Chocoloco
:
seriously not an expert comment but the last time this parabolic upswing happened. What happened next got my ass burnt for 2 years. Well i mean this could be the start of a 2 years bullrun or a bear trap. Nobody knows. My gut feeling tells me to get real until the fed returna to 0-2% interest rate, wheres the hype coming from?
Chocoloco
:
yes it shouldnt be sustainable. Buying into AI is buying into future value which is now at over 5% interest rate where US dollar is weakening. I dont think its going to take long before fed makes a clear interest rate drop, probably 3Q results. So for swing trade i suspect a pull back, but for long term investment. Just hold, the shares cant go lower than 9, which was before company turn profit
102276907 : i just bought. will be holding
anil kumar6 OP 102276907 :
Reginaldkhoo : bought yesterday 12.50 ,I think just hold for mid or long term. AI wave is just like EV wave gone thru the whole bull run
GERMAN APE : Normaly is time to sell now
Chocoloco : seriously not an expert comment but the last time this parabolic upswing happened. What happened next got my ass burnt for 2 years. Well i mean this could be the start of a 2 years bullrun or a bear trap. Nobody knows. My gut feeling tells me to get real until the fed returna to 0-2% interest rate, wheres the hype coming from?
Denkamwe Chocoloco : AI?
Chocoloco : yes it shouldnt be sustainable. Buying into AI is buying into future value which is now at over 5% interest rate where US dollar is weakening. I dont think its going to take long before fed makes a clear interest rate drop, probably 3Q results. So for swing trade i suspect a pull back, but for long term investment. Just hold, the shares cant go lower than 9, which was before company turn profit
Quokka : The strong are always strong, punch
假如的假如 : Still waiting for an opportunity?
MonkeyGee : well the first thing is you shouldn't have sold in the first place. the stock is moving because of people who buy high and sell low