Long at support.

196 6 5
Well the opportunity to go long NFLX             presented itself once again. It's a pretty cut and dry simple trade. Selling volume has been drying up the past few days. My favorite candles are the ones dated 1/20/16 & 1/27/16, the reason being is the spike in selling volume without the follow through in the 1/20/16 candle, and the large bodied 1/27/16 bearish candle without the unusually large sell volume to accompany. Those are the reasons behind the trade along it being at support.

Lets see how it goes, because this is raw speculation and price is below the 200 Moving Average hence the larger stop loss orders.

Note: Upon reaching the first long target, stops will be moved to break even.

Happy trading traders. =)
Very nice mate. Stocks look bullish to me, at least for now. Let's hope oil doesn't ruin everything. All the BEST :)
+1 Reply
Still holding that level, very nice :)
+1 Reply
Daniel.B moneymaking
Haha yea it has. If we don't get a bullish gap at the market open then I'll probably get stopped out unfortunately. All we can do now is hold fast and learn from the ride! =)
+1 Reply
moneymaking Daniel.B
That's right. All depends where the futures point to in the morning. All the BEST from me :)
+1 Reply
Daniel.B moneymaking
Yep, thanks man appreciate it! =)
+1 Reply
moneymaking Daniel.B
Your Welcome :)
Ideas Scripts Chart
United States
United Kingdom
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out