You don’t need a university career in economics to learn how to trade stocks like Netflix NFLX. You don’t need to buy dozen of books on trading strategies, economics and fundamental analysis on how well a certain company has performed in the last quarter or the last year. You can learn how to trade stocks like Netflix NFLX by simply locating the imbalances created in the underlying stock.
Since you won’t need any PhD in economics, learning how to trade stocks using the supply and demand imbalances by professional traders will make it easier for you if you are new to trading, trading stocks for dummies, we could call it.
We clearly see a strong demand imbalance on NetFlix NFLX American stock. This stock has been dropping for weeks since it reached the $370 per share price level. There were opportunities to sell NetFlix stock when it was up there. Still, now that price has reached a very strong demand imbalance on the weekly timeframe around $256, if you ever sold NetFlix up there or on the way down, it’s time to close your trade and take profit because we are expecting the price to rally much higher as a reaction to that strong demand level on NetFlix weekly imbalance.
We are allowed to buy shares of Netflix stock now with that super strong weekly demand level of around $256 per share in control, we’ve been waiting for that for a long time, and now it’s the moment to start pulling the trigger. Netflix stock is now very cheap, and a huge weekly demand imbalance has gained control. Expecting the price to rally much higher.
We expect the price to rally much higher on NetFlix; similar imbalances have been created on many other American stocks. NetFlix forecast and other American stocks are bullish, creating very strong demand levels and even breaking all-time highs over and over.
Watch the NetFlix stock forecast and prediction based on the supply and demand technical analysis video below.
Learning how to trade shouldn’t be as difficult as it seems. We don’t really need a magic formula or indicator to place a trade on NetFlix. If you want to learn how to trade stocks using a supply a demand strategy, don’t hesitate to join our supply and demand trading course.
This is the kind of price action technical analysis you will learn in our trading community. You will learn how to locate new supply and demand imbalances and trade without using any indicators, no news, no fundamental analysis, no earnings announcements, no volume or VSA analysis. Just supply and demand imbalances.
Trading supply and demand imbalances is ideal for beginners and those with full or half-time jobs. You won’t need to stay in front of the computer all day long trying to move price action with your mind.
As supply and demand traders, we do not need to pay attention to the news, fundamentals or any earnings reports. Once a big timeframe imbalance has gained control, earnings do just the opposite and react strongly to those imbalances. Why do you see positive earnings and then the underlying stock drops like a rock, or a negative earnings announcement and the stock rallies like a rocket out of control? You are probably missing the fact that there are big imbalances in gaining control.
Unless you are doing very short-term trading and scalping, you should not worry about fundamentals or earnings announcements.
You can use these imbalances to plan your trades in lower timeframes. Trading is just waiting for the right trigger points and scenarios to present themselves, this game has got a name and it’s called the waiting game. We need to patiently wait for the correct scenarios and setups to happen and wait for the price to pullback or dip into the price levels we want to trade, in our case these price levels are made of supply and demand imbalances.
Join our supply and demand trading course if you want to learn how to trade using our supply and demand trading strategy.
There are several ways of buying stocks. When trading stocks, you can buy shares of the underlying stock or use options strategies to go long or short at these specific supply and demand levels, long calls or long puts or spreads. You can even buy a CFD (contracts for difference) if you are in a country where it’s allowed.