|
Reloading NetFlix |
|
| Mar 30, 2009 07:00 PM UTC |
|
Tracked Blogger
|
Via BloggingStocks:
Filed under: Netflix, Inc. (NFLX), Technical Analysis, Stocks to Buy, Technology  This post was written by Minyanville contributor Smita Sadana (position in NFLX).
My trading-experiences have shown me that the strong usually do not fall without putting up a good fight. In that spirit, I am looking for a long position in Netflix (NASDAQ:NFLX), that we had let go in the vicinity of $42. Now that NFLX has rewound some of its dramatic ascend and come to the 20-day moving average and is trading just around $39.30, it might re-attempt to scale higher. I would have really liked if my entry had been closer to the lateral trendline (around $38.20), but one can only react to the moves of the market, not predict them. Continue reading Reloading NetFlix Reloading NetFlix originally appeared on BloggingStocks on Mon, 30 Mar 2009 14:00:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments
Read the rest of original post »
|
Be the first to comment on this story and earn 2 points.
|
|
IN THE PRESS |
|
|
|
|
|
|
| About | RSS | Feedback | Contact Us | Terms of Service | Privacy |
© 2009 FinancialContent Services, Inc. |
|
Data powered by FinancialContent. All Rights Reserved. Quotes delayed at least 20 minutes unless otherwise indicated. |
|
None of the information contained on SocialPicks.com constitutes a recommendation by SocialPicks or its users that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. SocialPicks is not responsible for the posts, discussions, and recommendations of the users on the Site. SocialPicks does not provide investment advice. You must make your own independent decisions regarding any security, portfolio of securities, transaction, or investment strategy mentioned on the website. SocialPicks' users' past results are not necessarily indicative of future performance. Neither SocialPicks nor any of its users guarantees any specific outcome or profit, and you should be aware of the real risk of loss in following any strategy or investments discussed on the website. You understand and agree that you use the Site and Services at your own discretion and risk and that you will be solely responsible for any damages that arise from such use. Before acting on any information contained on the website, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser. |
