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Tuesday, October 5, 2010

Netflix Inc NFLX Just Went Negative Today

Netflix Inc. (NFLX) stock just went in the red after soaring to $160 earlier in the trading day. Netflix Inc has support located at $150-$151.25. If NFLX fails in this area, look for $140-$145 to be tested.

Netflix will now have resistance located at $160.01...when the stock breaks up through there, you can probably get long for a trade.


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