NFLX Trade on Nov 7, 2018 09:31 from boldandnuts: Tradervue User Stock Trades.

Support Play in $NFLX at the Open

$NFLX also gapped up over night and found resistance around 315ish if I recall correctly.

My levels for support were 313.50 (where $NFLX opened) 311 and 305.50. For Resistance I had 319 321 327 and 334ish.

At 311 there was a confluence of the Daily EMA9 and the previous days close. As my bias was long for the day I expected at least a test and some sort of bounce there. 

$NFLX also had no clear direction and I gave it a shot but entered 312 as it was very volatile and it looked like I would get no better fill. 

I took a partial at 314 and another into 315. This clearly was too early, but I wanted to lock in some profits. 

Really did not trust how the market traded as I expected a retest of the SMA200 below in the $SPY. Hence also a selloff in my proxy stocks. 

Eventually I took off the last piece in what I thought would be a spike back into VWAP before a selloff, but turned out to be a run into 317 where I had planned my last exit. 

$NFLX pulled back to make another higher low and started a run to 328. Missed it.