By Tim - http://stockstobuy.org
The following is Netflix, Inc. (NFLX) stock technical analysis for January 26, 2011
Netflix, Inc. (NFLX) Support & Resistance Levels - 1/26/11
Resistance Levels: $188, $198
Support Levels: $180, $173
Chart - http://www.stockcharts.com/
Netflix, Inc. (NFLX) Support & Resistance Levels - 1/26/11
Resistance Levels: $188, $198
Support Levels: $180, $173
Chart - http://www.stockcharts.com/
Netflix, Inc. (NFLX) is flat-lining ahead of earnings tonight. Netflix Inc (NFLX) will now have resistance located at $188 which is near the current 10 day moving average. If NFLX can get back above this level and hold, I think the stock can rally back into the $190's. Netflix Inc will have support at $180 as well as $173. If Netflix closes below $180, there is a downside risk to $173. My 2011 NFLX stock prediction? Netflix will rally back above $200 at some point this year.
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