By Tim - http://stockstobuy.org
The following is Netflix, Inc. (NFLX) stock technical analysis for October 7, 2010
Netflix, Inc. (NFLX) Support & Resistance Levels - 10/7/10
Chart - http://www.stockcharts.com/
Netflix, Inc. (NFLX) Support & Resistance Levels - 10/7/10
Resistance Levels: $158.75
Support Levels: $149, $145, $140
Support Levels: $149, $145, $140
Chart - http://www.stockcharts.com/
Netflix, Inc. (NFLX) continues to hold $150 on a closing basis and now has support located at $149. Netflix is a short on a break through $149 for a quick trade. Netflix has major support down in the $140-$145 area so this would probably be a great buy for a bounce trade if the stock trades down there. Netflix has made a top in the $170's which will now be hard to break.
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