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Thursday, May 26, 2011

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

Below the Three stocks to watch for Thursday'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 another up day which is new 52 weeks high near $265 in mid day Thursday.Stock could go $240 level which is next support.Netflix Inc (NFLX) will have resistance level at $265-$270.Netflix has support level at $209.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$150-$155. Baidu has support level at $135. If Baidu Inc. (BIDU) ever falls below $105, I would start buying back.

Amazon.com Inc. (AMZN) -Amazon.com Inc. (AMZN) is trading under $197 in midday Thursday which is short term bearish for stock.AMZN will have resistance at $210.Stock is buy under $180.

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