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Thursday, December 9, 2010

Netflix, Inc. NFLX Stock Analysis 12/9/10

By Tim - http://stockstobuy.org

The following is Netflix, Inc. (NFLX) stock technical analysis for December 9, 2010

Netflix, Inc. (NFLX) Support & Resistance Levels - 12/9/10

Resistance Levels: $210

Support Levels: $190

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


Netflix, Inc. (NFLX) was on fire tonight as the stock was added into the S&P 500. Netflix Inc will now have support down at $190 as well as $183. Netflix will have resistance located at $210. 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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