Opinion on  Netflix Inc (NFLX)     Sector: Services  >  Industry: Recreational Activities
stands to gain !

from the Blockbuster-Circuit City transaction if it goes through reasons an analyst. Jefferies & Co. Inc. analyst Youssef Squali said in a Tuesday client note that the success of Blockbuster's bid of just over $1 billion for the struggling electronics retailer is "far from certain" but could benefit Netflix in a variety of ways.
These include "making Blockbuster less competitive online, and potentially 'forcing' Blockbuster to sell its DVD-by-mail business to ... Netflix, in an effort to monetize this under-appreciated asset," he said.
Technically:

Moving Average Convergence/Divergence (MACD) indicates a Bullish Trend.

Chart pattern indicates a Strong Upward Trend.

Relative Strength is Bullish.

Up/Down volume pattern indicates that the stock is under Accumulation.

The 50 day Moving Average is rising which is Bullish.

The 200 day Moving Average is rising which is Bullish.

Price is under Support of 35.57 which is Bearish.

Watch for resistance at 37.01

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