Netflix stock slips below 200-day MA: here's why Josh Brown still favours buying

Core Viewpoint - Netflix Inc (NASDAQ: NFLX) has fallen below its 200-day moving average, raising concerns among technical traders, yet investor Josh Brown remains optimistic about the streaming service's prospects [1] Company Summary - The decline below the 200-day moving average is a significant technical indicator that may influence trading strategies [1] - Despite the technical concerns, notable investors like Josh Brown continue to support Netflix, indicating potential confidence in the company's long-term performance [1] Industry Summary - The streaming industry is experiencing volatility, with technical indicators playing a crucial role in investor sentiment [1] - Investor perspectives, such as those from Josh Brown, highlight the importance of fundamental analysis alongside technical metrics in assessing streaming companies like Netflix [1]