I have been looking to short NFLX, and after my stint with it failed, I think Tim West's reccomendation makes a lot of sense.
He's been holding shorts from considerably higher, and had posted about it in the 'Key Hidden Levels chatroom' recently once again.
You can refer to his publications for more information, or ask questions in chat if you have any.
My trade entry is as follows: short at market stop, stop at 103.57, risking 1% of capital on it.
Good luck if taking this trade.
Cheers,
Ivan Labrie.
He's been holding shorts from considerably higher, and had posted about it in the 'Key Hidden Levels chatroom' recently once again.
You can refer to his publications for more information, or ask questions in chat if you have any.
My trade entry is as follows: short at market stop, stop at 103.57, risking 1% of capital on it.
Good luck if taking this trade.
Cheers,
Ivan Labrie.
Note
Average the entry here with the same stop. 97.93Note
Trail stops to 100.33
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.