Watching $NFLX 72.50 support, with an eye on the 20-day SMA

Been looking at $NFLX after the recent pullback, and that 72.50 area is really standing out. It's held as a bit of a psychological level and a minor prior resistance/support zone on a few occasions over the past couple of weeks. We saw it bounce hard off that 72.51 low today, which reinforces the idea that there's some buying interest stepping in around there.

The broader context here is key, though. We're still trading below the 20-day simple moving average, which is currently sitting around 74.50. If $NFLX can't reclaim that SMA in the next day or two, especially with the overall market choppiness, then this 72.50 level might not hold for long. A sustained break below 72.00, perhaps on higher volume, would invalidate this short-term support thesis for me. That would suggest sellers are firmly in control and we'd likely see a retest of lower levels from late last year. For now, it's just a level to watch, not a definitive signal.