Signal NETFLIX Sell — H4 - June 3, 2026 02:13 GMT-4
The H4 chart of NETFLIX displays a clear bearish bias, with price forming a series of lower highs and lower lows following a strong downtrend. The latest candle closes at 83.33, marking a significant break below key support levels, including the prior high of 86.33, which now acts as a resistance-turned-support. Volume spikes to 8156 during the decline, confirming the strength of the downward move and validating the sell signal. The price has been consolidating within a descending channel, with recent rallies failing to sustain above 86.33, indicating weakening bullish momentum. The current setup suggests a continuation of the downtrend,…