NFLX up trended starting June 1st through an upper long term anchored VWAP
to the next higher VWAP line coinciding with earnings. NFLX dropped after
good earnings probably because investors expected even better. On the 30
minute chart, NFLX has more or less completed a 45-55% retracement of that
trend up and is now sitting on the VWAP line that it crossed back in early June.
Volumes are decent above their moving average. The zero-lag shows a line
cross under the histogram which just converted to positive. I analyze this as
suitable for a long entry targeting that higher VWAP band line at 495 with
a stop loss at 415, the recent pivot low. I will take both a stock trade of
10 shares and a call option striking 475 expiring 8/18 NFLX calls have treated
Nancy and Paul Pelosi quite well for a long period and I have enjoyed smaller profits
from smaller positions in the same time frame . This looks like another opportunity.
to the next higher VWAP line coinciding with earnings. NFLX dropped after
good earnings probably because investors expected even better. On the 30
minute chart, NFLX has more or less completed a 45-55% retracement of that
trend up and is now sitting on the VWAP line that it crossed back in early June.
Volumes are decent above their moving average. The zero-lag shows a line
cross under the histogram which just converted to positive. I analyze this as
suitable for a long entry targeting that higher VWAP band line at 495 with
a stop loss at 415, the recent pivot low. I will take both a stock trade of
10 shares and a call option striking 475 expiring 8/18 NFLX calls have treated
Nancy and Paul Pelosi quite well for a long period and I have enjoyed smaller profits
from smaller positions in the same time frame . This looks like another opportunity.
Giao dịch đang hoạt động
Sideways movement in a chaotic week More time for accumulation and coilinglays the foundation for good price action upcoming.
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.