T3’s Trades of the Week: How to Trade NFLX After Earnings – T3 Live
T3 Live

T3’s Trades of the Week: How to Trade NFLX After Earnings


Welcome to the latest edition of T3's Trades of the Week newsletter!

Let's jump right in with this week's trades and analysis:

1) Scott Redler on NFLX

NFLX kicks off high-beta tech earnings today after the close after trading in a range for 3 months.

It’s always hard to tell what street will focus on – domestic subs, overseas subs, expenses, etc.

After the news hits, I’d only get long if it gets and stays above $148.22.

On the bearish side, if it gets and holds below $138, there could be more troubled ahead.

Click here to learn about Scott's new education program Redler Ultimate Access.

2) Off the Charts on TLT

TLT had a strong leg up Tuesday and confirmed the multi-month breakout Wednesday on big volume.

A green open was sold back down on Thursday, but buyers stepped in right around the unchanged mark at $123. It held in a relatively tight range until the early afternoon when the selling picked up across the market. It ticked up through the $123.25 level then popped up to 123.75 before pulling back a little before the close.

It still finished comfortably green (+.31%) and at a new 2017 high so it looks set up well for more upside this coming week.

Click here to learn more about Off the Charts

3) Kurt Carpa on GBPUSD

GBPUSD put in an impressive rally last week and completely negated the prior breakdown from the contracted range.

Right now, the hourly trend is strong and the daily is at the top of the range. It looks poised to try and break through the top of it this week.

The bias, until proven otherwise, is bullish.

Click here to learn about Kurt's Forex Profit Accelerator newsletter

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