By Tim - http://stockstobuy.org
The following is Netflix, Inc. (NFLX) stock technical analysis for September 28, 2010
Netflix, Inc. (NFLX) Support & Resistance Levels - 9/28/10
Chart - http://www.stockcharts.com/
Netflix, Inc. (NFLX) Support & Resistance Levels - 9/28/10
Resistance Levels: $167, $175
Support Levels: $158, $140
Support Levels: $158, $140
Chart - http://www.stockcharts.com/
Netflix, Inc. (NFLX) continues to level out in the $160's today. Netflix Inc continues to be a short on a break through the low of the day like we saw on Friday. Netflix has solid support at $140 but if broken, could really see serious downside action. Netflix is priced for perfection so any bad new or earnings miss could cause a decline of 10-20% easily.
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