NFLX in a continuous uptrend give multiple opportunities to joinTrying to join NFLX uptrend on two different opportunities.
I will be taking the trade on the marks shown with the Long Position Tool.
Risk: 0.59 per share
Shares: 169 (total $100 risk)
First target: 323.55 (2:1)
Second target: 327.63 (5:1)
I will evaluate first target according to the chart conditions when trade is triggered. If price hits the stop and starts going back in the trade direction, I'll take the trade a second time as price crosses back up the first entry point with same stop and targets.
In case price hits stop and continues down, I'll defer to the next entry point detailed on the next trading idea.