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Wednesday, April 13, 2011

Netflix, Inc. (NFLX), Baidu, Inc. (BIDU)

Below the Two stocks to watch for Wednesday's trading. Netflix, Inc. (NFLX), Baidu, Inc. (BIDU).All 2 stocks some upside in coming days.

Netflix, Inc. (NFLX)-Netflix, Inc. (NFLX) tested $240 on Friday.Stock could go $250 level because of short squeeze.Netflix Inc (NFLX) will have resistance level at 250.Netflix has support level at $209.Netflix Inc is a buy on pullbacks below $230 any market correction. 

Baidu, Inc. (BIDU)-Share of Baidu, Inc. (BIDU)  is back over $140 again Friday but stock has huge run last few days.Baidu Inc will have major resistance up$145-$150. Baidu has support level at $135. If Baidu Inc. (BIDU) ever falls below $105, I would start buying back.

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