Netflix's most recent trend suggests a bearish bias. One trading opportunity on Netflix is a Bear Call Spread using a strike $525.00 short call and a strike $535.00 long call offers a potential 51.52% return on risk over the next 21 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $525.00 by expiration. The full premium credit of $3.40 would be kept by the premium seller. The risk of $6.60 would be incurred if the stock rose above the $535.00 long call strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Netflix is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Netflix is bearish.
The RSI indicator is at 41.16 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Netflix
2 Big Changes Happening at HBO Max
Thu, 29 Jul 2021 10:30:00 +0000
AT&T (NYSE: T) added 3.6 million HBO Max subscribers in the second quarter, ending the period with 67.5 million. In light of the success, WarnerMedia is making a couple big changes to its HBO Max strategy. It plans to continue debuting new feature films on the service, and it's going to focus more on the Latin American market before further expansion.
Netflix Nearing toward Outgaming the Competition
Thu, 29 Jul 2021 10:02:02 +0000
Shares of Netflix (NFLX) have been dragging their feet of late, and are now down around 12% from the highs it hit back in January 2021. The streaming giant seems to be stuck in a rut after consolidating wildly in the $500 range. Undoubtedly, competition in the streaming video on demand (SVOD) is continuing to pick up traction, with many big media and tech companies hungry for a growing slice of the pie. That's bad news for the king of streaming. But time and time again, it's been shown that bett
Netflix Slack chat firing of staff and the risk of office gossip
Thu, 29 Jul 2021 05:01:59 +0000
Expressing your frustrations is important and can help to reduce stress. However, doing so recklessly can land you in hot water.
UPDATE 2-Big Tech starts requiring vaccines; Twitter closes re-opened U.S. offices
Wed, 28 Jul 2021 22:06:15 +0000
Twitter Inc is shutting its reopened offices in United States, while other big tech companies are making vaccination mandatory for on-campus employees, as the highly infectious Delta COVID-19 variant drives a resurgence in cases. Alphabet Inc's Google and Facebook Inc said on Wednesday all U.S. employees must get vaccinated to step into offices.
Analysts Loved Alphabet’s Earnings. The Stock Is Headed for a Record.
Wed, 28 Jul 2021 19:00:00 +0000
Alphabet stock was trading in record territory, following the company’s impressive earnings report late Tuesday. Shares of Alphabet’s class A stock (GOOGL) were up 3.6% to $2,731.94 in Wednesday afternoon trading, putting them on pace to finish above a record close of $2,680.70. Wall Street was already expecting a strong period for Alphabet’s advertising business.
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