Netflix, Inc.
Long
Updated

Long NFLX

192
What a Gap!

Clear those Ema's and I think we got a ride back to 550.
I would say this is especially favorable if the weekly/daily breakout in tech QQQ sticks.


Note
We've entered the gap -
Great R/R here on a position.
a personal stop loss "zone" for me would be around 511-513

We're looking at about 4-6 pt risk for 30+ pt upside
these are the ratios I like...
Note
Dangerously close to top of trend here. (blue top downtrend line)
If you have a position I'd suggest securing some profits.
Trade closed: target reached
Trendline reached,
gap fill is a few pts away. You can hold if you like.

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