Long on Roku
After AAPL reported strong earning; and announced the 4:1 split, incoming volume has drove share prices to all time highs. Its possible money is flowing out of certain tech(Goog,Nflx,ZM) and into this beast. This move does however look exaggerated. Looking for the spread to test $5 again, at the very least, $4.
NFLX looking very very interesting, stochastics looking bullish, bounce off of support and TL, looks pretty good for gap fill to 523 this week with short term pt of 503.Think its safe to say that i'm bull on this one hahah. Any feedback is appeciated,happy trading and stay green!
Looking for the breakout of the descending triangle. I have much confidence that this company gets bought up or out- pushing share price up. At very least, a test to the $5 price level seems very possible at this time.
This equity has had plenty of time to consolidate at near the physiological support of $1,500. Descending wedge pattern and negative RSI divergence insinuates that a correction to the $1,300 could be seen this week. However, with price action supporting the current level very strong the last 2 weeks; a test to $1,650 is well within the range of possibilities....
TF: 8 Hr Price looks like it may want to keep moving higher to ~$1,000. price needs to hold above the $450 to $480 level to remain valid
Follow up on previous BYND post! BYND is forming the foundations of an ascending Triangle here. Earning were not bad, look at the Revenue! Take some off the table at $165, let the rest ride to $200!
NASDAQ:NFLX GAP FILL POTENTIAL TO THE UPSIDE. Targeting 520 Area before further move to upside.
TRADE SETUP Added on Aug. 4 as stock moved past high of Aug. 3. Entry at 505.90. BUY ZONE => $503.09 - $513.15 STOP LOSS Stop loss at close below Aug. 3 low (490.23) or first decisive close below 5-day moving average line. GOAL 5% to 10% profit goal (531.2 - 556.49) or first decisive close below 5-day moving average line. E ARNINGS DUE DATE Oct 16, 2020 Estimated
4 hrs accumulation ready for breakout 511-530-600 next
📈NFLX LONG D1 🛒BUY above = 499 🎯Target1 = 518 🎯Target2 = 550 🛑Stop loss = 466 🙈Risk = (2%-3%) #NFLX #NFLXLONG #BUYNFLX
I WOULD GO LONG OVER 160. LEVELS ABOVE ARE 165, 169, 176. OR GO SHORT UNDER 151. **ROKU REPORTS EARNINGS ON 8/5
Bollinger Bands beginning to Pinch preempting a significant move. Indicators are reversing after the post earnings selloff. Market sentiment remains bullish and gets a further boost from AAPL AMZN & FB earnings. NFLX may get dragged along for the ride higher. Targets $523 for gap fill $535 to Fibonacci Golden pocket