T3’s Trades of the Week: Nothing But Net for Netflix?

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1) Scott Redler on Netflix (NFLX)

NFLX got back in motion on 8/30 as it cleared $170 and then cleared $176.48. It took last week off to flag. Perhaps we can be long vs. $180 or wait for volume again to clear $185.33.

The all-time high pivot is $191.50.

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2) Jeff Cooper on Carnival (VUK)

I am watching CUK for a short day trade based on an Expansion Pivot/180 pattern. I would enter short at $65.35 and keep a stop at $66.35. The position should be closed out by day's end.

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3) Kurt Capra on USDJPY

USDJPY had a strong finish to the week on Friday. This morning it is trying to push up some more but there is still some resistance to the left that needs to be absorbed. A little pullback to start this week or sideways based could setup a nice opportunity to get long.

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