NFLX - Waiting for breakout

NASDAQ:NFLX60

Netflix, Inc.NASDAQ

Description

⋅ Aug 20, 2020 5:43 PM

I suspect we move down, but if we break out of pennant to the upside, I would target 560.

Trade closed: target reached

⋅ Aug 29, 2020 4:21 AM

Comments

D3F3AT

⋅ Aug 20, 2020 7:57 PM

Appears to have broke to the upside on the 5min and 15min, 1hr

ogdabber

⋅ Aug 20, 2020 8:03 PM

I’m in this one too... haven’t traded NFLX all year — have been in AAPL, TSLA, LULU, COST, ROKU mostly.. this looks too good tho on daily, I’m thinking new ATH in mid-term (6-8 weeks)

D3F3AT

⋅ Aug 20, 2020 8:14 PM

@ogdabber, Glad you see what I see. $560 target

I'm in 11/20 495 calls

D3F3AT

⋅ Aug 20, 2020 7:58 PM

LONG! We'll see if we breakout tomorrow. I'm using the top of pennant as a stop

D3F3AT

⋅ Aug 20, 2020 7:07 PM

26M dollar block on 495C