Charts Of Interest – 20 November 2014

Yahoo ($YHOO)

This has been on a tear and might be looking to pull back a bit. I’m looking at the 48.56 level to enter a long position.

YHOO - 60 Minute - 20 November 2014
YHOO – 60 Minute – 20 November 2014

 

Netflix ($NFLX)

Netflix got pounded after earnings and is still digesting. I like this one for a position trade, and I’ll be looking to trade it at the 354.17 level. It’s working off weekly demand and I see weekly supply at 475 which gives us a lot of room to go.

NFLX - 60 Minute - 20 November 2014
NFLX – 60 Minute – 20 November 2014

 

GoPro ($GPRO)

This one has been a high flyer but has failed a number of times at 85.50 so I am looking to get short. It made a lovely overnight level at 78.96 which is where I am looking to get short, targeting 60.

GPRO - 60 Minute - 20 November 2014
GPRO – 60 Minute – 20 November 2014