Technical Analysis of Netflix Inc (NASDAQ: NFLX): 28 September 2018, Friday, 2.40pm Singapore Time

Technical Analysis of Netflix Inc (NASDAQ: NFLX): 

28 September 2018, Friday, 2.40pm Singapore Time

(Click on Technical Chart above to Expand)

Attached is the Technicals of Netflix Inc (NASDAQ: NFLX). When Netflix was at $157.20 just May last year 2017, I gave a buy rating/bullish rating of Netflix fore-warning that it would rise another 3x from $157 based on volume flow.  It has risen close to +300% but I am still bullish on Netflix for more upsides. On 13 September 2018, when Netflix was $370.93, based on volume flow, I gave it yet another buy rating/bullish rating, pre-empting that Netflix would rise beyond $420 per share -- the Marijuana magic number which was also used by Elon Musk on Tesla "privatisation". Netflix also has this Marijuana Magic Number of 420 at the resistance. This is a special stock -- the $420 resistance level is deliberate. Once this $420 breaks out, it will fly high like Mari-Aurora (Marijuana theme in US).

Donovan Norfolk Ang

NetFlix Inc (NASDAQ: NFLX): 13 September 2018, Thursday, 9.45pm Singapore Time

NetFlix Inc (NASDAQ: NFLX): 

13 September 2018, Thursday, 9.45pm Singapore Time

(Click on Technical Chart above to Expand)

Attached is the updated Technicals for NetFlix Inc (NASDAQ: NFLX). This is a stock which will rally regardless of big index performance, and will rally regardless of trade war or no trade war. The volume absorption by smart monies is as indicated on chart. Following that, the stock underwent a significant short-mid term re-accumulation of low volume with inverse Shoulder-Head-Shoulder formed in light green illustration. The inverse neckline is in dark green. The accumulation is completing. NetFlix will super rally to new highs as projected by the trajectory as on technical chart. $420 will break out upwards like a breeze. 

Donovan Norfolk Ang

Netflix Technicals: 23 May 2017, Tuesday

Netflix Technicals: 

23 May 2017, Tuesday

(Click on Chart Above to Enlarge)

This is why every serious stock investor needs to be involved in the US markets, something that I had reiterated before that the US markets are the best in the world and will always be.

If you had invested just $10k in Netflix in the 2000s at just the typical price of $1, your investment will be worth $1.57 million dollars now.

Netflix will have at least more than another 3x upside from here.
Follow the trend. Strong Buy even at $157.20.

Donovan Norfolk Ang