By Tim - http://stockstobuy.org
The following is Netflix, Inc. (NFLX) stock technical analysis for February 22, 2011
Netflix, Inc. (NFLX) Support & Resistance Levels - 2/22/11
Resistance Levels: $230, $245
Support Levels: $227, $200
Chart - http://www.stockcharts.com/
Netflix, Inc. (NFLX) dropped hard below the 10 day moving average today. Netflix Inc (NFLX) will now have resistance located at $230 as well as $245 on the upside. Netflix Inc (NFLX) is a buy on below $210 for the long term. Netflix should be able to hold $220 today unless the stock market would make a large move lower . Netflix has the 10 day moving average up at $232 and should see the buyers come back on a close above that level. NFLX continues to be a real success story and is seeing a correction before the next move higher.
Netflix, Inc. (NFLX) Support & Resistance Levels - 2/22/11
Resistance Levels: $230, $245
Support Levels: $227, $200
Chart - http://www.stockcharts.com/
Netflix, Inc. (NFLX) dropped hard below the 10 day moving average today. Netflix Inc (NFLX) will now have resistance located at $230 as well as $245 on the upside. Netflix Inc (NFLX) is a buy on below $210 for the long term. Netflix should be able to hold $220 today unless the stock market would make a large move lower . Netflix has the 10 day moving average up at $232 and should see the buyers come back on a close above that level. NFLX continues to be a real success story and is seeing a correction before the next move higher.
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