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Wednesday, December 1, 2010

Netflix, Inc. NFLX Stock Analysis 12/1/10

By Tim - http://stockstobuy.org

The following is Netflix, Inc. (NFLX) stock technical analysis for December 1, 2010

Netflix, Inc. (NFLX) Support & Resistance Levels - 12/1/10

Resistance Levels: $210

Support Levels: $190

Chart - http://www.stockcharts.com/


Netflix, Inc. (NFLX) hit another 52 week high this morning located at $209.24 but has since dropped. 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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