Netflix, Inc.Short
Gap to Gap Netflix Short
Updated
Possible Gap -> Gap short opportunity after its downtrend after major parabolic advance was broken.
385 proved to be significant resistance before, I will be hoping it can yield another great trade again but with greater results.
332 would be a logical TP, then filling the gap at 227 would be my short target, the gap at 194 (where decent VPVR backed support is) would be where I would consider going long.
385 proved to be significant resistance before, I will be hoping it can yield another great trade again but with greater results.
332 would be a logical TP, then filling the gap at 227 would be my short target, the gap at 194 (where decent VPVR backed support is) would be where I would consider going long.
Note
Playing out okay, but only got 25% of my position filled.The current plan is to add the 75% if 315 becomes upside resistance.
Asks between 382 & 394 remain for now.
Trade closed: target reached
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