Here is a trade we did on $NFLX. This is a stock that we have had on the blog for the last few days as a potential squeeze play. On Friday, right off the bat in the morning it broke out on the daily chart with an early morning spike. Now that the daily chart …
Read more$NFLX Trade Review – Aligning on Multiple Time Frames
evening folks! happy 4th of July. Market has been straight up from a few days now. We are starting to look a little extended. We went from oversold to overbought very quickly. I suspect the easy money has been made and we could be in for a grind for a few days. As …
Great week so far this week in the Markets and in the Chat room. Now things are reaching overbought level. Overbought/oversold levels can stay longer than anyone thinks. Little caution is definitely warranted. below is chart of $NYMO,a popular indicator that many investors and traders use to gauge oversold.overbought area. As you can see its at a peak of …