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ShortSeller76
May 16, 2022 3:58 PM

NFLX for a bounce Long

Netflix, Inc.NASDAQ

Description

NFLX is still oversold after forming a near term bottom. Looking for a bounce to $220-252 range. It's hard to find anything to short in this market with so many stocks oversold and at/ near 52 week lows. Bear markets can have violent spectacular rallies on the way down which is why I am entirely long this week. GL

Trade active

Purchased 1,000 shares at $189.52

Trade closed manually

Closed position only couple dollar profit x 1,000 shares. My error for not adding for each -$5.00 drop from my initial position. Was looking to buy back lower but might just watch for now
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