The H4 chart of NETFLIX shows a bullish reversal forming after a prolonged consolidation phase. Price has been consolidating between 74.13 and 74.52, with the most recent candle closing at 74.32—a key level that acts as both a support and pivot. The breakout above the consolidation high of 74.52, confirmed by elevated volume (13747) on the preceding candle, signals strong buying pressure. The prior low at 72.29 serves as a clear psychological support, with price currently testing it as a potential entry point. Momentum indicators suggest a shift in trend, as the recent rally has been driven by higher lows…

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