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FOMO

A futuristic stock, look no further. is great that the price goes up, but like all those experienced investor know,

beware of FOMO (Fear Of Missing Out)
people are going to buy this stock at $55 because of FOMO and when it dropped few dollars these special breed of donkeys will sell it and make a loss.
YOU DO NOT AND CANNOT BE IN THIS CATEGORY.
For those who have a smaller budget,
DO NOT FEAR OF MISSING OUT.
remember this might not be the ideal price right now to go for an entry.
be patience and wait $Lucid Group (LCID.US)$ will glady drop the price of the stocks and gave you an entry.

“gauge”
if you monitor enough, you will realised there is a certain resistance line where it doesn’t drop below this “price” and it will not exceed this “price” that’s where you know how much people are willing to sell and willing to buy :).

always put a stop limit on how much YOU WILLING TO LOSE.

It will not stay green always.

enjoy!
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
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Just a humble 22 years old investor in Singapore. Follow me for free advice.
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