Long NFLX position; price stagnation reduces likelihood of bounce.

I'm also looking at Netflix. Netflix is just really hanging out right here. And you know what? With this time count going on on the spiders, I'm going to go ahead and just jump into a long here on Netflix.

It's been lingering down here, but we do have a 10-minute bottoming candle. So, we're going to give this a roll. See if we can't get a little bit of a pop.

my Netflix position, I'm up $4.

We've also got uh Netflix that's still open. Uh but Netflix is literally doing nothing at the moment, right about where I bought.

Uh looking over here at this Netflix also, it is literally doing nothing, guys. You can see here it's literally parked right where we had bought to get into this on a long position.

You can see we've got a nice bottoming candle here. price has gone down, retested the bottom. And so that's where everything's really kind of hanging right here on a thread. The longer price hangs out here, the worse it is for this to potentially bounce in this location.

What you normally see on a 10-minute bottoming candle, see price bounce up, price retrace, and then receive a uh resurgence, bounce after that. We're just not getting it on this chart of Netflix.

Mind you, look at this chart, too. If I flip um actually this is on the 15. Look at what was happening today. literally down, down, down, sideways, down, down, down, down, down, down.

So, we've seen a lot of selling going on on Netflix. Um, should be due for uh a decent bounce on the chart today, but apparently it may be postponing to next week.

Uh let's see what's going on with Netflix. Netflix is just hanging out. I've got um uh only $1,000 in Netflix. Just looking to get that back into in the money and get done with that trade.

What? I'm in Netflix as well as SanDisk.

You know, trading $1,000 on Netflix. Still leaving that puppy open, too.