Netflix (NFLX) Predictions for September 2023 (Paid Version/Best Trades)

Kapproveb Alcyone
Jul 27, 2023
3 min read

Updated: Aug 11, 2023

Month’s Theme: Notably bullish and attempts to establish support.

Behavior Around the High: A decline off of the high with a prominent trough off of that decline.

Behavior Around the Low: We’ll go off of the low and then drop back to the low and then rise off of it again.

Exclusive Trade Opportunities for Subscribers:
- An opportunity to open a long position on the 11th in the midst of a decline. You could close that around the cusp of the 13th/14th.
- An opportunity to open a long position on the 18th at a low. You could close that the following day. You could also close it at the beginning of the day on the 21st.
- An opportunity to open a short position at a crest early in the day on the 19th. You could close it on the 21st.
- An opportunity to open a long position for October on the 21st.

Overview

On the 1st, there’s a move higher followed by a full retracement back down to where that move higher started.

We’ll have the 4th off. On the 5th, we’ll have a rally that increases with momentum moving forward in time. We’ll have a gap down overnight or at the end of the day. On the 6th, there’s a notable move higher that takes us to a peak or crest on the cusp of the 6th/7th or on the 7th. On the 7th, there’s some sideways rotation and a sharp drop within that sideways rotation that will take us to a trough for the month. On the 8th, there’s a rally into a peak or crest. We’ll likely have a trough toward the end of the day. Over the weekend, we’ll probably gap down.

On the 11th, we’ll gap up to a peak or crest and sell off pretty notably into the end of the day. On the 12th, we’ll likely have the lowest low thus far. There’s a notable reversal on the 12th. On the 13th, there’s a big move to the upside taking us to a peak or crest on the cusp of the 13th/14th. There’s a rally on the 14th that offers an opportunity to open a short position. On the 15th, there’s a decline to revisit a support level that we recently met once before.

On the 18th, that decline continues. We may see a bit of a rally early in the day and then the halting of a rally marked by a sharp decline on a multi-day scale. On the 19th, we’ll have a prominent move higher into a peak or crest with a trade opportunity. That’s followed by a full retracement of that move back down. On the 20th, there’s a sharp drop that will stand out on a one-month scale. I’m advised not to chase a trend, likely to the downside, at the end of the day. The morning of the 21st, we’ll gap up. There’s a decline early in the morning into a trough. That’s followed by a notable move back up into a peak or crest at the end of the day. On the 22nd, we’ll have a notable decline off of a resistance level that we’ve bumped up against before.

We’ll most likely have our highest high on the 25th or the 26th. On the 25th, we’ll likely gap up to a highest high and then decline to and through support to meet a second support level and then rotate sideways along that support into the 26th. On the 26th, we’ll see a big move to the upside pushing the upper end of a range higher. On the 27th, we’ll have an overbought crest or peak that we’ll sell off from pretty notably through multiple support levels into a prominent trough on a one-month scale. There’s likely a decline at the end of the day from a peak. There’s a gap down overnight. On the 28th, there’s a support level highlighted on a multi-month scale. On the 29th, there’s a sharp drop that will stand out within a period of volatility.

Sneak Preview

In October, there’s a big move to the upside reaching for distant resistance.