NFLX in a continuous uptrend give multiple opportunities to join
Trying 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.
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.
Comment:
Canceling orders due to extended market hours. Low volume, low liquidity and difficult to manage risk. Will place the order tomorrow again right before the ringing bell.
Trade closed manually:
Closed as price didn't meet entry.
