nicktussing77

netflix approaching a big jumping point

BATS:NFLX   Netflix, Inc.
Holy smokes, this is lining up for one huge final pump. If she holds 365, there is potential to rocket all the way up to 436. It won't be in 1 night, you'll have time to buy and sell, but it won't be a lot of time. You'll likely start seeing big AH movements, and a bunch of solid green days in a row as it climbs.

There is a chance it breaks down to 333, but again, there should be time to exit and reset your trade before it gets all the way down there. I would favor the upside pretty heavily on this trade, however, WAIT until it bounces off trend. If it hits the red trend, enter short on the rejection. If it climbs down and hits the green, go long on the support bounce.

Comment:
We got a pretty nice jump!
Comment:
Probably don't short quite yet, but also, be ready for a rejection to occur pretty soon.
Comment:
Great movement overall on this one!! If you were following this trade, you'll likely need a new chart to follow pretty soon.
Keep an eye out for the 329 price target.
Trade closed: target reached:
436 is my top end target. I'm out per risk management.

FREE DISCORD
discord.gg/kFndmqab9y

Cashapp: $nicktussing
Venmo: @nicktussing
Donations appreciated, NOT AT ALL REQUIRED OR EXPECTED.

Cashapp enters my YOLO account.
Venmo gets donated to the local Animal Shelter.
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.