Signal NETFLIX Sell — H4 - May 28, 2026 21:49 GMT-4
On the H4 timeframe for NETFLIX, the price has been consolidating below key support levels following a prolonged uptrend. The last few candles show a clear downtrend with lower highs and lower lows, culminating in a close at 86.33, which aligns with a critical support breakout. Volume on this candle is relatively low, suggesting potential indecision, but the sustained price action below prior support indicates weakening bullish momentum. The recent consolidation near 86.33 appears to be a final attempt to rally before a deeper decline, with the immediate trend favoring sellers. Key resistance at 89.35 (now a psychological level) has…