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Tuesday, October 22, 2013

Netflix (NFLX) Stock Analysis 10/23/13 October 23, 2013

Netflix (NFLX) Stock Analysis 10/23/13 October 23, 2013 -

 
 

Netflix (NFLX) stock hit the $390's today but then dropped off a cliff down to $330.  This was a classic blow off top formation and likely is the top for awhile.  Netflix (NFLX) stock has been running up for the past year and finally hit a level where the big money wanted to sell.

Netflix (NFLX) will have support around $321 as well as $300.  Buy NFLX stock below $300, sell above $340.

Also see - Top Stocks 2014 - Top Stock Gainers 2013




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