By Tim - http://stockstobuy.org
The following is Netflix, Inc. (NFLX) stock technical analysis for March 22, 2011
Netflix, Inc. (NFLX) Support & Resistance Levels - 3/22/11
Resistance Levels: $230
Support Levels: $209, $200
Chart - http://www.stockcharts.com/
Netflix, Inc. (NFLX) is gapping higher today after Credit Suisse upgraded the stock to Outperform. Netflix Inc (NFLX) has some resistance right here around $223 but then nothing major until $230. Netflix Inc (NFLX) has heavy support between $208-$210 but if the fails, we could get a retest of $200. Netflix is a strong buy below $209 which is below the 10 & 50 day moving averages. Netflix Inc. (NFLX) continues to be a real success story and could be ready to reach new highs.
Netflix, Inc. (NFLX) Support & Resistance Levels - 3/22/11
Resistance Levels: $230
Support Levels: $209, $200
Chart - http://www.stockcharts.com/
Netflix, Inc. (NFLX) is gapping higher today after Credit Suisse upgraded the stock to Outperform. Netflix Inc (NFLX) has some resistance right here around $223 but then nothing major until $230. Netflix Inc (NFLX) has heavy support between $208-$210 but if the fails, we could get a retest of $200. Netflix is a strong buy below $209 which is below the 10 & 50 day moving averages. Netflix Inc. (NFLX) continues to be a real success story and could be ready to reach new highs.
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