NFLX Trade on Oct 26, 2018 09:31 from boldandnuts: Tradervue User Stock Trades.

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boldandnuts

 

Together with NVDA I had NFLX on watch. Both traded in similar fashion.

NFLX also gapped down over night and sold into the Open, but consoolidated just below 300 a significant Level I had also marked and watched.

For support I had marked 294 290 286 and 275 marked down and for resistance 305.50, 312, 316 and 320.

Here I also waited for a relief move and placed a short just above 302 below premarket highs of 303. A bit too early and NFLX spiked to 303.50 before reversing.

I took profits at VWAP and 300 confluence as well as on the break of 300. The rest as it came up from above 297 missing my target by 30cents.

Somehow I ended up with 2 shares remaining. Can't recall that part. I wasn't worried and stuck with it.

I hesitated on the retest of 303.50 and expected a run higher.

After the breakout higher I watched the 305.50 level but hesitated on the 306 reject as the VWAP felt too close by.

NFLX pulled back and when it came to test 307 I placed limit order.

What can I say? I nailed that one and hit the high of day.

I took profits above 304 where I saw support that was ignored. Next above 303 at EMA9, below VWAP at EMA20 and rest above 301.


Execution detail:

Date/time Symbol Side Price Position
2018-10-26 09:31:00 NFLX sell $302.100 short
2018-10-26 09:32:00 NFLX buy $300.370 short
2018-10-26 09:33:00 NFLX buy $298.660 short
2018-10-26 09:33:00 NFLX buy $299.700 short
2018-10-26 09:56:00 NFLX sell $306.790 short
2018-10-26 09:59:00 NFLX buy $304.270 short
2018-10-26 10:00:00 NFLX buy $303.250 short
2018-10-26 10:02:00 NFLX buy $302.050 short
2018-10-26 10:05:00 NFLX buy $301.120 0


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