Dgabriel's Swing Journal

THis chart shows the a confluence of retracements on NFLX betrween 44.59 and 46.33, and if there is support here, I would look for a long entry, if it pierces through, I would consider a short entry.
 

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Nice bull flag. High Friday was 17.42, Thursday, 17.43. If resistance is broken, maybe it'll continue.

Needs good volume like 10-30 and 11-5.

If it gaps, then I will wait. 11-5 had a major gap and then a seloff.
 

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This is setting up a cup and handle, the handle is kind of long . The gap has been filled, and if it resumes upward, I will look to take it long in a couple of phases: as it works up to the pivot and if it takes out the pivot on the upside.

THe pivot is the top of the right side of the cup, the horizontal line I drew is off.



Post script:

THis popped because UNH announced it would acquire the stock. Different story. That changes the TA dynamics on this.

UNH is selling off big, but it looks like it will bounce. IF so, then this will too.
 

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THis is a nice contrast to MME, in that it looks similar in general form as a cup formation but it is in a much different current state.

While bith these got sold hard 4 months back the ascent on OHP is longer and slower, and earnings caused it to sell hard, the CEO said the pool of insured is shrinking.
 

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Nice journal dg'. You have provided a lot of good setups.

I read elsewhere some of the things you do each evening preparing for the next trading day. About how much time do you spend preparing?

Thanks.
 
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