Netflix did not convince investors in the last quarter: Netflix recorded revenues of 3.91 billion dollars last quarter, against expectations of 3.94 billion dollars and an increase of 40.3% compared to 2.78 billion dollars from the same period a year ago
In addition so far the situation does not seem to improve!
In New York the stock has collapsed and still weighs on the Nasdaq as it would not suffice the small hint of the rise of the last sessions with the price that now stands at 308 dollars.
Netflix has dragged down the whole technology sector, which until yesterday had gained almost 15% since the beginning of the year, as well as the market competitors Amazon, Facebook, Google.
Disney, At & T and Amazon have made the difference on the market by creating a series of initiatives that have made the streaming giant profit less. Amazon has strengthened its streaming video offering, while At & t has just purchased Time Warner and Disney and Comcast in continuous interest on 21st Century Fox.
Although Netflix has said that there is room for more companies in the industry, analysts fear a sharp slowdown in the coming years.
On the stock market, the stock is marking a probable bearish target area around 281.79 as the upward movement could rebound on the resistance at 334.00 and move short towards the said target.
To confirm the hypothesis there would be a 9-period RSI divergence and a strong confluence between 50% and 61% of the medium term and the static resistance at 334.00.
In addition, the fast averages (and the price) have crossed the 200 period average downwards, which would represent a probability of continuation of the distribution.
Buon Trading a Tutti,
Subscribe to the newsletter of christianciuffa.com to receive news, updates, technical analysis and much more on your email: SUBSCRIBE
Payment every month until you like! 18 hours of live course per month, Trading room at 10:00 and at 20:30, Video, chat and transfers documents all live, free Webinar and Video in depth when you have questions or questions, Channel You Tube where you can find news, analysis and direct, 40 hours of lessons recorded video on the 360 ° trading, Community available on facebook, twitter, google +, trading view
An educational itinerary of 40 hours course, Webinar, Insights into professional trading. Designed for those who are strangers to this world, for those starting from scratch and for those who want to learn to create a steady income during the year.
- Day Trading Free: fifteen minutes of trading to help you increase your skills at every stage of your journey in the trading world
- Morning Markets: analysis of the markets every morning
- Week View: Monday with the calendar and some opportunities
- Day Trading Premium: one to one premium webinar
- Analysis of Saturday afternoons: closing of the markets and weekly view
Also webinar every month, with me Christian Ciuffa, with a technical and fundamental analysis, teaching, training all for you in live directly from the Trading Room of XTB, Investing.com, Trand online, and of course christianciuffa.com
My Blog Sitewww.christianciuffa.com
Platforms Recommended by christianciuffa.com
Recommended brokers from christianciuffa.com
Disclaimer Questo articolo è fornito solo a scopo informativo generale. Qualsiasi opinione, analisi, prezzo o altro contenuto è fornito a fini educativi e non costituisce consulenza agli investimenti o una raccomandazione. Qualsiasi ricerca non è stata predisposta in conformità ai requisiti legali mirati a promuovere l’indipendenza della ricerca sugli investimenti e in quanto tale è considerata una comunicazione di marketing. Tutte le informazioni fornite non riguardano gli obiettivi di investimento specifici, la situazione finanziaria e le esigenze di qualsiasi persona specifica che lo possa ricevere. Le prestazioni passate non sono necessariamente indicative dei risultati futuri e qualunque persona agisca su queste informazioni lo fa a proprio rischio, non ci assumiamo alcuna responsabilità per eventuali perdite o danni, inclusi, senza limitazione, qualsiasi perdita di profitto che possa derivare direttamente o indirettamente dall’uso o dalla dipendenza da tali informazioni.
Disclaimer This article is provided for general information purposes only. Any opinions, analyses, prices or other content is provided for educational purposes and does not constitute investment advice or a recommendation. Any research has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Any information provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. Past performance is not necessarily indicative of future results, and any person acting on this information does so entirely at their own risk, we do not accept liability for any loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. Dai un’occhiata anche al Blog Site LettereNote su libri, musica, editing, corsi http://www.letterenote.wix.com/letterenote Letterenote You tube Channel: https://www.youtube.com/channel/UCNJf8YGtXhxAPuU6Aq37ThA