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: $200, $209
Support Levels: $195
Chart - http://www.stockcharts.com/
Netflix, Inc. (NFLX) reported better than expected earnings tonight. Netflix Inc (NFLX) will now have resistance located at $200 as well as $209. If Netflix Inc (NFLX) can break above $209, I think it can run to $225. Netflix Inc will have support at $190 as well as $185. If Netflix closes below $180, there is a downside risk to $173. Netflix is now a strong buy below $180.
Netflix, Inc. (NFLX) Support & Resistance Levels - 1/26/11
Resistance Levels: $200, $209
Support Levels: $195
Chart - http://www.stockcharts.com/
Netflix, Inc. (NFLX) reported better than expected earnings tonight. Netflix Inc (NFLX) will now have resistance located at $200 as well as $209. If Netflix Inc (NFLX) can break above $209, I think it can run to $225. Netflix Inc will have support at $190 as well as $185. If Netflix closes below $180, there is a downside risk to $173. Netflix is now a strong buy below $180.
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