Netflix (NASDAQ: NFLX)
Trade : Buy Breakout
Entry : 512.5
Target : 669 (156.5, +30.54%)
Stop : 491 (-21.5, -4.2%)
Posted on Saturday, December 12, 2020
Note : Netflix stock attracts my attention. Its stock prices are expected to rise one notch higher. If they strongly break out the 512.5 level, it would be a buy-signal. If the prediction is right, target(resistance) price could be around 670. As of now, it is necessary to keep in mind that the stock markets and stock indexes are in an unstable phase. We need to keep the stop-loss rules strictly.
Trade : Buy Breakout
Entry : 512.5
Target : 669 (156.5, +30.54%)
Stop : 491 (-21.5, -4.2%)
Posted on Saturday, December 12, 2020
Note : Netflix stock attracts my attention. Its stock prices are expected to rise one notch higher. If they strongly break out the 512.5 level, it would be a buy-signal. If the prediction is right, target(resistance) price could be around 670. As of now, it is necessary to keep in mind that the stock markets and stock indexes are in an unstable phase. We need to keep the stop-loss rules strictly.
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