By Tim - http://stockstobuy.org
The following is Netflix, Inc. (NFLX) stock technical analysis for January 6, 2011
Netflix, Inc. (NFLX) Support & Resistance Levels - 1/6/11
Netflix, Inc. (NFLX) Support & Resistance Levels - 1/6/11
Netflix, Inc. (NFLX) failed at $180 on Thursday and is showing additional weakness. Netflix Inc (NFLX) currently has strong resistance located at $185 and a break above that level will get this stock out of the downtrend. Netflix Inc will now have support at $173 as well as $170. If Netflix breaks $170, there is a downside risk to $158. My 2011 NFLX stock prediction? Netflix will rally back above $200 at some point this year.
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