Netflix crashing !!! can we know all this beforehand?

TrendTrading
2022-04-23


$Netflix(NFLX)$ $NASDAQ(.IXIC)$ $Alibaba(BABA)$ 

You will be amazed to know that if you know how to read a chart ,you can predict what is about to happen.

Netflix was forming a ending diagonalwhich started from 2018 and ended in 2022.

Ending diagonal is a ending structure that forms in the last wave as per the elliot waves.

In the below chart netflix was in the 5th wave.

The 5th wave internally is divided into 5 subwaves 12345.

The ist peak was formed in 2018

The second peak was formed in 2020

The 3rd peak was formed in 2022.

You can see although price is making a new swing high but macd is fomring a lower low.

This is known as bearish divergence.

Bearish divergence is a important characterstic of ending diagonal .

So whenver in future you see such a structure ,you can bet a crash is coming.

You can see similar ending diagonal was formed in nasdaq index in 2008 crash

You can follow me for more such content

I have already posted a number of videos on ending diagonal on my youtube channel .

https://www.youtube.com/channel/UCgJHoT14o0CglkwTX4Yjvpw/?sub_confirmation=1

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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  • skyel
    ·2022-04-24
    Of course you can, provided you have the subscription details
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  • JC888
    ·2022-04-24
    Hindsight is always 20/20. Wonder if anyone with a job will b able to micro-analyse or read all written articles and  believe 100% what the bias writer writes about...
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  • 蒋小鱼
    ·2022-04-23
    Netflix good meh?? i already know it will drop cos ppl will go back their normal life.
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  • KwLau
    ·2022-04-25
    Not a fan of Netflix.
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  • SteadyDoesIt
    ·2022-04-24
    So any clues as to whether it will bounce?
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    • xuero: 
      [Bless]hope they can secure exclusive rights to some nice series
      2022-04-25
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  • Wgey
    ·2022-04-24
    growth will never be the same again.
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    • R2D2: 
      true
      2022-04-24
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  • Michelle Ong
    ·2022-04-24
    Like back thanks
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  • ElvisMarner
    ·2022-04-23
    Well, to reach your level I still need to work hard haha.
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  • jamezwavy
    ·2022-04-26
    [Grin] [Speechless] [Tongue]
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  • Albert945
    ·2022-04-25
    thanks for sharing
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  • Shawn287
    ·2022-04-24
    What is best advice to Netflix? Never be complacent on your past acheivements!
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  • Bodoh
    ·2022-04-24
    Hahahaha hot article? Or hot air?
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  • Kabanotolog
    ·2022-04-24
    нетфликс это воздух, она не может стоить дорого, это ясно изначально
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  • Tigger88
    ·2022-04-24
    Buying opp ortunity
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  • yinghao94
    ·2022-04-23
    good luck to all
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  • diggydog
    ·2022-04-23
    too late to post this
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  • alvin240576
    ·2022-04-25
    这篇文章不错，转发给大家看
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  • leongoh
    ·2022-04-25
    Thanks for info.
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  • marcothen
    ·2022-04-24
    Great if u can talk before crash, 🐎💥
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  • cheerzy
    ·2022-04-24
    Will it continue its drop?
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