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Good morning Traders,
With the close of January 04, 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 index.
The stock closed at USD 309.41 per share, marking a +4.90%.
Data on the increase in subscribers to the platform certainly had a positive influence on the stock, which has been under strong selling pressure in 2022, which is why the price is also undervalued at the moment.
Below 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 Q4 2022:January 19, 2023
Q3 2022 earnings
EPS: Reported 3.10/ Expected 2.14/ Previous 3.20
Turnover: Reported 7.93B/ Expected 7.84B/ Previous 7.97B
Financial Overview: The current market capitalization of NFLX is 131.259B USD. The next earnings release date for Netflix, Inc is Jan. 19. The estimate is $0.63 USD.
Accounts, including revenue, expenses, profit and loss: NFLX's total revenue for the latest quarter is $7.93B USD, down 0.56% from the previous quarter. Net income in Q3 22 is 1.40B USD.
Overview data and accounts source: Tradingview.com
Signal Chart January 05, 2023
LONG - Netflix Inc - NFLX
Input price: USD 309.41 (and any opening price, without excessive upside GAP)
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