NFLX 5/26 Weekly Plan
Expect a vac on 4h, 1D, nice pivots on the fibs, probably already bucked the trend downtrend seen on the hourly with green af futes. These plays will be heavily influenced by index direction. Plan for the short week starting 5/26 on NFLX .
1h: 14: 432.87 30: 442.55. Again ugly. looks like its in a comfortable downtrend.
4h 14:445 30: 441 - really ugly, might still vac
Daily 14MA - 440.23 30MA - 429.48
Weekly 14: 388.24 30: 353.07
TL; DR
Long above 431.32 R1: 437.80-439.10 R2: 453.47 (Daily 14MA 440.23, 4H_14: 445, 4H_30: 441 Target somewhere in the 440 area where I would exit)
Short Below: 420.63 S1: 407.75 S2: 394.84
1h: 14: 432.87 30: 442.55. Again ugly. looks like its in a comfortable downtrend.
4h 14:445 30: 441 - really ugly, might still vac
Daily 14MA - 440.23 30MA - 429.48
Weekly 14: 388.24 30: 353.07
TL; DR
Long above 431.32 R1: 437.80-439.10 R2: 453.47 (Daily 14MA 440.23, 4H_14: 445, 4H_30: 441 Target somewhere in the 440 area where I would exit)
Short Below: 420.63 S1: 407.75 S2: 394.84
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