NFLX Trade on Jan 20, 2021 09:33 from spyrosz: Tradervue User Stock Trades.

Earnings Report:
-- EPS miss, rev. beat +21% Y/Y
-- Net adds of 8.51M to 203.7M vs. guidance of 6.0M.
-- Conservative next Q paid memberships guidance = 209.7M (+14.7Y/Y)

Unexpected?? paid users growth and +15% premarket gap-up right below ATHs=$575.

Remained strong premarket, no reason to think fade here. Premarket plan was to get "long" at the opening flush to S1=premarket support pivot=$557-560 area for the pop back to R1=ATHs=$575. Then, re-evaluate based on price action.

NFLX couldn't play better. I could have played wayy better though:/

Flushed right into 1st and 2nd bid at the open,

got long Tier 0, risking tight stop below S1=$557, expecting the pop back to R1=ATHs=$575.

Instant +$15/share gain, sold bulk right in-front of target. Then I made a series of bad trading decisions.

Bad trading decision #1: Sold more essentially staying with tiny size when it rejected R1 to the penny putting a lower high, and looked ready to roll-over losing VWAP. Still in pennant though:/ Had such an exceptional entry, didn't feel pressure at any time, I should have given more room to prove itself. Heck I should have given stop to higher low.

Bad trading decision #2: How did I miss the R1=ATHs=HOD=$575 break-out? Clear Indy-long at 15min chart. Unacceptable:/

Bad trading decision #3: Having so little size left, I never should have gotten flat after R1 break. I should have trailed the 9EMA@15min for another +7-8/share gain.

Let's hope for flush back to R1=$575 tomorrow morning.