If you want to receive trading signals - like these in real time - register on the platform and buy the Pro version of LargeTrader.

Netflix trading signal - NFLX

U.S. stock price signals and analysis

Good morning Traders,

With the close on May 17,  Lift-Off confirms a LONG trading signal on the U.S. stock Netflix Inc (Ticker: NFLX) listed on the NASDAQ and part of the S&P500 and NASDAQ index.

The stock closed at USD 339.96 per share, marking a +1.86 percent.

The Nasdaq continues to rise and make new highs, with the big techs approaching highs and also making new all-time highs, Netflix is in a fairly tight congestion and the quarterly reports have already been reported, so we can attempt an upside speculative trade.

Below the chart of Netflix Inc - NFLX- with the signal detected by Lift-Off 

The company operates in the "Technology Services" industry specifically in the "Internet Services/Software Industry"

Next earnings announcement for Q2 2023: July 17, 2023

Q1 2023 Results

EPS: Reported 2.88/ Expected 2.86/ Previous 0.12

Turnover: Reported 8.16B/ Expected 8.18B/ Previous 7.85B

Financial Overview: The current market capitalization of NFLX is 1151.125B USD. The next earnings release date for Netflix, Inc is July 17. The estimate is $2.85B USD.

Accounts, including revenue, expenses, profit and loss: NFLX's total revenue for the latest quarter is $8.16B USD, up 3.94% from the previous quarter. Net income in Q1 23 is 1.31B USD.

Overview data and accounts source: Tradingview.com

May 18, 2023

LONG - Netflix Inc - NFLX

Input price: 339.96 USD (and any opening price, without excessive upside GAP)

Important: 

Remind that the signal has been chosen from those detected by the Lift-Off indicator, visible in the signals area, but the management of the trade will NOT be communicated.

We recommend handling the operations as shown during the professional courses on using the platform available at this link https://it.largetrader.com/event