In times such as this when market is overbought and future outlook remains uncertain, its hard to find long opportunities, but there are companies out there who are benefiting from Covid-19, such as Netflix.
Technically speaking she is outperforming the index by far and another shot at peak of all times at 575$ is inbound.
POSITION IS A LONG.
CFD CONTRACT 1 LOT = 100 SHARES.
POSITION VOLUME 10 CONTRACTS = 1000 SHARES.
ENTRY RATE 534$.
POSITION VALUE = 534,000$.
MARGIN REQUIREMENT 5% FROM POSITION VALUE = 26,700$.
FREE MARGIN 2% FROM POSITION VALUE = 10,680$.
TAKE PROFIT AT 575$.