Cinemas and Covid-19 Don't Mix while Netflix Benefits!

18 May 2020

** Comments and Likes are appreciated; New Subscribers are Hollywood's A-list class! **
What I see...
:: With the COVID-19 situation, I do not foresee the the cinemas will resume business anytime soon. NetFlix will be providing folks with entertainment from the comfort and safety of their own home!
+ Stock dipped below 10MA back in late April and bounced back strongly all the towards its all-time high
+ Stock tested all-time high today but got pulled back
+ Prices further supported by the rising trend line
+ MACD has just crossed upward but flat
+ Bollinger Band is tightened
+ RSI is in bullish territory at 65

- RSI appears to be turning downward
- Prices got pulled a bit far from the 10ma
- All-time high continues to play as Resistanc

What I setup...
+ Long entry above Resistance
- Stop at last week's Low
+ Target at 1.618 Fib
:: Duration - weeks to months

20 May 2020

İşlem aktif

Setup triggered; Long position

27 May 2020

İşlem kapandı: durdurma seviyesi

Stopped out today @ -0.97R