NFLX
SHOP LEVELSI WOULD GO LONG OVER 928 FOR A MOVE UP TO 958, 973, 1000. IF SHOP FAILS AT 928, IT CAN MAKE A MOVE LOWER TO 870.
Trade Idea: 1000C 7/24
NFLX LONG SET UP (Netflix)TITLE/(DATE)- NFLX/USD (7/16)
ASSET- STOCK
PLATFORM-MT4
ORDER TYPE- BUY LIMIT
Time Frame-4hr
ENTRY PRICE 1- $478.50 (pending)
ENTRY 2- $471.50 (pending)
STOP LOSS- $468.50(100 PIPs)
TAKE PROFIT 1-$488.50 (100 PIPS)
TAKE PROFIT 2- $498.50(200 PIPS)
TAKE PROFIT 3- $508.50 (300 PIPS)
TAKE PROFIT 4- $528.50 (500 PIPS)
TAKE PROFIT 5- $548.50 (700 PIPS)
TAKE PROFIT 6- $568.50 (900 PIPS)
STATUS: Pending
Netflix stock plunged overnightNetflix (NFLX) earnings miss and weak subscriber guidance. The coronavirus stock market rally retreated Thursday, closing near session highs but with growth names lagging again. Earnings season adds another layer of risk for investors.
Netflix stock plunged overnight, wiping out nearly all the gains from its most-recent consolidation. Netflix earnings were disappointing. Meanwhile, Netflix subscriber growth was strong, but the internet TV streaming giant forecast weak gains for the current quarter.