NFLX Trade on Nov 13, 2018 09:56 from boldandnuts: Tradervue User Stock Trades.

Hesitation in $NFLX at The Open

$NFLX bounced with the market. Levels for resistance were 298-299 and 303.75 above. Both levels held during the day. Below I had 290.50 and 287.50 to see 289.50 mark the low of the day.

I really hesitated when $NFLX ran into 299 as I thought it is not too far enough away from VWAP. Big mistake. It respected its level and sold off for 10 points. yayyyy. Didn't even bother to enter at the 2nd attempt it made above 299. Scared of being trapped in an all day grinder I suppose. 

Trade#1 for a Bounce

My 1st entry was too early as I saw $NFLX catch a bid and regain 292.50, but did not make it above 293 or to my first target at 293.50.

I took off half when it cracked below my entry to add back into 290.50. So I did. I was insecure though as $NFLX spiked into 290 twice and looked like it would sell off further, but eventually bounced.

At 293 I took my first partial and sold on the way up to evenutally not take my last piece off at VWAP, but when it cracked back down. Good, but late call.