$NFLX: Weekly uptrend confirmed

By IvanLabrie
Updated
NFLX has flashed a series of weekly uptrends, and in the prior two occurrences, it reached the target really quick, within the first 1-3 bars. With earnings due it could be about to surge higher fast, but of course there's a risk with going long ahead of earnings, I generally don't take trades ahead of earnings unless I'm up YTD. Keep an eye out for continuation here, setup looks solid.
Best of luck!

Cheers,

Ivan Labrie.
Trade active
snapshot

Probably safe to buy this one after earnings, new weekly high, CEO stepping down...
Trade closed manually
Maybe exit and figure out what happens after FOMC. Last: 360.77
Comment
$357.40 sorry
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