NFLX reference areaHello dear investors
First we are yet into our uptrend corridor but you should keep eyes on my reference area :
As you see on my modest chart the yellow area is the the battle zone between buyers and sellers:
- if price is above it, you are safe as a buyer
- if price becomes under the zone we can say that sellers had won the battle and they will push the market down and down
good luck
Netflex
The stock price of Netflix is experiencing a slight decline.It appears that Netflix shares are attempting to regain their position at 287 dollars, as the current trend seems to be a pullback resulting from the previous breakout of support. It is noteworthy that the price does not seem to be heading any lower, and instead, a strong upward movement is anticipated, which may lead to the price rising to a minimum of 349 dollars.
my day trade plan on NETFLEX.Disclaimer: I do not give solicitation to buy or short
==
I cover various stocks which can be profitable based on the stock charts and technical indicators. I try my best to explain as detailed as possible but your feedback is also appreciated
Before you enter a trade , one must learn how to master the charts as Stock charts play a big role in deciding when to buy or when not to buy. Technical Trading help in predicting price movements and have a risk management. Stock trading is like any other business and must be taken seriously. Lot of people lose money because they don't educate themselves and end up placing trades blindly which results in big losses
Stock charts is the major component day traders, swing traders, core traders use. Times and technology has changed and if you cannot adapt to the new methods , there is a high chance you will be left behind
Millions of shares are traded now using desktop , laptop or gadgets and stock charts is what majority of traders look at.
So , if you want to be a daytrader , swingtrader or coretrader learn how to read and interpret charts. There are lot of great books out there like Thomas Bulkowski's Encyclopedia of chart patterns and Steve Nison Japanese Candlesticks interpretation
Having someone experienced can also cut the learning curve time for a new trader. Trading does take time and with discipline , hardwork , dedication and most importantly Passion for this needs to be there.