NFLX Trade on Jan 16, 2019 10:03 from boldandnuts: Tradervue User Stock Trades.

My levels for NFLX were 357 and 362 above for resistance.

Below I had 350ish 347 Gap Entry for support.

First attempt. At 352 NFLX spiked below and came back up to consoldate a bit. When it looked like it would hold the level I gave it a stab. NFLX made a move higher but I was not filled on the offer for a partial. A bit worried I stuck with it as I missed to take it off break-even. Bad call.

NFLX made another leg lower, but did not hit 351. No add. However it formed a nice decision-candle just below 352 which would have allowed for an add on its break.

NFLX made a move and this time my target order at 343.30s was hit and filled. Stuck with the rest, but when NFLX could not move through 354 I took another half off on the break lower. REally should have taken off the last piece on the backside in hindsight. Once 353 broke.

Stuck with the last piece and watched it for my 350 pivot. My Entry was too early. I placed a bid above 350 when I saw it hesitate at 350.50 and it looked like it would just spike lower and then reverse. It did not. NFLX broke 350 and formed a indecision-candle (new name :-P) around that level. The high would have given me same entry, hence ok.

Next support at 347 and I was confident it would hold for the distance we were away from VWAP. Unfortunately we never made it there.

At 348.50s NFLX slowed and found some support for a moment. On a retest of lows I added on the bid another partial with 347 in mind for at least half a tier to get my average price down.

NFLX wasn't done yet and we even tested above 348. I was really surprised when it made that strong move up and cracked the 349 level with ease.

I wasn't happy with my average, but also not worried about it either. Still I took off half break even. And the next partial on the smallest pullback. Why so afraid???

I had 352 in mind as target. Plenty of room. Took another partial towards 351.50. Scaled more out above 352 into strength.

Stuck with the last 5 shares.

As it was not clean, I did not add on the test of 350. For a moment my Break-even at 349.78 was tested but I decided: NO. Let it play out. I would have been stopped out by the cent!!!

Good to stuck with it. Took next rest at VWAP.

No stop in this strategy as I play for a bounce and try to get a good average in between the lower third of lows and VWAP. There is always some sort of pullback and if a stock is really weak I take off the trade at break-even or scale out towards it. Just to add back at new lows and the next pivot or/and sign of reversal/bounce. Lowering my average price more for a potential move towards VWAP. Strategy still in progress.