Technical analysis of RKLB and NFLX post-earnings. RKLB shows bearish pressure with dark pool prints and targets between $59 and $77. NFLX broke out on earnings with bullish targets at $69.35 to $72.22 if it holds above $69.
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Good morning, traders. It's Monday, July 20th at 4:23 AM. All right, 2 stocks for you today. We've got Rocket Lab and we've got Netflix, which is a continuation after earnings. Let's go ahead and look at Rocket Lab. Largest prints in the last 30 days, you can see lots and lots of them. We've got this downward trend and it looks like they've been selling. Uh, we pulled back here on June 26th, pulled up Didn't hold the prints breaking down, and we've just been riding this four exponential moving average on the downside. That's a very bearish trend there, and it's you know it's a recent number. So the the four that's the eight. Then we've got two hundred simple two hundred exponential. We're just below those, and then so let's see if we break down below. Our target down here is about fifty nine or below, and or if we can get above this. Let's see if we can get up to the eighth and maybe up here to seventy-seven. So let's go ahead and map this out intraday. We're going to be bullish above sixty-nine fifty. We're getting close to that right now. Target seventy, seventy sixty-six, seventy ninety-nine, seventy-two. We'll get up here. Then we've got seventy-three, seventy-three seventy-one, seventy-four oh four. And 75. This one has an ATR of about $7. On the downside, we're going to be bearish below 68. Let's get below this right here. We've got this opening candle right here, the 4 AM candle. Let's get below that. 67.59 is the pivot. Then we've got 66.50, 65.94, 65. Down here, then we've got 6454, 64 and a quarter, so it's an S1 and a cam as well. 63, 62, 61, 47 is S2. So there is room on either side here. The upside is a little bit easier as far as pockets are concerned, but remember, this is a very bearish trend, so make sure you're selling into some strength there on the downside. And if we break through these levels here, then continuation to the downside. Let's go ahead and look at Netflix. Okay, so Netflix largest trades in the last month. You can see this consolidation and then earnings happened. And then so Friday we came back to the 65, massive volume trying to recover here. I'm going to put prints on for the last week. We did get, um, some new ones here closer to the close. You see this on the 17th, 200K, 600K. $400K. So let's see what happens after earnings. They might sell 2 or 3 days after earnings. We'll see. Let's see if this one can come up to the 4 and the 8, if these prints actually hold. Otherwise, look out below. So we are going to be bullish above 69. Let's get above these prints here. This is a couple million if we get above 69. Target 69.35, 69.76. Up here. Then we've got 7016, 7060 is R1. 717138 is a cam. Then we've got 727225 is R2. The R— the ATR in this one's about $3. Anyway, it, it seems that it can move. We can see this. We're going to be bearish below 6850. Let's get below this. We tried. You can see that's why we have pivots and cams on the on the chart. These are these are great. So 6850 target, 6814, 6784, and 6774. This is the double pivot and cam right there. Then we've got 6652 is a cam, and 6619 is S1. So we stop there. All right. There you have it. Those are your two trade setups for today. So please like, share, subscribe. Do all of that. Great stuff, and we will see you tomorrow with all new trade setups. Happy trading. Mobitick has partnered with TrendSpider to bring real-time institutional trades to your charts. Click the link in the description below for more details.
