NFLX

1st sign of positive price action but not out of the woods yet.

 

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.

 

Bounce in a downtrend continues. Look to sell this rally

 

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

 

Start looking at selling here. Long term downtrend continues are this rally is getting a bit overbought.

 

The bulls looked happy yesterday and they deserved