Signal NETFLIX Sell — H4 - June 3, 2026 05:45 GMT-4
The H4 chart of NETFLIX (NFLX) reveals a clear bearish trend with consecutive lower highs and lows, indicating weakening bullish momentum. The recent candle closing at 83.33 marks a significant low, supported by high volume (9309), which validates the selling pressure. Price has been consolidating near the 86.37 level, acting as a key resistance, but failed to hold, leading to a breakdown. This confirms the sell signal's validity, as the price action suggests a continuation of the downtrend. The prior consolidation phase shows exhaustion in the uptrend, with volume contraction during rallies and spikes during selloffs. The current setup aligns…