Shared by
boldandnuts
Uff. NFLX again. I did good at the beginning after the desasters of the past days and was patient. However I still managed to be too early later and did not wait for confirmations.
NFLX again consolidated out of the Open and Ranged abvoe 328.50 support and 330 resistance to break out after 5 minutes.
Resistance: 332 335(200) 336-337 341
332 broke and I kept watching it for some sort of consolidation. 333.50 turned out to be rejected and I took a stab here with tight stop above that level. Good Entry. NFLX spiked lower but did not hit my target 332. Took partial on the break up of 333 and rest off break-even. Good call.
Next leg up towards 335 and the SMA200. Added back and same happened again. target of 334 tested not filled. profit at half dollar break. Stuck to see retest of SMA200. Target finally hit and stopped rest break-even on yet another test of SMA200
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2019-01-25 09:46:00 | NFLX | sell | $333.340 | short |
| 2019-01-25 09:50:00 | NFLX | buy | $332.960 | short |
| 2019-01-25 09:53:00 | NFLX | buy | $333.376 | short |
| 2019-01-25 09:59:00 | NFLX | sell | $335.180 | short |
| 2019-01-25 10:02:00 | NFLX | buy | $334.620 | short |
| 2019-01-25 10:08:00 | NFLX | buy | $334.010 | short |
| 2019-01-25 10:12:00 | NFLX | buy | $334.800 | 0 |
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