Netflix (NFLX) Scalping Strategy

🔥 Market Overview:
Trend: Short-term recovery, but price remains under key resistance.
Key Levels:
Resistance: $995.00, $1,010.00
Support: $987.00, $975.00
Indicators:
EMA9 near EMA200 → Price consolidating near equilibrium.
MACD negative → No strong bullish momentum.
RSI at 52.41 → Neutral, no clear divergence.
Risk of Short Squeeze? Low—only if price breaks $995.00.
Market Maker Activity: Some accumulation, but still within a range.
🔥 Scalping Strategy:
🩸 1. Momentum Scalping (If Breakout Above $995.00)

Buy near: $995.10
Target: $1,010.00
Stop-loss: $990.00
Risk-to-Reward: 1:2
🩸 2. Range Scalping (If Price Holds $987 - $995)

Buy near: $987.00
Sell near: $995.00
Stop-loss: $985.00
Profit Potential: ~2.4%
🩸 3. Breakout Scalping (If Below $987.00)

Short below: $987.00
Target: $975.00
Stop-loss: $990.50
Risk-to-Reward: 1:3
🔥 Mid-Term Trend Forecast (1-3 Weeks):
If $995.00 holds, Netflix could push towards $1,010.00 - $1,020.00.
If $987.00 fails, expect a drop to $975.00.
🔥 News & Market Context:
Netflix facing pressure to increase production in Los Angeles → Potential regulatory risks.
Stock up 1.31% today → Short-term bullish momentum but not decisive.
Earnings in 55 days → No immediate catalyst for a big move.
👑 Trade Rating (1-10):
Range Scalping: 7/10 (Good but needs confirmation).
Momentum Long Above $995.00: 8/10 (Breakout setup).
Short Below $987.00: 9/10 (Best risk-reward setup).
🔥 Decision:
🩸 Short-term Play: Range scalping $987 - $995 until a breakout.
🩸 Mid-term Play: Break above $995.00 = long; below $987.00 = short.
🩸 Ideal Play: Watch for price reaction at $995.00 before committing.

👑 Final Verdict: Wait for confirmation—price is still in a range.

🔥 LucanInvestor's Quote:
"Trade the setup, not the hype."