sumastardon

Netflix: NFLX Potential Short then long set-up

NASDAQ:NFLX   NETFLIX, INC. - COMMON STOCK
NETFLIX             NFLX             Buy Neflix and Chill - but where?
Volatility returning to the market is throwing up some
interesting short term trading opportunites, with Netflix             being
a prime example... The nearest support lies at 261. If this
fails today it should open up a shorting opportunity back to
228-245 range. The 245 level is important, being the start of
the gap...should tghis level then fail today it opens a second
short back to 228-227 where it should rally from so can
consider reversing the short here with stops below 226. And if
wrong here, and there is no rally and 226 then fails it opens
yet another shorting opportunity back to 204-203 where it will
definitely bounce away again looking for a retest of the highs
again.
Comment: Lowering stop on this short to 260.6 for break even if it goes wrong from here
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out