By Tim - http://stockstobuy.orgThe following is Netflix Inc. (NFLX) stock technical analysis for September 19, 2011
Netflix Inc. (NFLX) Support & Resistance Levels - 9/19/11
Netflix Inc. (NFLX) stock is seeing a bounce today after shares plunged last week. Netflix Inc. (NFLX) will have support down at $148 but will hit major support around $140. If NFLX breaks down through $140, I'd look to buy near $125-$128 for a bounce trade. Jim Cramer thinks this company is worth at least $300 per share but he may have flipped flopped since the recent press release.
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