NFLX @ $564.64The problem which is to your advantage is that the overall-stock market is being pumped up!
Now this leaves people who do not understand technical analysis unlike you who is reading this right now, at a huge disadvantage.
But the fact that you are reading this right now you are at an advantage because you are seeing something i call the "Rocket booster strategy"
I would like to thank my mentors, Robert Kiyosaki who wrote the book Rich Dad Poor Dad, Tim Sykes who wrote the foreword to the book Penny Stock Course, and Mathew Kratter who wrote the book Rocket Stocks and you can find these books on Amazon kindle.
Now the rocket booster strategy is very simple and it is as follows:
#1 Price has to be above the 50 MA
#2 Price has to be above the 200 MA
#3 Price has to gap up
It's that simple as you can see on this chart of NASDAQ:NFLX
Also, remember that this strategy does not encourage using high margin,.
So do not use margin on this strategy
Rocket boost this content to learn more.
Disclaimer: This is not financial advice do your own research before you trade please do not buy or sell anything i recommend to you.