NFLX Trade I’ll detail the NFLX trade later today. In the meantime, leave a comment if you know why I entered or have a contrary opinion about the stock. Share this:TwitterFacebookGoogleLike this:Like Loading... 4 thoughts on “NFLX Trade” Add yours stock bounced off its uptrend support line, OBV is positive, stock showing great reletive strength vs overall market, as the economy slows people will turn to cheap alternative forms of entertainment, good volume yesterday, Gartman also is pumping the stock,the option addict is pumping the stock, AND cause the stock is giong to make new highs and hit 50! (ok maybe not 50) disclosure: long NFLX since 28ish when it broke to new highs… LikeLike Reply Would I be right in saying you entered because it appears to be consolidating after the recent rise, bounced off the middle of the BB which it has not pierced sine the uptrend began. Also the Stochastic has turned north? LikeLike Reply Great analysis guys. LikeLike Reply considering we have a macd crossover and an unfilled gap just below 30, I would avoid for now. a b/o w/ volume to new highs would change my tune LikeLike Reply Leave a Reply Cancel reply Enter your comment here... Fill in your details below or click an icon to log in: Email (required) (Address never made public) Name (required) Website You are commenting using your WordPress.com account. ( Log Out / Change ) You are commenting using your Google+ account. ( Log Out / Change ) You are commenting using your Twitter account. ( Log Out / Change ) You are commenting using your Facebook account. ( Log Out / Change ) Cancel Connecting to %s Notify me of new comments via email.