1st sign of positive price action but not out of the woods yet.
NFLX
- Thread starter Phill Twist
- Start date
107.1 - 107.3 max upside possible today (tho' likely to struggle with 105). Hits a couple of major TLs at that upper target imo.
Netflix folk, so watching this blue trend on the Weekly close line chart. As well as 50 Weekly RSI. Basically would like to see if it crosses that blue trendline on a week close. 50 Weekly RSI has been make or break for this before.
Not a super busy day yesterday but did trade $NFLX puts. Pick your spots. When the market is not doing much, you should be doing less.
Funny thing, market slamming most, and this holding so when stabilization comes, its an easy dart to teens, and i mean E-Z.
Wish the dumb money would buy more of this so I can scoop up cheap puts like last year. The water's fine folks. Dive in,perfectly safe
NFLX still remains in the hands of the bulls as long it's above weekly pp..will consider SS if closes below $102
The bulls looked happy yesterday and they deserved
