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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
