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Tuesday, January 31, 2012

Top Stocks: Netflix, Inc. (NFLX), Baidu, Inc. (BIDU), Amazon.com Inc. (AMZN)

Below the three stocks to watch for Tuesday's trading, Netflix, Inc. (NFLX), Baidu, Inc. (BIDU), Amazon.com Inc. (AMZN).Are those 3 stocks  going up?

Netflix, Inc. (NFLX)-Netflix, Inc. (NFLX)  was down day on Tuesday.Netflix Inc (NFLX) has resistance area $125 and support at $118.I will buy under $100 again any market correction

Baidu, Inc. (BIDU)-Share of Baidu, Inc. (BIDU) is trading under $127.Baidu Inc will have major resistance up $130 and support level is $110.

Amazon.com Inc. (AMZN)-Amazon.com Inc. (AMZN) is trading under $195.AMZN will have resistance at $200 & support as $165 which is buy level.Amazon's (AMZN) Q4 results are due out after the bell, with analysts expecting EPS fell 79.1% to $0.19 due to the company's prodigious spending. Revenues are seen +41% to $18.2B. Investors will be looking out for sales of the Kindle Fire, for which Stifel Nicolaus has predicted 6M vs. Apple's 15.4M

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