Two Stocks To Watch After Monday’s Long Red Candlesticks

Here are the two stocks we are watching after last Monday’s big reversals and long red candlesticks.  Tesla (TSLA) and Netflix (NFLX) have been the highest fliers in the bull market.


Both are bellwethers of the 11-year old bull market with Tesla up 258.77 percent year-to-date and Netflix up 52.36 percent.

We are sellers of both. See our Friday post,  Has Netflix Peaked?


Watch for the break and close below of 20-day moving average at 488.01.


This entry was posted in Equity, Uncategorized and tagged , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.