By Tim - http://stockstobuy.orgThe following is technical analysis for Netflix, Inc. (NFLX) - October 16, 2011
Netflix, Inc. (NFLX) Support & Resistance Levels - 10/16/11
Resistance Levels: $125, $128
Support Levels: $114
Chart - http://www.stockcharts.com
Netflix, Inc. (NFLX) Support & Resistance Levels - 10/16/11
Resistance Levels: $125, $128
Support Levels: $114
Chart - http://www.stockcharts.com
Netflix, Inc. (NFLX) stock closed at $116.04 on Friday. NFLX will have support at $114 followed by $111.25. On Thursday, I bought NFLX at $116.22 and will be using a tight stop at $111.25. I plan to add more NFLX stock on a break above $122 and $128. NFLX has hit bottom in my opinion near $103.
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