Reallifetrading
NFLX thoughts and sentiment after earningsOn NFLX - Newsome thinks this gap is very similar to Google 10/2013.
The one small difference is the large run up and gaps before NFLX gapped up. Therefore, in a month or so, when the daily EMA's catch up, buy the bounce. NFLX is headed into the $600's. There's nothing stopping it.
NFLX is a gap and go - broke out of resistance / distribution phase.
Analysis on 4/16/15
CSX Day Trade Retest Gap (Apr14,2015)If CSX opens a bit below 32.71 consider using the Retest Gap strategy. Watch out for potential support at 31.59 To learn to trade this strategy for free go to www.RealLifeTrading.com
FAS weekly bull put spread / possible condor. 117/116 weekly bull put spread .09 limit
I will only look at this spread if we closed below 120 on the hourly.
Look to leg into a 129/130 bear call spread. IF you do both legs together, .15 limit on the condor expiring this week. I would not look at bear call spread unless FAS closes above 127 on the hourly.
Could consider buying a shorter term call if FAS breaks 125.11 resistance.
SMH Day Trade Retest Gap (Brad Reed Apr6,2015)SMH expected to gap to 53.70 for a Retest Gap. To learn to trade this strategy for free go to www.RealLifeTrading.com
ON Day Trade Perfect Gap N Go (Brad Reed Apr1,2015)ON expected to open at 11.42 for a Perfect Gap N Go. To learn to trade this strategy for free go to www.RealLifeTrading.com
CONN Day Trade Retest Gap (Brad Reed Mar27,2015)CONN expected to open at 30.00 for a Retest Gap. Watch out for slightly low volume. To learn to trade this strategy for free go to www.RealLifeTrading.com
OREX Day Trade Retest Gap (Brad Reed Mar27,2015)OREX expected to open at 7.85 for a Retest Gap. To learn to trade this strategy for free go to www.RealLifeTrading.com
ZAYO Day Trade Gap N Go (Brad Reed Mar27,2015)ZAYO expected to open at 29.35 for a Gap N Go. Watch out for nearby pivots. To learn to trade this strategy for free go to www.RealLifeTrading.com