Signal NETFLIX Buy — D1 - June 21, 2026 04:46 GMT-4
The D1 timeframe for NETFLIX (NFLX) shows a clear downtrend from the May 20 high of 96.24, with multiple lower highs and lower lows. The recent close at 77.33 on June 18 marks a critical support level, potentially signaling a reversal after a prolonged consolidation phase. The prior day's close of 78.74 suggests a minor bullish retracement, but the volume on June 18 (19660) is notably lower than the preceding day (23585), indicating reduced selling pressure. This could imply a temporary pause in the downtrend, creating a setup for a potential bullish breakout. The price action near the support level,…