NOTES ON CHART- LOOKING TO PLAY THE RANGE VIA CALLS/PUTS NEXT WEEK, WILL UPDATE WITH STRIKES THIS WEEKEND
10% SHORT FLOAT 20, 50 MA POINTED DOWN SO BE CAREFUL EASY TO MANAGE SPOT, STOP UNDER THU LOW JULY 20 105C @1.6
LONG OVER TODAYS CLOSE RUN INTO EARNINGS 8/8 12.6% FLOAT SHORT
WATCHING NFLX HERE AT TRENDLINE SUPPORT AFTER LOWER HIGH IDEALLY EITHER BOUNCE OR BREAK AND DRIFT TO 50MA/HORIZONTAL SUPPORT AREA PREVIOUS BUYERS SHOWED UP IN 380S
STILL LIKE LONG DEPENDING ON EARNINGS REACTION
bullish triangle. Im thinking up for a couple weeks here.
looking for long ideas as amazon weekly chart showing trend continuation with bounce off 10ma
80% SHORT FLOAT SHOULD PROVIDE JUICE FOR A MOVE HIGHER ON A CLOSE OVER 44ISH. EYEING JULY 20 45 AND 47 CALLS AROUND $2 AND $1.4 RESPECTIVELY. WILL UPDATE IF SETS UP AND WE CAN CATCH IT