NFLX
Netflix (NFLX), Setup: BUY, TF: H4TRADE 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
$NFLX Netflix Could get a Fang Boost
Bollinger Bands beginning to Pinch preempting a
significant move.
Indicators are reversing after the post earnings selloff.
Market sentiment remains bullish and gets a further boost
from AAPL AMZN & FB earnings.
NFLX may get dragged along for the ride higher.
Targets $523 for gap fill
$535 to Fibonacci Golden pocket
NFLX CallsIm still in on NFLX calls, the chart is looking great dont mind all my trend lines, I like to use them to show support resistances and rice targets on multiple time frames, the main target for NFLX is 525 to fill that MASSIVE gap which is a great opportunity for all of us.
I got into Aug 7 525 calls if it doesnt hit 525 by next week ill sell the aug 7 and buy into 2 weeks out.
Feel free to direct message me if your interested in joining a trading group, or if you would like me to answer some questions.
Good luck trading everyone!
NFLX going back up
NASDAQ:NFLX
Please do not follow this idea if your convinced , my idea should only support your feelings about NFLX.
Some of my technical analysis ways are giving me a bullish signal.
This post is more of trying the “publish ideas” section , so again don’t use only my idea as a signal.