IvanLabrie
Short

NFLX: Going short here

NASDAQ:NFLX   NETFLIX INC
I have been looking to short NFLX             , and after my stint with it failed, I think Tim West's reccomendation makes a lot of sense.
He's been holding shorts from considerably higher, and had posted about it in the 'Key Hidden Levels chatroom' recently once again.
You can refer to his publications for more information, or ask questions in chat if you have any.

My trade entry is as follows: short at market stop, stop at 103.57, risking 1% of capital on it.

Good luck if taking this trade.
Cheers,

Ivan Labrie.
Comment: Average the entry here with the same stop. 97.93
Comment: Trail stops to 100.33
What does really mean "short at market stop" ?
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Made a typo, my brain made me type stop twice..."short at market, stop:"
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edmunch IvanLabrie
It makes sense now, thanks!
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What about the idea that this is a descending triangle, and it broke through on the upper side?
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IvanLabrie PRO Brandon Unglaub
I don't use those patterns so I wouldn't now what triangle you speak of.
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