By All About Trends
Why We Locked In Gains On NFLX
We locked in gains on NFLX today due to the chart pattern. Look at the chart below of ESRX:
Now take a look at NFLX, look familiar?
Rather than hope NFLX goes up here we took what we know and ran with it. We have a 10 point gain or more than $500 in profits. What else we know when we operate from a “Trade What We See ” stance is that it has a bear channel here. So we took the money and ran.
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