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Tuesday, November 30, 2010

Netflix, Inc. NFLX Stock December 2010

By Tim - http://stockstobuy.org

The following is Netflix, Inc. (NFLX) stock technical analysis for November 30, 2010

Netflix, Inc. (NFLX) Support & Resistance Levels - 11/30/10

Resistance Levels: $158.75

Support Levels: $150, $145, $140

Netflix, Inc. (NFLX) continues to break out and hit $203 this morning even with the stock market lower. Netflix Inc will not have any major resistance until about $210-$215. Netflix will have support located at $190 and is now a strong buy on dips below $170. If you are looking to play Netflix from the short side, short NFLX stock on breaks down through the low of the day.

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