Netflix, Nasdaq
Dear followers and copiers,
First, I would like to wish everyone Merry Christmas and Happy New Year!!!
One stock before the bell 🔔 We will be
taking a long position $Netflix (NFLX.US)$ at the market opening $613.50
✅ Supported at the double-top neckline level (S1), indicating an entry-level.
✅ The MACD is indicating a buy signal.
Directional view – Bullish bias, reversal pattern has spotted (double-top), and confirmation has been proven, bounced back at the support level (S1), and we are currently looking at the following Resistance line (R1) $643.28.
💭 Trade Idea
🔊 We will be taking a “long” position and open trade at the price of $613.5
🔊 With a TP set at $653.
🔊 Bullish view will be invalidated if the price drops below S2. Stop Loss to be set at S1($573).
p.s. Encourage to adjust based on personal risk and return preference.
Current price: $614.24
Market Opening price: $613.5 ⬇ (-0.12%)
Opening price: $613.5 (market)
$NASDAQ (NASDAQ.US)$ $Netflix (NFLX.US)$
✅ Supported at the double-top neckline level (S1), indicating an entry-level.
✅ The MACD is indicating a buy signal.
Directional view – Bullish bias, reversal pattern has spotted (double-top), and confirmation has been proven, bounced back at the support level (S1), and we are currently looking at the following Resistance line (R1) $643.28.
💭 Trade Idea
🔊 We will be taking a “long” position and open trade at the price of $613.5
🔊 With a TP set at $653.
🔊 Bullish view will be invalidated if the price drops below S2. Stop Loss to be set at S1($573).
p.s. Encourage to adjust based on personal risk and return preference.
Current price: $614.24
Market Opening price: $613.5 ⬇ (-0.12%)
Opening price: $613.5 (market)
$NASDAQ (NASDAQ.US)$ $Netflix (NFLX.US)$
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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Technical Analysis w 3 years trading experience! Will start w weekly investment pitch & trade here soon! Follow me!
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