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cwarner

Ascending Triangle

Long
Netflix, Inc. (NASDAQ:NFLX)  
cwarner Updated   
NASDAQ:NFLX   Netflix, Inc.
Trend Analysis Support and Resistance Trend Lines
5
0
trendanalysis supportandresistance trendline
This is the trade. Look to fill gap and test ATH on breakout.
Comment:
Expect selling pressure at $375. If it closes above, then ATHs coming very soon
Comment:
Probably should have sold at the predicted sell off range, but I don't want to chase if it gaps over $375 one morning
Comment:
Appears to be breaking out of ascending triangle. If it closes at this level I expect major moves higher in coming days.
Comment:
Breakout confirmed. Stop loss at 30 min 50 MA.
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