For new comers, NFLX has a buy strategy around $ 380-400 for now, and placing stop-loss $ 350 below is suggested. Profit order should be place somewhere $ 480-485.
For those already LONG, take profit $ 480-485 as well and move stop-loss higher to $ 398.
The bottoming formation looks good and we even have a GAP higher suggesting we had some interesting transaction in the background happening.
For those already LONG, take profit $ 480-485 as well and move stop-loss higher to $ 398.
The bottoming formation looks good and we even have a GAP higher suggesting we had some interesting transaction in the background happening.