This is what I see based on monthly support levels I believe we will bounce off of short term support and head upwards hopefully by the end of next week. The roll over at 375 does look like heavy resistance therefore my TP would be around there. If we make it to 375, watch those levels as a big move should be in store, I am overall bullish on Netflix but refuse to...
As the title says Late into friday trading you will see the sexy bullish action within the candle sticks, i see three bull flags, maybe im wrong Quick stop to avoid a real dump since i believe this stock has corrected and consolidated enough but can still make new ATH
This stock took a massive hit a few months and has been recovering under positive news(check 1 year) Massive bull flag with a 1 month breakout above 200 EMA and VWAP Chart shows 1 month Gapping up to 12+ USD shoudn't be a problem in the coming weeks
Shop had a nice day on friday with one of the stronger bounces, decent buyers, look for SHOP to hold above the VWAP(yellow line), 200 day moving avg(red curve line) on the 5 day at open to validate uptrend. I believe overall market direction on monday can have a big impact on this trade.
Overall market sentiment Chip stocks cooling off, Yearly trend Shows safe trade Price action on friday showed alot of sellers at 275 My entry was 274.50 put option expiry 9/16 strike 272.50, up 27% Trade Active
This short goes with over all sentiment in market along with yearly trend. I believe it is low risk considering the price action it displayed on friday, while everything had a dead cat bounce, I believe NVIDIA performed poorly as more sellers came in during the later half of the day and after hours. Setting stop loss above previous red candle. Would be nice to...