NFLX Trade on Nov 20, 2018 10:35 from boldandnuts: Tradervue User Stock Trades.

Better Trading in $NFLX

I did perform better in $NFLX. Volume was average, but I liked how it traded as I was more patient with my entries. 

Support: 254.50 250 248 and 228

Resistance: 269 270.60 (close) 277.50 282

After $NFLX had broken out of VWAP and came close to its first pivot I watched closer. When it appeared to have found resistance aboe 268 and below 268 to form a decision candle I used 268 for an entry anticipating its break. 268 held. 

$NVDA made another leg up adn I added 270 for more at 272, but 271 was it. My average at 269 where it now found local support. Great, not again. 

I stuck with it and had my first target at 267.50. Took it too early as it dipped below 267 before making another leg up to test 272. Took off more on the break of 268.50 on the way up . 

At the Decision Candle at 272 I added on its break at 271.50 for an average of 270.60. Right at its close and possible support that happened to hold. Took off half there. 

NFLX traded higher once again, but choppy to spike into 273 and then sell off hard. I did not add back on the break of 272 and low of another Decision-Candle as the past trades turned out to be difficult. Just wrong. Take your trades when you can!

However I was patient with profits. I waited for 269 to hit and next target at 267 but kept 4 stocks. Just take it off...

NFLX was strong and tested 273 again. I saw the weakness, but it was a fakeout and I am happy I watched instead of trading it. Saw it coming.

I started to add into 275 and NFLX tested above it 3 times before rejecting the level. 

Below 273 I took a partial and off the rest as it broke back above 273.50.