When ONE see a clearcut 5-wave move ONE knows instantly shite is going to happen when the 5th mini-wave of that 5-wave move terminates. All one gotta do is go with the new TREND and surprises galore will follow for the one point very few EVER get is that PRICE generates NEWS, not the other way around. PRICE is King, that's why AfterLOS needs NOBODY. So with NefFlix or any other outfit, get that 5-er correct and surprise-floodgates open for ONE.
100% dumb luck "I'd rather be lucky than good." I wanted to get short since the overall market has been selling off the last couple of days. When we broke the low of 433, I got short. Only after did I realize earnings was after the bell. My reasoning was that I would either make or lose $1,000 and to just let the trade play out. NFLX opened at 332, when it traded over 335 the option was 68.xx by 72.xx and I split the difference at 70 and got filled.
You made one freaking incredible trade with excellent risk management, well done! It was fun shorting NFLX, watching Big Money running for the Exit was cool! I hope Icahn was invested in NFXL, maybe we took cash from all the Hedgies?
Drawn like a magnet to $324 = 38.2% Fib retracement then to magnetized @ $272 = 50% Fib Then to = $160.50 Final station = previous 4th wave where fish and chips will be served = $53