Entry: with price above 448.66
Volume: with volume greater than 7.1M
Target: 510.38 area
Stop: Depending on your risk tolerance; Based on an entry of 448.66, 428.10 gets you 3/1 Reward to Risk Ratio.
This swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not take this trade based on my idea, do not follow anyone blindly, do your own analysis and due diligence. I am not a professional trader.
Volume: with volume greater than 7.1M
Target: 510.38 area
Stop: Depending on your risk tolerance; Based on an entry of 448.66, 428.10 gets you 3/1 Reward to Risk Ratio.
This swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not take this trade based on my idea, do not follow anyone blindly, do your own analysis and due diligence. I am not a professional trader.
Comment:
Needs volume. Caution, earnings July 19.
Comment:
I just closed a NFLX trade, I won't re-enter before earnings.
Comment:
Sell some if you are in.
Comment:
New buying opportunity coming soon, but NOT YET. Be patient, wait for proof, let the dip play out first.
Comment:
Break above 448.66 and I'm in.
Comment:
Trading sideways on decreasing volume - the opportunity might come yet.
Comment:
Got above 448.66 on 9/5, but the market wasn't in the mood for me to enter. Still watching.
Order cancelled:
Big drop on big volume - idea negated.
