Trade Idea NETFLIX " NFLX "
Monday, January 29, 2007
Shares of NFLX fell today 2.6% to 22.55$ , after Roth Capital downgraded its rating to 'sell' from 'hold'. Looking at the chart it still show weakness as the stock is trading below 50 dma and 200 dma. However with K line on top over D again we may see a improvement in stock price. MACD is above 0.
Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.
Labels: NFLX
