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Monday, June 27, 2011

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

Below the Three stocks to watch for Friday's trading. Netflix, Inc. (NFLX), Baidu, Inc. (BIDU), Amazon.com Inc. (AMZN).Is all 3 stocks some upside in coming days?

Netflix, Inc. (NFLX)-Netflix, Inc. (NFLX) is nice rebound over  $260 on Monday but stock is selloff  the resistance area.Stock could go $254 level which is next support.Netflix Inc (NFLX) will have resistance level at $262.50-$270.Netflix has support level at $240.Netflix Inc is a buy on pullbacks below $210 any market correction.

Baidu, Inc. (BIDU)-Share of Baidu, Inc. (BIDU) is trading over $130.Baidu Inc will have major resistance up $135-$135. Baidu has support level at $115. If Baidu Inc. (BIDU) ever falls below $105, I would start buying back. 

Amazon.com Inc. (AMZN) -Amazon.com Inc. (AMZN) is trading over $200 in midday on Monday. AMZN will have resistance at $205-$210.Stock is buy under $180.

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