Sunday, March 4, 2012
In the Zone
$NFLX - Netflix, Inc.
Netflix, Inc. provides Internet subscription services for TV shows and movies in the United States and internationally. The company offers its subscribers to watch unlimited TV shows and movies streamed over the Internet to their TVs, computers, and mobile devices.
It also provides standard definition DVDs and Blu-ray discs to its subscribers. The company was founded in 1997 and is headquartered in Los Gatos, California.
Please keep (NFLX) Netflix, Inc. on your radar for a breakout in price above $127.75 - $127.80 on heavier than average average daily trading volume of 7.58 million.
As this week in the stock market came to a close (NFLX) Netflix, Inc. closed to end the week trading at $115.10 up $3.43 or +3.07% on lighter than average upside trading volume of 28.90 million. The average weekly trading volume for Netflix is 39.87 million.
Please note that this is not a buy recommendation please do your own due diligence or get help from a professional before trading.
By: Marlin Rolle
*** Please have a close look at the charts listed below ****