Netflix, Inc. NFLX Stock Analysis 1/12/11

By Tim - http://stockstobuy.org

The following is Netflix, Inc. (NFLX) stock technical analysis for January 12, 2011

Netflix, Inc. (NFLX) Support & Resistance Levels - 1/12/11

Resistance Levels: $191.30, $198, $200

Support Levels: $185, $180, $173


Chart - http://www.stockcharts.com/

Netflix, Inc. (NFLX) broke up through $190 on Tuesday but is backing off on Wednesday. Netflix Inc (NFLX) will now have resistance located at $191.30 and a break above that level should take NFLX back to $200. Netflix Inc will now have support at $185 as well as $180. If Netflix breaks $185, there is a downside risk to $180. My 2011 NFLX stock prediction? Netflix will rally back above $200 at some point this year.

For more Technical Analysis - Go Here

Today's Biggest Stock Market Gainers - Top 2010 Stock Gainers - Top 2010 Penny Stocks - Top 2009 Stock Gainers - Top 2009 Penny Stocks - Stocks for 2010

For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/