Netflix Long will move and reach Target 1 is 1200$,before....

New 52-week highs this week, powered by the Dow which, on Friday, extended its streak of positive days to ten — something the blue chip index has not done in almost six years. The Dow has been powered by, among other things, a slew of corporate financial results, particularly from the banks, which showed not only improved profitability, but also strong guidance for the next quarter and full year.


I have explained 2 bullish scenarios,1 bearish(worse case).

Bullish:
higher highs higher lows
poc uprising
volume increasing
capital flow rising


In case the Take profits hit, and we have increased volume, I will ride the trend.
I will only take profit 10% of the microsoft portfolio and let the profit run.

Exit :Stop loss or trend change signal


The mid and long term horizon is bullish. If any Profit taking level reaches, and trend continuation is signalizing that the uptrend will be continued, I will increase agressively my positions and take only 10% profits of each position.I will let the prfoits run.

This trade setup is only for trend followers and on daily TF.

Comment:

New 52-week highs this week, powered by the Dow which, on Friday, extended its streak of positive days to ten — something the blue chip index has not done in almost six years. The Dow has been powered by, among other things, a slew of corporate financial results, particularly from the banks, which showed not only improved profitability, but also strong guidance for the next quarter and full year.


I have explained 2 bullish scenarios,1 bearish(worse case).

Bullish:
higher highs higher lows
poc uprising
volume increasing
capital flow rising


In case the Take profits hit, and we have increased volume, I will ride the trend.
I will only take profit 10% of the Netflix portfolio and let the profit run.

Exit :Stop loss or trend change signal


The mid and long term horizon is bullish. If any Profit taking level reaches, and trend continuation is signalizing that the uptrend will be continued, I will increase agressively my positions and take only 10% profits of each position.I will let the prfoits run.

This trade setup is only for trend followers and on daily TF.

Comment:

A Trader’s Prayer Thank you Lord for Your gift of money.

You give me insight to see the market

with unclouded eyes.

Your voice tells me when to enter a trade.

Your voice tells me when to exit a trade.

Your presence is like the morning dew

watering my soul

Comment:

masdaq bullish after FOMC , I bouht more nowmy target stays at 21000
Next FED meeting in nov. december is much more important..