NetFlix Inc NFLX Stock Stock Analysis

The following is NetFlix Inc (NFLX)  stock technical analysis for  April 20, 2011   
 
NetFlix Inc NFLX  Resistance, pivot & Support Levels – 04/20/2011

Resistance levels: $252.72, $248.99, $245.27

Pivot point: $238.56

Support levels:$234.84, $228.13, $224.41

Netflix, Inc. (NFLX) tested $245 on premarket Wednesday.Stock could go $250 level because of short squeeze.Srock is short term overbought now.Netflix Inc (NFLX) will have resistance level at 250.Netflix has support level at $224.Netflix Inc is a buy on pullbacks below $210 any market correction. 
  

For more Technical Analysis -Go Here

For the latest updates on the stock market, visit, 
http://technicalanalysis-blog.blogspot.com/