Netflix, Inc. (NASDAQ:NFLX) continues to decline today. The stock is trading at $351.62 -7.25 (- 2.02%). After topping out at $458 a share, the stock has fallen by 23% in a month. Many investors are too scared to go near it, just after they were buying at the all time highs so eagerly. Smart investors are starting to look for a great entry. The level for entry is a major gap fill along with the 200 moving average. This level is $334. Expect a strong bounce off this level for a week or two.
Gareth Soloway
InTheMoneyStocks.com
Submitted March 31, 2014 at 03:43PM by inthemoneystocks http://ift.tt/1jRaqPk
No comments:
Post a Comment