Netflix stock has returned to a floor where buyers have repeatedly appeared, but this time it arrives with new questions about its growth story.

Netflix (NFLX) entertains an audience approaching a billion people, delivering original series, films, and live events to screens around the globe. Yet its stock, after a -33% slide over the past year, now sits around $81.46 a share. That price puts it squarely in a zone between $77.39 and $85.53 where buyers have stepped in to halt a slide on three separate occasions. History says buyers show up here. The question every investor must answer is: will they this time? The pattern of defense at this level has been potent. As the table of prior bounces shows, each successful hold led to significant…