Hi traders,
Looking at the daily Netflix chart right here, and see that price is at previous turning points right now. So there is a possibility for traders to enter right now at $ 85.65..
There is also another possible entry at the swing low of February 2016, at a value of $ 80.
Entry, stop and target are based on structure.
-------Trade 1-------
Entry: Current market price
Stop: $ 83.35
Target: $ 93.55 = R:RR 3.29
-------Trade 2-------
Entry: $ 80.00
Stop: $ 77.05
Target: $ 93.55
Please note that I do not trade stocks. However, if I would, I would take these trades for sure.
Looking at the daily Netflix chart right here, and see that price is at previous turning points right now. So there is a possibility for traders to enter right now at $ 85.65..
There is also another possible entry at the swing low of February 2016, at a value of $ 80.
Entry, stop and target are based on structure.
-------Trade 1-------
Entry: Current market price
Stop: $ 83.35
Target: $ 93.55 = R:RR 3.29
-------Trade 2-------
Entry: $ 80.00
Stop: $ 77.05
Target: $ 93.55
Please note that I do not trade stocks. However, if I would, I would take these trades for sure.
Trade active
Trade closed: target reached
Comment:
The other order is still valid.
