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Barchart
Wajeeh Khan

Netflix Stock Threatens to Break Below Its 50-Day MA. Should You Buy the Dip?

Netflix (NFLX) stock is seeing intense pressure on April 17 after the company’s muted Q2 guidance tempered a significant first-quarter earnings beat. 

The post-earnings slump has NFLX hovering just above its 50-day moving average (MA), with a decisive break below $92 expected to accelerate bearish momentum in the near term. 

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