Below the three stocks to watch for Monday's trading, Netflix, Inc. (NFLX), Baidu, Inc. (BIDU), Amazon.com Inc. (AMZN).Are those 3 stocks going up?
Netflix, Inc. (NFLX)-Netflix, Inc. (NFLX) is trading near $76 because of Netflix (NFLX +7.3%) is soaring on market chatter of Amazon (AMZN) and/or Verizon (VZ) making a play for the company . Netflix Inc (NFLX) is only bounce play now.Resistance area $77-$80 and support at $70.
Baidu, Inc. (BIDU)-Share of Baidu, Inc. (BIDU) is trading under $130.Baidu Inc will have major resistance up $140 and short term support level is $125. If Baidu Inc. (BIDU) ever falls below $100, I would start buying back.
Amazon.com Inc. (AMZN) -Amazon.com Inc. (AMZN) is trading under $190.AMZN will have resistance at $208 & support as $180 which is buy.
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