Buyers of NFLX have been hanging around the 50 EMA. Yesterday NFLX had
a bounce off the 50 as buy programs kicked in. I highlighted Stochs to what happened
when it got oversold.
This is a low risk setup as I still see this stock shooting up to the top of the "Ichan" candle fiasco.
NFLX is in a uptrend so the only trade I will take is to the long side
Still needs confirmation for me to get above the 8 day ema
NFLX reports earnings 1-22-14 after market. The options market has about a 15 dollar move priced in plus or minus over the
next 10 days. Streaming subscribers have been increasing for their sales and are projecting higher
a bounce off the 50 as buy programs kicked in. I highlighted Stochs to what happened
when it got oversold.
This is a low risk setup as I still see this stock shooting up to the top of the "Ichan" candle fiasco.
NFLX is in a uptrend so the only trade I will take is to the long side
Still needs confirmation for me to get above the 8 day ema
NFLX reports earnings 1-22-14 after market. The options market has about a 15 dollar move priced in plus or minus over the
next 10 days. Streaming subscribers have been increasing for their sales and are projecting higher
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.