Netflix Scalping + Forecast (2-19)

🔥 Market Overview:
Trend: Strong bullish momentum, but facing short-term resistance.
Key Levels:
Resistance: $1,062.50 (Supertrend level), $1,080.
Support: $1,029.00, $1,007.00 (EMA 200).
Indicators:
MACD: Weakening bullish momentum—potential for a short-term pullback.
RSI: 56.11, showing slight overbought conditions but still in neutral territory.
Supertrend: Bullish, but the trend is flattening.
🔥 Scalping Strategy:
🩸 1. Momentum Scalping

Buy near: $1,040.00, targeting $1,060.00.
Sell near: $1,062.50, targeting $1,030.00.
Stop-loss: Below $1,028.00.
🩸 2. EMA Pullback Scalping

Buy near: $1,029.00 (Supertrend support), targeting $1,050.00.
Sell near: $1,062.50, targeting $1,035.00.
Stop-loss: Below $1,020.00.
🩸 3. Breakout Scalping

If $1,062.50 breaks, enter long toward $1,080.
If $1,029.00 fails, short toward $1,000.
🔥 Mid-Term Trend Forecast (1-3 Weeks):
If price holds above $1,029.00, expect continuation toward $1,080+.
If it fails, a retracement to $1,000 is likely.
The trend remains bullish, but consolidation is expected.
🔥 News & Market Context:
NFLX continues its uptrend, but momentum is slowing.
No major catalysts—price action is technical.
🔥 Decision:
🩸 Short-term: Scalping within the $1,029–$1,062 range is ideal.
🩸 Mid-term: Wait for a breakout confirmation.
🩸 Ideal Play: Trade within the range while watching for breakout potential.

👑 Final Verdict:
A strong trend does not mean a free ride—resistance is the test of conviction. Trade with precision or watch from the sidelines.

🔥 LucanInvestor’s Statement:
"Markets reward those who act with certainty. Hesitation is the graveyard of opportunity."