Netflix broke out of the ascending triangle and bounce against resistance twice to rise to ATH. I expect it to create new support in the 175-177 range. I am watching when it approaches to see if it falls through support or bounces off of support. Buy zone for me is 180 if it bounces off of the support.
This is for my educational purposes. Please note: I am learning this software and do not intend for anyone to copy my trades. With that being said- Amazon broke the ascending Triangle.
Rumors of going into pharmacueticals. Selling above it's 50 day MA. Broke out of ascending triangle. Entry: 1004.00 First Target: 1070.00 Stop loss: none yet. 990.00 after order executes.
I am an amature and I am posting these ideas for my own education. The reason I think Amzn is going to its previous ATH is due to the rumors that they may go into the pharmacy business. It has crossed the ascending triangle and bounced above the 50 day MA. Entry: 1004.00 Target: 1070.00 Stop: no stop yet until order executes. Stop will be around 990.00
Good fundamentals. Entry: .00004908-.00005000 First target: .00008822 Second target: .00015938