It's Halloween ๐ฆ ๐ I am still following the market ๐ป
Hey mooers fans!
We think of Halloween as a day as dressing up as monsters. Trick or treating ๐ฌ and collecting candies along the way.
I wish to collect some candies ๐ป from Moomoo.
So instead of going out Trick or treating and partying, ๐ ๐ I'll be sitting at home doing some trades. Perhaps trade ๐ or treating ๐ฌ .
So here I am sharing you a tale.
We may think that paranormal only happens when is an abandonย haunted house . ๐๏ธ
What happen if I tell you there is a paranormal in the stock market itself?
This is the tale of the bad energy drinks. ๐ฅค
It was on day,
On July 12, I was so confident as it was near my birthday thinking it would be a good birthday gift!
Then this is what happen it feels like all the good news is happening even this happen. Large overflow of inflow at CELH.
Despite so many good news. Sentiments are showing. Tho mainstream media is not telling. Instead of good news going up and up and away.
It starts to
Tank.
.
.
.
And tank!
.
..
.
. And tank! Ahhhhh
Fundamentals are strong ๐ช but why is it tanking.? I can't believe it. It's a horror. I can't take anymore!
It is found out that the price I had set way overvalued and institution think that growth may no longer be sustaining. All that good read for nothing.
In the end I had decided to end the chapter and moved on.
I had decided to split from this share and moved on to tech.
The tale is that not every story of fundamentals will hold true. So my dear mooooerrssss. Will you still believe in the fundamentals of the underlying business? Will you belive the chart more than fundamentals after hearing this tale?
Let me know in the comments below.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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HardPrayer : that's a real scary Halloween stuff
Raving Rabbit 007 : Yup, I experienced same thing with Tesla stock. I bought it last year on good news when it was going up. Then suddenly drop by 10-20%
The price stayed below my cost for half a year by at least 10% or more.
The moment after I sold it at about 10% loss, a week later it started to climb up higher than my cost, when Elon commented that he is going to China..
Aaron Invests (AI) OP Raving Rabbit 007 : I am on the opposite spectrum for Tesla. Is like I am sensing what is Elon going to do. So far been making a good trades from Tesla
FujiApple : You are a good story teller. Hope you get a big bagful of candies from Moo Moo this Halloween .
Aaron Invests (AI) OP FujiApple : Based on a true story despite fundamentals are flawless. I still fail in this trade. Learnt from this lesson to look at the Technicals as well