$NFLX - Channel possible breakout/w a run up prior to earnings
Only thing missing here is volume on that breakout, but that can come any moment, NFLX has the tendency to run up before earning, and this could be no difference.
RSI Divergence as a positive indicator too.
Stop loss at structure.
Great risk reward trade, short hold, sell before ER
Great also for selling credit spreads
RSI Divergence as a positive indicator too.
Stop loss at structure.
Great risk reward trade, short hold, sell before ER
Great also for selling credit spreads
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