NetFlix Inc NFLX Resistance, pivot & Support Levels – 7/6/2012
Resistance levels: $91.63, $86.76, $83.99
Pivot point: $79.12
Support levels:$76.33, $71.48, $68.71
Netflix Inc (NFLX) will have resistance located at $85 and support area $79 for short term.Netflix Inc is a buy on pullbacks below $75 any market correction.The sudden rise in Neflix (NFLX +13.5%), up over 19% for the week, is starting to look overdone to a horde of skeptics. The question of the day on NFLX: Does an anecdotal Facebook post about streaming hours translate into paid subscriber growth
For the latest updates on the stock market, visit,
http://daytradingstock-blog.blogspot.com/