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JimVanMeerten (61.60)

Nertflix just keeps rising

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June 02, 2011 – Comments (0) | RELATED TICKERS: NFLX

Netflix Inc. (NFLX)  is the largest online movie rental subscription service in the United States providing subscribers access to a comprehensive library of more than 18,000 movie, television and other filmed entertainment titles. The standard subscription plan allows subscribers to have three titles out at the same time with no due dates, late fees or shipping charges for a monthly fee.

Barchart Technical Indicators:

1 - 96% Barchart technical buy signals

2 - Trend Spotter buy signal

3 - Above its 20, 50 and 100 day moving averages

4 - 12 new highs and up 13.77% in the last month

5 - Relative Strength Index is 71.02% and rising

6 - Trades around 270.37 with a 50 day moving average of 241.35

Jim Van Meerten is a Marketocracy Master

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