How To Use This 3 Step System When Trading NetflixThe 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 NASDAQ: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 NASDAQ: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:
-The price has to be above the 50 EMA
-The price has to be above the 200 EMA
-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.
