ruby_kinetix

NFLX is expected to meet $300

Long
NASDAQ:NFLX   Netflix, Inc.
$NFLX made nice re-accumulation on last Thursday and Friday. 285-286 is my support zone. Trade above this level will squeeze all sellers and help the price back to $300 level. Today NFLX may gap higher, and I plan to play long side on the pull back.

Unless NFLX trade lower then 285 level, I will stay aside or trade in smaller size to join the bears.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.