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Thursday, August 30, 2012

$NFLX

(Click chart to enlarge)

Other traders ideas about NFLX -- Stocktwits

Other traders ideas about NFLX -- thelion.com

Netflix gave the original buy signal over 60 (red t/l) , after riding above the 9sma for 4 days.  Failed to get into the earnings gap (green t/l) and put in a nasty candle today after trading below its 9sma for 4 days.  NFLX is back at the 60 level, below 60 and I think this gets back to 53 (blue t/l).

Monday, August 20, 2012

ROSE


Currently holding $ROSE October $45 calls.  Looking at the daily chart, this stock is in an uptrend since 6/28 bottom. It has been hitting resistance at the 200 day for the past 8 trading sessions.  Once it breaks resistance around $45.36 with more volume we should continue to see higher prices.  The volume in the last few trading days has been way below average.  This could be a sign that the selling has been slowing.  My short term price target is $47. The oil sector has been a laggard lately and should catch a bid soon.