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NFLX Wont reach 1200$ before gap fill around 675$ , fair value is 810$. It’s a trap, dont fall for it;)!

NFLX, not sure ... 3 months looks garbage, 1 month looks garbage. Not good yet on chart analysis. What do you guys think? 75% in 2024 looks not healthy... a bit overbought? help much appreciated...

Expectations for the streaming-video provider’s sales appear conservative for 2023, given the unveiling of Netflix’s ad-supported pricing tier. BI’s analysis points to more than $1 billion in additional revenue and potential sales growth of around 11%, versus the consensus projection of about 8%. Advertising should support a higher average revenue per user, offsetting any cannibalization of subscription revenue from customers downgrading to cheaper plans..
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