NFLX is the Next To Go

١٨ أغسطس ٢٠٢٣

NFLX has been very strong for over a year now. However, all good things come to an end. We have a Head and Shoulders pattern about to break structure.

Great Risk reward setup

٢٤ أغسطس ٢٠٢٣

ملاحظة

Keep an eye out for the CRACK!

٥ سبتمبر ٢٠٢٣

ملاحظة

Still waiting for the break. One more up

١٤ سبتمبر ٢٠٢٣

ملاحظة

Magic!

We got one more up and now CRACK!

١٥ سبتمبر ٢٠٢٣

ملاحظة

CRACK!!

١٨ سبتمبر ٢٠٢٣

ملاحظة

New low made

٢٠ سبتمبر ٢٠٢٣

ملاحظة

Like Magic NFLX continues to fall as I have warned it would.

MAGIC!

١٢ أكتوبر ٢٠٢٣

ملاحظة

NFLX continues to push lower as expected.

This is the type of high-probability success story you want in your investment career. Unbiased, unemotional, straightforward, simple, repeatable, set it and forget big moves.

١٩ أكتوبر ٢٠٢٣

ملاحظة

Despite the sudden move up, nothing has materially changed in the structure of the chart. This is a garden variety corrective move up after a persistent push lower. The fact it gapped up giving people no time to buy would indicate that there is little incentive to hold to defend the move. In fact, I would argue new buyers up here are more likely to puke it up should it start to fall. (weak hands) We have seen many bull traps play out in this market recently.