Netflix, Inc. (NFLX) Stock Analysis 10/14/11

By Tim - http://stockstobuy.org

The following is technical analysis for Netflix, Inc. (NFLX) - October 14, 2011

Netflix, Inc. (NFLX) Support & Resistance Levels - 10/14/11

Resistance Levels: $$125, $128

Support Levels: $115

Chart - http://www.stockcharts.com

Netflix, Inc. (NFLX) is surging again today after a new deal in Asia. NFLX will have support at $115 followed by $111.25. On Thursday, I bought NFLX at $116.22 and will be using a tight stop at $111.25. I plan to add more NFLX stock on a break above $125 and $128. NFLX has hit bottom in my opinion at $103.

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