Signal NETFLIX Sell — H4 - July 12, 2026 11:26 GMT-4
On the Netflix H4 chart the price has been carving lower highs since the early June swing, with the most recent swing low around 71.0 and a descending channel formed between 77.5 and 71.0. The penultimate candle (75.33‑72.93) showed a sharp bearish thrust on heavy volume (8.7k), confirming the breakdown of the 75.73 resistance. The current candle closed at 73.36, marginally above its open but on thin volume (4k), suggesting the sell momentum is still intact despite a brief pause. With the 75.73 level now acting as a clear stop‑loss barrier and the next major demand zone near 66.6‑68.0, the…