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Monday, February 14, 2011

Netflix, Inc. NFLX Stock Analysis 2/14/11

By Tim - http://stockstobuy.org

The following is Netflix, Inc. (NFLX) stock technical analysis for February 14, 2011

Netflix, Inc. (NFLX) Support & Resistance Levels - 2/14/11

Resistance Levels: $250

Support Levels: $220, $200

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

Netflix, Inc. (NFLX) stock has gone parabolic gain and are hitting a new 52 week high today. Netflix Inc (NFLX) will now have resistance located at $250 and are getting overbought now. Netflix Inc (NFLX) is a short on the next break through the low of the day. Netflix will eventually retest the 50 day moving average which is currently below $200 and rising. When Netflix does test the 50 day moving average, the stock becomes a buy. NFLX continues to be a real success story but has gotten ahead of itself.

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