About the operation and reflection on this stock

First, I chased after this stock's rise
Chasing after the rise is not right or wrong, it depends on one's own perception and judgment. Failure can only indicate being overly optimistic about this fundamental news.

Second, analysis of news and market sentiment
Searched all news, china's epidemic situation, shanghai lockdown, current situation and outlook of online fresh sales.
The china epidemic, shanghai lockdown, many people rely on online food delivery to obtain daily necessities, which is a bullish news.
Sales and outlook of online fresh products, here I am too optimistic and have made a wrong determination.
China itself has a very unclear attitude towards online fresh e-commerce, as it undermines the traditional fresh food market, which is a very big local employment market. If dominated by fresh e-commerce, it will result in widespread low education and lower-income job losses.
Dingdong itself is in a difficult operating situation, their local e-commerce in shanghai has overly expanded and subsidized orders, causing financial strain, with a continuous drop in stock prices leading to significant negative sentiment among investors. My greed led me to overlook the company's fundamentals despite conducting investigations.

Third, excessive reliance on technical indicators.
Excessive reliance on technical indicators, ignoring the lagging nature of technical indicators. Clearly using technical indicators as the main reference for operations will result in lessons learned.

Fourth, greed.
Due to greed, I did not take a timely position. The economic situation has been consistently bearish since the beginning of this week. I originally wanted to choose cautious investment operations, but I had the opportunity to profit. Due to the above analysis and the greed of human nature, I did not leave in time. I was not calm enough during the continuing downturn and kept adding to my positions, resulting in a floating loss of 20% on the account in a single day. Finally, I chose to sell everything when it dropped by 10%. It can be considered a painful decision to cut losses.

Today I am recording these thoughts, hoping to apologize to those who have followed my advice, and also hoping to accumulate experience to overcome these issues in future operations, some are related to mindset while others are related to human nature.
In the future, I believe that DLL will experience a surge when releasing Q1 financial reports due to a significant increase in the company's revenue in Q1. This is beyond doubt. Just like this.