IvanLabrie

$NFLX: Weekly uptrend confirmed

Long
IvanLabrie Updated   
NASDAQ:NFLX   Netflix, Inc.
$NFLX has flashed a series of weekly uptrends, and in the prior two occurrences, it reached the target really quick, within the first 1-3 bars. With earnings due it could be about to surge higher fast, but of course there's a risk with going long ahead of earnings, I generally don't take trades ahead of earnings unless I'm up YTD. Keep an eye out for continuation here, setup looks solid.
Best of luck!

Cheers,

Ivan Labrie.
Trade active:

Probably safe to buy this one after earnings, new weekly high, CEO stepping down...
Trade closed manually:
Maybe exit and figure out what happens after FOMC. Last: 360.77
Comment:
$357.40 sorry

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