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Tuesday, July 5, 2011

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) is trading over $283 in pre morning trade on Tuesday because Netflix to Launch Service in Latin America and the Caribbean for Streaming TV Shows and Movies Later This Year.Stock could go $240 level which is next support.Netflix Inc (NFLX) will have resistance level at $280.Netflix has support level at $260.Netflix Inc is a buy on pullbacks below $220 any market correction. 

Baidu, Inc. (BIDU)-Share of Baidu, Inc. (BIDU) is trading over $146 on Tuesday because of China's Baidu, Microsoft to cooperate in search.But stock is sell off after that.Baidu Inc will have major resistance up $150-$152. Baidu has support level at $125. If Baidu Inc. (BIDU) ever falls below $105, I would start buying back. 

Amazon.com Inc. (AMZN)-Amazon.com Inc. (AMZN) is trading over $208 on Friday.AMZN will have resistance at $205-$210.Stock is buy under $180.

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