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March 28, 2024
Risk Disclaimer: The example below is for illustrative purposes only and is based on price movements derived from Contracts for Difference (CFDs). The calculations reflect hypothetical outcomes using historical or specified price data for the relevant instrument on the stated date and are not indicative of future performance. Any reliance placed on this material is strictly at the user’s own risk.
NETFLIX(#NFLX) weekly special report based On 1.00 Lot Calculation:
NETFLIX: THE COMPANY
NETFLIX: NEWS
NETFLIX: UPCOMING EVENTS
ANALYST OPINION: UBS increased its target to $685. Wedbush is targeting $615. Redburn Atlantic is targeting $740.
STOCK PRICE ACTION: Netflix stock made its all-time high of $700.99 in November 2021. Since the beginning of the year, the stock price is already 27% up and currently trades around $613.5 which is around 12.5% below the record high. If a full recovery follows, the stock could increase around 14.26%. However, the price could go lower.
NETFLIX, March 28, 2024
Current Price: 613.50
|
Netflix |
Weekly |
|
Trend direction |
|
|
700.000 |
|
|
680.000 |
|
|
655.000 |
|
|
575.000 |
|
|
565.000 |
|
|
560.000 |
Example of calculation based on weekly trend direction for 1.00 Lot1
|
Pivot Points |
||||||
|
Profit or loss in $ |
86,500.00 |
66,500.00 |
41,500.00 |
-38,500.00 |
-48,500.00 |
-53,500.00 |
|
Profit or loss in €² |
80,151.96 |
61,619.72 |
38,454.41 |
-35,674.57 |
-44,940.70 |
-49,573.76 |
|
Profit or loss in £² |
68,614.58 |
52,749.94 |
32,919.13 |
-30,539.44 |
-38,471.76 |
-42,437.92 |
|
Profit or loss in C$² |
117,666.38 |
90,460.28 |
56,452.66 |
-52,371.74 |
-65,974.79 |
-72,776.32 |
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