be a great entry for a long. But now, with HK, China and other countries suffering a 2nd relapse of this contagious virus, it looks like more people will stay put at home rather than heading out to work.Also, Employers...Looks like a good entry for NFLX 488 ish. But who are we to know it? On Monday, Netflix (ticker: NFLX) shares fell another 2.2% to $264.75, bringing the stock’s year-to-date return to a negative 1%. There are two vertical dotted lines to show the points being compared.

In the second quarter, it registered a negative cash flow of $594 million and expects to accumulate a negative cash flow of $3.5 billion for the entire year.Netflix ended June with 151.6 million worldwide subscribers, far more than a current crop of video streaming rivals that includes as Amazon and Hulu.Netflix traced the second-quarter's slow subscriber growth primarily to a recent round of prices increase, including hikes of 13% to 18% in its biggest market, in the U.S. That pushed the price of its most popular U.S. plan to $13 per month, testing the bounds of how much some consumers are willing to pay for a service that started out at $8 per month for the same level of service.But Netflix still posts profits, due to the way entertainment companies are allowed to account for their programming costs. 10 12ma & 0.382 Fib$521 0.50 Fib Volume was average on Monday on a day where volumewas very low across the market.PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.This chart is going combined the biggest market cap of NASDAQ.Technical aspect: Below the areas we are currency at, the next area below would be 5518. The losses include "Friends" and "The Office," long-defunct series that still remain among the most-watched shows on Netflix.A $10,000 investment in Netflix at the end of 2009 would have been worth $460,000 at the end of Wednesday's regular trading session.Netflix also needs more customers to help cover the costs of all the exclusive TV series and movies that it keeps adding to its line-up to stand out for the rest of the crowd. The Domestic streaming segment includes services that streams content to its members in the United States. I instead will look for trade setups on shorter timeframes and place day trades or short term swing trades. If no Momentum, Or pullback in these area's for 7/27/2020.Void trade.