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Wednesday, December 8, 2010

Netflix, Inc. NFLX Stock Analysis 12/8/10

By Tim - http://stockstobuy.org

The following is Netflix, Inc. (NFLX) stock technical analysis for December 8, 2010

Netflix, Inc. (NFLX) Support & Resistance Levels - 12/8/10

Resistance Levels: $193, $200, $210

Support Levels: $180

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

Netflix, Inc. (NFLX) is getting slammed again today and is back around the $185 level. Netflix Inc will now have support at $180 as well as $175. Netflix will now have resistance located at $196 as well as $200. If you are looking to play Netflix from the short side, short NFLX stock on breaks down through the low of the day. Netflix Inc. is a strong buy below $170 and will continue to be a powerhouse in 2011.

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