NFLX Wait For Break Out Fibo Level
## 📈 \ NASDAQ:NFLX WEEKLY TRADE IDEA (AUG 5–9)
**🔥 BULLISH FLOW | CALL/PUT RATIO: 1.84 | CONFIDENCE: 65%**
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### 🧠 AI-DRIVEN SENTIMENT
* **Weekly RSI**: 54.9 ✅ (Bullish Momentum)
* **Daily RSI**: 38.4 ↗️ (Climbing but still weak)
* **Volume**: 📉 0.7x last week = Low institutional follow-through
* **Options Flow**: Massive call buying = Institutions lean bullish
* **Volatility**: VIX at 18.2 = Option-friendly zone
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### 🛠️ TRADE SETUP
| 🔹 | Trade Type | Long Call |
| -- | --------------- | ------------------- |
| 🎯 | **Strike** | **\$1200** |
| 📅 | **Expiry** | **Aug 8 (Fri)** |
| 💵 | **Entry** | **\$4.05** |
| 📈 | **Target** | **\$6.00 – \$8.00** |
| 🛑 | **Stop** | **\$2.50** |
| 🔐 | **Size** | 1 contract |
| ⚖️ | **Risk/Reward** | \~1:2 |
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### ⚠️ RISK CHECK
* 🔸 Daily RSI still < 45 — needs breakout for full confirmation
* 🔸 Volume not convincing — watch for fakeouts
* 🔸 Short expiry = 🔥 gamma risk
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### 🧩 STRATEGY INSIGHT
> "Call buyers are in. RSI is rising. But volume is soft. You’re early — not late."
🎯 Enter @ Open
🚀 Target quick momentum pop
👀 Exit if RSI fails to break or macro hits
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💬 **Plan to enter?** Comment “IN”
🔁 Repost if you're tracking NFLX
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