NFLX A Buy Now?
I walk through the Monthly Chart on NFLX and go over what I am watching as a longer term buy, as well as a couple trade ideas to consider.
I walk through the Monthly Chart on NFLX and go over what I am watching as a longer term buy, as well as a couple trade ideas to consider.
The S&Ps and the Nasdaq are stuck in a range. Eventually they will break out, but until then I’m playing the back and forth via short term trades.
The same signal that has been active for months in the indexes remains the primary signal, but now a critical part of the market (software) has reached support while another part of the market (hardware/semis) could try to trap bulls. Lots of moving pieces now, let’s review.
This is how I go through the markets quickly to find the best setups for the next trading day.