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Wednesday, February 2, 2011

Netflix, Inc. NFLX Stock Analysis 2/2/11

By Tim - http://stockstobuy.org

The following is Netflix, Inc. (NFLX) stock technical analysis for February 2, 2011

Netflix, Inc. (NFLX) Support & Resistance Levels - 2/2/11

Resistance Levels: $215-$220

Support Levels: $200, $190

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

Netflix, Inc. (NFLX) is pulling back to the $210 are on Wednesday. Netflix Inc (NFLX) will now have resistance located between $215-$220 but then could see another major spike higher. I Netflix Inc (NFLX) personally think Netflix is on It's way to $225-$230 over the next three months. Netflix will have support at $200 as well as $196. If Netflix falls back below $190, the stock is a buy. NFLX continues to be a real success story!

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