TRADING TIPS

Here’s How to Know if NFLX will Hold or Not

July 19, 2018

Hubert Senters here. Let’s take a look at Netflix. Here’s how you know if Netflix is going to hold or not. There’s a key with a K. Not a T. Key criteria that you’re going to look at. So number one, the earnings. The thing got behind like crazy, most center this. And so it opened up here, close appearing now it’s pulling back. So if it holds the $50 slash $60 area on the pullback it’s probably going to be good. If it doesn’t then it’s probably going to fall through the cloud. So here’s what I mean by that. We’re going to grab this good old-fashioned Fibonacci. We’re going to go from this low to that high. Let’s zoom in here. If it holds this area right here, this $364.50 to $359.74 in this little zone right here then it will bounce out of here and go make an all-time new high. If it doesn’t hold this key area right here, it will take out this most recent low and then go below the cloud. Mark Helweg is going to be doing a special webinar on ‘’The New 3 Light Options Strategy.’’ He’s going to share with you how it all started and has an interesting story. The accidental discovery simple buy and sell signals and learn one of the best options strategies that we’ve seen. That’s going to happen Wednesday, July 25th at 8PM EST. Good luck. Hope it helps. And I’ll HYPERLINK you to this page. Hubert.

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