vatsid

vatsid

is that the descending wedge evolves into a 61% Fib as it has in the past.

vatsid

If/when it resolves upwards, 61% retracement not atypical. Watch for double bottom. Target $40-45

vatsid

Reversal potential soon. Prior two wedges have retraced at least to 61% Fib, Potential 40-45 in 6 mon

vatsid

that perform well over long term. Hindsight is 20-20, I sure missed it

vatsid

Same as $AMZN, great business, but likely to throw a SALE

vatsid

Don't like toe look of the steepness, More likely to take elevator down soon

vatsid

If EOM < $109, likely drag down into 90s.

vatsid

Probably gunning for $430s, intersection of longer term TL and 61.8 Fib

vatsid

Rising 20 EMA, flat to rising 50 EMA, 20/50 EMA cross will make it bullish

vatsid

See what a simple price-only- pays daily renko says of $NFLX

vatsid

Consolidating. Exit if 50/20 DMA cross

vatsid

Hedged Long call position till worst case nt target $500

vatsid

> $99.5 AND if 20 /50 DMA cross up

vatsid

after $18.5. Continuing in Long Jan calls until price x 20 DMA cross down

vatsid

on 20/50 EMA cross

vatsid

Also a pullback to 50 DMA/$108.62 would allow MAs to catch up. Resistance @ $118.8 area.

vatsid

To be long, I plan to wait till the 'bear flag' resolves one way or the other. Watching.

vatsid

Expecting a breakout soon. I respect 10/40 WMA cross