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Wednesday, September 29, 2010

Netflix, Inc. NFLX Stock Analysis 9/29/10

By Tim -

The following is Netflix, Inc. (NFLX) stock technical analysis for September 29, 2010

Netflix, Inc. (NFLX) Support & Resistance Levels - 9/29/10

Resistance Levels: $167, $175

Support Levels: $158, $140

Netflix, Inc. (NFLX) are gaining momentum and up nicely today. Netflix Inc continues to be a short on a break through the low of the day for a quick trade. 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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