NFLX rejection from $340, First Support $315

2019年1月22日

I have not been so active on TradingView lately; tried to take a break, clear my mind, and restart my analyzing process.
Larger time frame and recent news on ThinkorSwim are the most useful tools, especially at such an unstable market, to determine whether
we should buy Calls or Puts.
* Don't buy anything if you feel confused while looking at the chart or analyzation = it means you are not ready.

I bought put that expires next week, planning to swing trade this over tonight.

Reasons:
1) Rejection from downtrend channel right after ER, graph on ToS = Investors don't think that this ER is worth for NFLX to break its downtrend yet.
2) Nothing much exciting NFLX has been providing, besides burning cash to produce more originals.

Anyone liked watching "You" ? I think that show was pretty cool, but creepy at the same time...