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!
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.
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Alaness : It went past what I thought it should stop at. To me this is a danger zone hahaha. I wonder how many will start scolding the stock when it drops like mad back to 40s.
HUATBIGBIGGG OP Alaness : Yup, is good at least we got the slight gauge how much it actually can go, once it drops. We will buy from these FUD donkeys :)
Alaness HUATBIGBIGGG OP : Though now it will hard to gauge which is the true drop amt hahaha. I am expecting 46 but u have seen cases where it hovered and then suddenly plunge again haha.
Alaness Alaness : This is a short squeeze already