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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