NFLX stock target price 2013
NETFLIX NFLX share yesterday closed at 146.9 with gains over 40%+.that was technical breakout from long term view and now share is heading towards target of 173$.on above we can see in sep 2012 stock hit low of $52 and that was recent low and bottom of this stock and from that point now it almost tripple in very short time.
nflx all time high was 304$ and that was made in nov 2011 from then it turned down and continues profit booking and lack of buyers/investors interest hit stock and hard made low of $52.
for 2013 next technical targets will be 173 then 214 and in last 254.on downside 133 is stoploss and major support on weekly closing basis.yesterday NFLX share given breakout above 3 and 5 years average level in single session with hooping volume!!
