Netflix Posted Earnings Beat, but …

Netflix posted huge earnings beat, but the stock is doing nothing. Merely up 2% in the pre-market, from $338 to $345.

Before NFLX’s earnings, the Mini Trader group continued to make profit this week including Netflix. And for me, this is a second time to trade Netflix.

I was supposed to stop trading for awhile because Chinese New Year is coming, then I happened to see Netflix on CNBC with the current price below $340 when I switch on my TV last night.

I can’t help to see such opportunity, so I entered a long position at any price with mini size. Why any price? Because I know how to read news, interprets it and then play it. Trade without using the chart.

Later the market open, I just get another red packet again from the market either I manually close it or it hits the limit order that I was set.

How Netflix react tonight? I think, I guess, I predict, I anticipated, it looks like ….. the stock will go up at open, move up $352-$355, then look for nice pull back. If the stock go down at open, look for $325-$330 fresh buyer comes.

新年快乐 恭禧發財 红包拿来

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MiNi Trader

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I occasionally share stocks and indices to friends only. Things have gone well in the past few years. I feel good when sharing enthusiasm and interest in stock trading. With this in mind, I love to share with people interested in learning to trade in the stock market, and they do the same thing by sharing their experience with others after attending my sharing session.

I do not share the chart basics knowledge such as candlesticks, volume.

I only share a proven trading skills with you. They are two different type of skill levels. The professional skill level is how to read chart properly using my way. The next level of trading skill is that you don’t read the chart and fundamental, however, you know the stock market move before the move.

Trading is not always easy. In this community group, we only share the high-probability stock that we will mostly be trading. By sharing, it does become easier.