NFLX - Netflix

[rfdrfd]

NFLX is doing a break out. It went above previous high of $90, and coming back down for a re-test. One would go long say 88.94 area. Stop be 87.50.

Target 1 looks quite promising near $99 or 100


See if this works out.

[rfdrfd]

To learn about breakout plays: http://lessons.tradingacademy.com/ar...rking-for-you/

[rfdrfd]

Well, this worked 100%. Except the entry was actually at the breakout point at $90.

[Prophet01]

rofl these kid and that other kid antonylingo crack me up

gotta love it

[rfdrfd]

rofl these kid and that other kid antonylingo crack me up

gotta love it

You like to lose money I guess?

You all crack me up too. Every time I post a winning trade, you all somehow see the opposite and say it cracks you up? Are you all like living in the opposite world or something? Your statement is totally incorrect yet you think it is?

[rfdrfd]

96.30

[rfdrfd]

continues to profit, up to 97.26 even as Markets are lower.

Again, proving big institutions uses Technical Analysis

[ChameleonOne]

I think the problem to why people start bashing you is that you hype yourself and the academy you attend to so much.
If you just gave friendly advice here and there, people wouldn't bash you.

And I have an honest question: Is this your full time job? If it is, I understand your dedication to it.

[rfdrfd]

I think the problem to why people start bashing you is that you hype yourself and the academy you attend to so much.
If you just gave friendly advice here and there, people wouldn't bash you.

And I have an honest question: Is this your full time job? If it is, I understand your dedication to it.

Appreciate your comment. I am not trying to hype anything, but I know it comes across that way. I only state the school to show everyone that this is not from my own head but based on real education.

TA really is how the markets are being traded. Its reality. Everyone that doesn't trade that way is simply going to transfer their money to those big institutions.

[rfdrfd]

there we are, NFLX continues to go up, now at $136

Now up 51% from my initial $90 (see above) entry post

[sirex]

and it could have dropped 30% on bad news.

[dlhunter]

and it could have dropped 30% on bad news.

who cares what it could have done? it's UP 40% and if you're not in it, you missed an opportunity. Not a bad thing, as market always provides opportunities. You just have to grab them. Congrats on your call, good job. Don't let your winnings turn into a loser.

[rfdrfd]

$149 high !!

[Immortal]

Thought about buying last year now kicking myself but again, I didn't' buy because 40% drops is also possible and I know I can't take that kind of risk. Anyhow, congrats to anyone that bought netflix.

[sirex]

who cares what it could have done? it's UP 40% and if you're not in it, you missed an opportunity. Not a bad thing, as market always provides opportunities. You just have to grab them. Congrats on your call, good job. Don't let your winnings turn into a loser.

you should care. he is using what his techie folks taught him to predict a breakout on an EARNINGS DATE.

That is completely lob-sided and doesn't make any sense.

While there can be some patterns in day-trading/etc, in these situations, the end of the day it's not the technical analysis, it's the numbers.