Squeeze Setup Delivers as Stock Cracks $1000

Shortly after shooting this video, NFLX cracked through the psychological $1000 level, touching $1008 – validating our technical analysis in real-time.

But don’t worry, there’s likely more room to run. Let me break down what I’m seeing and where we go from here.

While the broader market continues to chop around post-election, I’ve spotted this setup in Netflix that’s already starting to deliver results.

We’re seeing a rare technical confluence that reminds me of Netflix’s last major breakout – and we know how that played out for traders who caught it.

Why NFLX?

Netflix (NFLX)(Click to enlarge)

The Setup:

  • Initial entry zone was $975 (post-earnings point of control)
  • Updated targets: $1050 (initial), $1100-1200 (extended)
  • Maintain stops under $950 for swing positions

For options traders, I’m focusing on the February 21st monthly expiration. While these won’t be cheap options, the setup justifies the premium.

Consider the February $1000 calls for an optimal risk/reward balance. For more aggressive traders, the $1060 calls offer a cheaper entry point but with higher risk.

For my complete technical breakdown, click the image below and watch my video.

Sideways Market - Netflix

A Little Bit of History

The last time NFLX had an earnings beat of this magnitude, we saw a similar pattern – breakout, consolidation for a couple weeks, then an absolute rip higher. The current setup is following that same blueprint perfectly.

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YOUR ACTION PLAN

If you caught the initial move, consider holding your position as the technical factors remain strong. For those looking to enter now, watch for pullbacks for possible entries.

Want to find trade setups like this in real-time?

Click here to learn how I use AI to find them.


TESTIMONIAL TUESDAY

“267.50 strike too expensive… went with the $280 strike… in @ 1.55 Out @ 2.29 – 47% gain in four days on FDX. Thanks BB!”
Fulcrum

“118% on NFLX in less than a week! Thanks Nate!”
tradeguy1

“For the PLTR strangle, in @11.50, out @ 18.50 x 4 for a $2800 profit in 24 hours!” Thanks Bryan!”
SpacemanSnoopy


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