NFLX Trade on Feb 15, 2019 09:38 from boldandnuts: Tradervue User Stock Trades.

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boldandnuts

 

Good Entry on a Pullback to VWAP and Decision-Candle.

Long Bias above 360 resistance with resistance at 362.20 367.40.

I saw NFLX find a bid after the open for a red to green move without opportunity to enter on the break of 360 as it was within the no-trade time limit.

NFLX traded into 363 and found resistance just above that to pull back into VWAP.

Here it formed a rather large Decision-Candle. After it, it pulled back and when the run up started I jumped in to anticipate the break of highs and full dollar of 362. Volume wasn't as great as I had wished for and spreads were wide.

It initially made a move and broke out, unfortunately it made a setback and I did not trust it. I took the trade off break even just moments before NFLX started its run higher. Missed the whole party and had hesitated to jump back in as it felt like chasing.


Execution detail:

Date/time Symbol Side Price Position
2019-02-15 09:38:00 NFLX buy $362.118 long
2019-02-15 09:38:00 NFLX sell $362.120 0


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