NFLX heads up into $1230: Major Resistance zone may give a Dip

21 Mei

NFLX has been on a tear but nearing a major resistance.
$1215.37 is a Golden Covid fib forming bottom bound.
$1231.61 is a minor Genesis fib forming the top bound.

It is PROBABLE that we see a dip from there.
It is POSSIBLE to consolidate within the zone.
It is PLAUSIBLE to break-and-retest to go more.

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Previous Analysis that caught the BOTTOM

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2 Jun

Dagangan aktif

Round Trip complete?

(yellow shaded area is from posting time)
Took a small short for 2% dip, closed at fib.

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What next?

The resistance zone is over 1% wide.
Possible scalp long on retest of Golden Covid at $1215.37
Break of top of zone (Genesis fib) at $1231.62 ought to FLY.

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4 Jun

Dagangan ditutup: sasaran tercapai

Tale of Two Pings

Bears may have missed their best chance.
Bearish PING on lower bound of zone.
Now two Bullish Ping''s have been HEARD.

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"Ping" is from "give me a ping Vasilly, One Ping Only"

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Barring a marketwide dump, we ought to gain velocity from here.

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