NFLX Trade on Oct 23, 2018 09:30 from boldandnuts: Tradervue User Stock Trades.

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boldandnuts

 

A perfect Trade in $NFLX

$NFLX gapped down with the market over night and respected the 320 level during premarket.

For support I marked 316 and 300 and 327, 330 and 335 for resistance.

I was so confident about a starter at 316 that I placed a limit order out of the gates. As I watched $NFLX sell off to 317 and hesitate at that level I moved my order to 317 and figured I can add lower and was confident about some sort of bounce.

As it turned out I pretty much nailed the Bottom and made a huge play here.

My Exits were nice. Especially the first two on the spike.

I decided to let the rest play out with 325 to 327 in mind as final targets. Granted, 4 shares isn't much, but even that would have added another 20$ to the P&L.

Just think about it :-)

Eventually took it off as I was busy with $TSLA disaster and not as confident.

Later even missed the retest of 317 due to $TSLA.

https://youtu.be/qWxnaA3DcsQ


Execution detail:

Date/time Symbol Side Price Position
2018-10-23 09:30:00 NFLX buy $317.020 long
2018-10-23 09:31:00 NFLX sell $320.650 long
2018-10-23 09:31:00 NFLX sell $319.240 long
2018-10-23 09:52:00 NFLX sell $322.672 0


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