$NFLX 120p ~ 100% from lows. More to come? Or bounce? Watching market.
NFLX
- Thread starter Phill Twist
- Start date
$NFLX During last six month period, the net percent change held by insiders has seen a change of -61.86%.
$NFLX as long as above 114 face rip to 125 at any time. Positive MF is a start but need 118.02 and 119.51 to b/o
$NFLX short killer coming back. 116c > 25% off lows...
$NFLX as cited the Powers want kick shorts again this am! 116c ~ 100% off lows. That has to sting?
$NFLX nice reversal! 116p > 300% from lows.
$NFLX could get interesting this morning...
Phill, Thanks for your commentary on $NFLX, I follow it pretty regularly. While I am a novice trader, I focus on watching Netflix as a start. It seems like the stock will make an initial low right as the market opens, then rise, then retest that low, then rise again. Do you see that pattern? What do you see the stock doing next week? I think it will retest 114.
$NFLX flirted with disaster at the $116 line. Below and its bad. Now 119, 121 and 124 are key. Through 126 and we should see 129-131
So I need an experienced traders help. I did a little research and looked at Netflix historical stock price. I didn't do a very extended period of time, but for the month of December if you simply bought Netflix on the open and your goal was to make 1PT. You would successfully make that trade 83% of the time. Just glancing at the data, it seems that way for the months of November and October.
If I traded 100 contracts at a time… You do the math. The probabilities seems quite high. Any thoughts?
If I traded 100 contracts at a time… You do the math. The probabilities seems quite high. Any thoughts?