NFLX Trade on Jul 25, 2016 14:14 from ToqueX: Tradervue User Stock Trades.

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ToqueX

Grade=D
P/L=-0.4R

Daily chart: It was rallying into support in a range before a PR breakdown a few days ago.

Entry: I was bearish and was looking to fade the double top intraday. Price was not going to travel down; it was just going to settle in the middle. Stopped out.

Possible criticism: The volume is piddly. I'm chasing to the short side.

Execution detail:

Date/time	Symbol	Side	Price	Position
2016-07-25 14:14:44	NFLX	sell	$87.551	short
2016-07-25 14:18:52	NFLX	buy	$87.700	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=NFLX&trade=4738594&end=20160824&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=NFLX&trade=4738594&end=20160725160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=NFLX&trade=4738594&end=20160725160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=NFLX&trade=4738594&end=20160725144752&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

kunal00

2016-07-28 14:24:50

the market is so strong that things are really geting popped.. but also since this is not a low float stock remember that a retrace and a gap fill is often the case.. u get the tight flags after earnings more often on a low float stock. higher floats u retrace

NFLX Trade on Jul 25, 2016 14:14 from ToqueX: Tradervue User Stock Trades.

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