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BABA & NFLX Stopped Out

With today being a slow day I have update the official short trade ideas, with the following trades to be moved to the Completed Trades archives as they have recently exceeded their suggested stops. NFLX (Netflix Inc) hit the suggested stop for a 5.6% loss on Dec 28th but is on watch for another short [...]

Jan 9, 2018 2:34pm|Categories: Completed Trades - Short|Tags: , |1 Comment

NFLX Trade Idea

NFLX (Netflix Inc.) offers an objective short entry on this impulsive breakdown below the uptrend line following the divergent high. An alternative entry or add-on to a partial position taken here would come on a break below the 176.44 support OR following a 3-4% bounce off the first tag of that level. NFLX daily [...]

Dec 4, 2017 11:30am|Categories: Completed Trades - Short|Tags: |0 Comments

NFLX AAPL Deja Vu

NFLX (Netflix Inc.) is soaring in after-hours trading following their quarterly earnings release. When I look at the weekly chart of NFLX as well as the price & volume action along various technical indicators, I see some almost uncanny similarities between NFLX today and AAPL when it put in a major top back on April [...]

Jul 17, 2017 6:51pm|Categories: Equity Market Analysis|Tags: , |7 Comments

NFLX Swing Trade Setup & Entry

Wash, Rinse, Repeat. After the previous short trade on NFLX hit the final target, the stock experienced a typical reaction off that level followed by one more thrust lower while going on to put in a divergent low on the 60-minute time frame & recently breaking above this recent falling wedge pattern. With the stock [...]

Jul 10, 2017 12:24pm|Categories: Completed Trades - Short|Tags: |2 Comments

NFLX Final Price Target Hit for a Quick 10.5% Profit

NFLX (Netflix Inc.) has hit T2, the final official target, for a quick (4 session) gain of 10.5%. Consider booking profits or at least lowering stops if you plan to hold out for additional gains. The 147.70 level is a key support level, both uptrend line & horizontal price support, which would trigger a more [...]

Jun 15, 2017 1:04pm|Categories: Completed Trades - Short|Tags: |Comments Off on NFLX Final Price Target Hit for a Quick 10.5% Profit