Netflix (NFLX), Setup: BUY, TF: H4
TRADE SETUP
Added on Aug. 4 as stock moved past high of Aug. 3.
Entry at 505.90.
BUY ZONE => $503.09 - $513.15
STOP LOSS
Stop loss at close below Aug. 3 low (490.23) or first decisive close below 5-day moving average line.
GOAL
5% to 10% profit goal (531.2 - 556.49) or first decisive close below 5-day moving average line.
E
ARNINGS DUE DATE
Oct 16, 2020 Estimated
Added on Aug. 4 as stock moved past high of Aug. 3.
Entry at 505.90.
BUY ZONE => $503.09 - $513.15
STOP LOSS
Stop loss at close below Aug. 3 low (490.23) or first decisive close below 5-day moving average line.
GOAL
5% to 10% profit goal (531.2 - 556.49) or first decisive close below 5-day moving average line.
E
ARNINGS DUE DATE
Oct 16, 2020 Estimated
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