$NFLX - Try not to get cut FAANGirls

2018年7月19日

Been a while since I got short on a fresh bear trend. Better trading starts with blocking out the noise of consolidation & no confirmed trend. I've gotten so comfortable w/ my bullish posts I'm surprised I was able to find the bear fib as clear & concise as this lol. Daily chart is still favorable for longs, but realistically, near-term re-trace isn't necessarily my type of dip to buy. Came up on 60Min 50/200MA death cross, so after checking it out - this is where we're at: 20 + 45 EMA + 55 (low) MA contraction is obviously the price contraction of either three black crows, falling 3 methods, (etc.,) following the bull candle after earnings. Could see a 61.8% re-trace on a shorter chart duration, but if any, I don't see it getting further than the 71.6% mark that caused this gravestone doji in the first place lol. Realistically, I wana see $355-$358 on a next-5-day-basis before I took profits. Technically, you could go by the chart around $329 (which is about where 180WMA is on daily chart) before stopping out/taking profits. Overall, I'd like to see $329 - $330 give-or-take before I'd consider it a reasonable entry to go long. GL to all my FAANGirls out there.

2018年7月27日

註釋

Getting ripe for an impulse move. Wish I would've thrown in the 61.8% fib but - 78.6% ($376) is a bear trap, I'd wait for $385.50 (61.8% fib) to get short. Not a favorable time to get long but, the potential is there.

2018年7月30日

交易結束：目標達成