azheng2649

NFLX - An Open above 221 would be nice

azheng2649 Updated   
NASDAQ:NFLX   Netflix, Inc.
Posting another Idea on NFLX here. Reviewing this from a 4 hour chart perspective I am anticipating that there are going to be some resistance at the $226 & $230 zone. Looking for it to open above $221 to stay bullish on the trade but an open below would keep me sitting on my hands. Further continuation below the $210 zone would be a PUT play for sure. It is Friday tomorrow so I would be more cautious. (Not Financial Advice)
Comment:
Caught a nice 50% call option from the open and closed it out after the rejection off resistance. Good way to end the week off for me
Comment:
Expecting this one to have some pull back this week. Will be watching for key levels of support and resistance to decide which way to play this one. Monday's trading activity will provide me a gauge of what I expect for this one. Going to continue to trade off of my initial plan of bull and bear entry
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.