NFLX - High Tight Flag - 2021-10-21

NFLX Trade Summary

Performance metrics and trade details for NFLX breakout.

Stage
Catalyst
Risk
None%
Gain %
None%
Trade Duration
0 days
Market Condition
Market Cap
$NoneB
Shares Float
NoneM
Entry
Stop
Exit
About

Netflix broke out of the bull flag pattern on day 2 after its earnings report. Unfortunately, market conditions in November 2021 were choppy, leading to a quick sell-off after two weeks. However, exiting after the first close below the 10 EMA would still have secured a 5% profit, which was a solid outcome given the market environment.

Before Breakout Daily

NFLX - High Tight Flag - 2021-10-21 before breakout daily

After Breakout

NFLX - High Tight Flag - 2021-10-21 after breakout