NFLX
GOOG/AAPL spread reached all time lows! Correction expected!After AAPL reported strong earning; and announced the 4:1 split, incoming volume has drove share prices to all time highs. Its possible money is flowing out of certain tech(Goog,Nflx,ZM) and into this beast. This move does however look exaggerated. Looking for the spread to test $5 again, at the very least, $4.
NFLX:Gap fill up incoming?NFLX looking very very interesting, stochastics looking bullish, bounce off of support and TL, looks pretty good for gap fill to 523 this week with short term pt of 503.Think its safe to say that i'm bull on this one hahah. Any feedback is appeciated,happy trading and stay green!
TSLA volatility income!This equity has had plenty of time to consolidate at near the physiological support of $1,500. Descending wedge pattern and negative RSI divergence insinuates that a correction to the $1,300 could be seen this week. However, with price action supporting the current level very strong the last 2 weeks; a test to $1,650 is well within the range of possibilities. Regardless, volatility is to be expected. Straddles look objectively cheap with the current IV. Food for thought!
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.