How To Use This 3 Step System When Trading Netflix

The challenge with trading stocks is that you
are not supposed to use high margins..
in this case you should not use more than 3X

However, there is an advantage that you can use to
take advantage of this stock NFLX .
You can see that if you look at the chart

There is a coming earnings report.
This is a strategy I learned from Tim Sykes
its called earnings winners..

Now it doesn't always work but when it does
you will see a gain..a gap
if the gap doesn't happen

then you can still hold it as an investment
but Ideally, a gap should happen.

I am guessing it's based on the market reaction
to the CPI reports.
Right now the stock market is in

a recovery mode and so in
this earnings season you are going to
see gaps like no man's business

This stock NFLX
is one of them gaps you are going to
see

now again it might or it might not
happen
either way you can hold as an investment

This is called the rocket booster strategy

it has 3 steps:

  1. -The price has to be above the 50 EMA
  2. -The price has to be above the 200 EMA
  3. -The price has to gap up to a catalyst


In this case the catalyst is the earnings report.

In order to learn more rocket boost this content right now

Disclaimer:Trading is risky, please
learn risk management and profit-taking
strategies.
Chart Patternstradingview

Pubblicazioni correlate

Declinazione di responsabilità