Signal NETFLIX Sell — H4 - June 2, 2026 19:31 GMT-4
The H4 chart of NETFLIX reveals a clear downtrend forming after a prolonged consolidation phase. Price has broken below critical support levels, including the 86.37-87.55 range, with declining highs and lows confirming bearish momentum. The latest candle closes at 83.33, marking a significant low that aligns with the broader trend of weakening bullish structure. Volume remains subdued in recent bars, suggesting reduced buying pressure, though higher volume during the downtrend from 89.81 to 83.33 validates the sell signal's strength. Key resistance at 89.81 has been decisively breached, while the current support at 83.33 appears vulnerable. The price action suggests a…