Called this on the group chat at about 400, and the gaol is 495, its almost hit already and will soon go back down to the bottom of support retest and hopefully bounce back up and easily hit my target of 495
If youd like to join the paid group chat just DM me, and we can bank together with more opportunity to bank.
Questions just DM me
Disclaimer: These assets are not for new traders or those who don't tolerate ULTRA HIGH risks. I don't recommend this trade (also I don't recommend any other trade). This is just my market view on the current moment. It could be TOTALLY WRONG. If my view changes in the future I am not obligated to update this idea or publish a new one.
With the global lockdown in place, many companies have seen huge growth and one of them
is Netflix. This is understanding as many people are confined to their homes and looking for
ways to keep the family entertained.
Netflix started to see its share price rise fast back in April this year but failed to break out of
the two year period of consolidation in April...
If you have shorts then I suggest you sell right when you make some profit. I know its exciting to hold and just watch the stonk burn but Netflix will come back. It's had a nice little run-up but the gravestone Doji candle at the top indicates a downtrend. Rumors about NFLX trying to buy AMC are coming to surface so if that happens it could help the stock. Long...
Roku is a buy in the blue zone (112 - 118). Ideal price is 116.
- That represents the 618 retracement from its most recent trough and peak.
- It's also where the 50 day moving average falls (118)
- And where the most significant short term structure is.
And here is Roku inverted on a longer term basis... Sometimes seeing charts upside down show things more...
AMZN LOOKED GOOD ALL DAY TODAY. SEE IF IT CAN CONTINUE A MOVE HIGHER.
TRADE IDEA: 2800C, 2820C
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