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$Sea (SE.US)$ know what to expect this week for SEA? I did a technical analysis on it so you know what to expect this week! Also know your support and resistance levels!
As always trade safe and invest wise!
As always trade safe and invest wise!
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$ROUNDHILL MEME ETF (MEME.US)$
In my opinion, this ETF is not worth a buy. People buying into meme stocks are looking for a potential short squeeze in a particular stock and reaping the windfall as soon as the price skyrocketed. Based on the past short squeezes in meme stocks, it almost always happened to only 1 - 2 stocks at a time. Buying an ETF defeats this purpose because it holds a basket of various stocks and the likelihood of having majority of these stocks experiencing a short squeeze at the same time is unlikely. I would advise meme gamblers to put in the effort to continuously look for a few potential meme stocks and bet on those.
In my opinion, this ETF is not worth a buy. People buying into meme stocks are looking for a potential short squeeze in a particular stock and reaping the windfall as soon as the price skyrocketed. Based on the past short squeezes in meme stocks, it almost always happened to only 1 - 2 stocks at a time. Buying an ETF defeats this purpose because it holds a basket of various stocks and the likelihood of having majority of these stocks experiencing a short squeeze at the same time is unlikely. I would advise meme gamblers to put in the effort to continuously look for a few potential meme stocks and bet on those.
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I started trading $Sea (SE.US)$ as I purchase from Shopee frequently. I'll also check what Sea Grp is doing, and even if from fundamentals point of view it's not "profitable", ultimately I buy into my long-term belief of the company. So when it's green I may realise my profits but totally no fear when it's red (these few weeks), in fact I'm happy I can DCA and buy the dip!! but as a moomoo-er once said, dont need to buy EVERY dip, and also don't fomo and learn to trust yourself!!
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$Nu Holdings (NU.US)$ Raise your hand if you want to buy NU.
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$Grab Holdings (GRAB.US)$ I really don't understand why some people like to buy more when the price falls, and then they keep getting trapped. It's such a waste of time and effort. Dreams cannot feed us.
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Id buy NVDA $NVIDIA (NVDA.US)$ over DIS $Disney (DIS.US)$ . NVDA has the possibility to change the world as we know it. Can you say the same about DIS?
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$Sea (SE.US)$ No profitability path n gaming sector income shrink to cover the losses. Bigger n bigger losses every quarter.
CCP are cracking down on gaming sectors. No sight of pausing as Xi leadership continues.
Main income flow cut... Capital running out and issue new share capital raising recently.
More share on market good for short.
No capital announcement that available to buy back stocks if pricing collapse.
Overvalued n burning, best target to short.
200 target
CCP are cracking down on gaming sectors. No sight of pausing as Xi leadership continues.
Main income flow cut... Capital running out and issue new share capital raising recently.
More share on market good for short.
No capital announcement that available to buy back stocks if pricing collapse.
Overvalued n burning, best target to short.
200 target
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