Call me a cow bc this is My Own Opinion, (MOO) So if you lose money on this dont blame me. Now with that out of the way, Nflx has been trading in a range that looks to be breaking out on the daily but there is overhead resistance right above and I do not believe we will break through and if we do, I believe it will be a bull trap so my bias is to the shortside on this ticker as of now. On the Monthly chart, a H&S looks to be forming in the last stanges now as the right shoulder in in construction. If that pattern comes to fruition, the chart was a downside target of 95 USD at time of writing 1-22-2023
I do this as a hobby. I am no professional but I am a profitable trader, which is more than most can say. I have struggles alot, failed alot, blew up accounts, (Multiple) but I learn something new each time. I have not blew up an account for equities since the end of 2021 (knock on wood) and I am up over 275%. I have been thinking about teaching and possibly doing a chat room type thing. ( Most likely free) but invitation only. If you follow this account, Just waztch my calls and if you like them, give me a holler and maybe I will consider doing something like that.
Stay safe, Stay green. Good luck guys!
I do this as a hobby. I am no professional but I am a profitable trader, which is more than most can say. I have struggles alot, failed alot, blew up accounts, (Multiple) but I learn something new each time. I have not blew up an account for equities since the end of 2021 (knock on wood) and I am up over 275%. I have been thinking about teaching and possibly doing a chat room type thing. ( Most likely free) but invitation only. If you follow this account, Just waztch my calls and if you like them, give me a holler and maybe I will consider doing something like that.
Stay safe, Stay green. Good luck guys!