By Tim - http://stockstobuy.org
The following is Netflix, Inc. (NFLX) stock technical analysis for December 2, 2010
Netflix, Inc. (NFLX) Support & Resistance Levels - 12/2/10
Netflix, Inc. (NFLX) Support & Resistance Levels - 12/2/10
Netflix, Inc. (NFLX) is pulling back for the 2nd straight day after hitting a 52 week high on Wednesday morning. Netflix Inc will have support around $190 which is the current 10 day moving average. Netflix will now have resistance located at $197 as well as $200. If you are looking to play Netflix from the short side, short NFLX stock on breaks down through the low of the day. Netflix Inc. is a strong buy below $170.
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