Evenchen
voted
There’s a popular saying in the stock market that equities generally go up on an escalator and down in an elevator. However, with the incredible parabolic move we’ve seen in $MEGL.US$ , investors have found out what can happen when a stock skips the elevator and takes off in a rocket. Today, MEGL stock lost around 90% of its value as momentum very clearly shifted to the downside in this stock.
Thus, perhaps the magic is over.
Magi...
Thus, perhaps the magic is over.
Magi...
9
Evenchen
liked
$DDL.US$
The first to catch up with the rise went into this stock
There is nothing right or wrong about catching up; it depends on your own perception and judgment... Failure only shows that you are too optimistic about this news.
Second, analysis of news and market sentiment
I searched all news outlets, the outbreak in China, the closure of Shanghai, the current situation and prospects of online fresh food sales
The Chinese epidemic is closed down in Shanghai, and many people rely on online food grabbing to get household necessities. This is good news
Online fresh food sales and prospects, I am too optimistic here and have made a mistake in judgment
China's own attitude towards online fresh e-commerce is very unclear because it has shaken the traditional fresh food sales market. This is a large local job market. If it is dominated by fresh e-commerce, it will lead to widespread low education and unemployment among the underprivileged.
Dingdong's own business is in a difficult situation. As the excessive expansion of e-commerce in Shanghai and order subsidies have strained their financial situation, the continuous low stock price has caused investors to feel very negative. My greed has led me to ignore the fundamentals of the company even though I have investigated.
Third, excessive reliance on technical indicators
Over-reliance on technical indicators ignores the lagging nature of technical indicators. Obviously, there are lessons to be learned by referring to technical indicators as the main operating factors.
Fourth greed
I did not take a timely position because of greed, and because the economic situation that began this week continued to be unfavorable. I originally wanted to choose a prudent investment operation, but I had a chance to profit, due to the above analysis and human greed...
The first to catch up with the rise went into this stock
There is nothing right or wrong about catching up; it depends on your own perception and judgment... Failure only shows that you are too optimistic about this news.
Second, analysis of news and market sentiment
I searched all news outlets, the outbreak in China, the closure of Shanghai, the current situation and prospects of online fresh food sales
The Chinese epidemic is closed down in Shanghai, and many people rely on online food grabbing to get household necessities. This is good news
Online fresh food sales and prospects, I am too optimistic here and have made a mistake in judgment
China's own attitude towards online fresh e-commerce is very unclear because it has shaken the traditional fresh food sales market. This is a large local job market. If it is dominated by fresh e-commerce, it will lead to widespread low education and unemployment among the underprivileged.
Dingdong's own business is in a difficult situation. As the excessive expansion of e-commerce in Shanghai and order subsidies have strained their financial situation, the continuous low stock price has caused investors to feel very negative. My greed has led me to ignore the fundamentals of the company even though I have investigated.
Third, excessive reliance on technical indicators
Over-reliance on technical indicators ignores the lagging nature of technical indicators. Obviously, there are lessons to be learned by referring to technical indicators as the main operating factors.
Fourth greed
I did not take a timely position because of greed, and because the economic situation that began this week continued to be unfavorable. I originally wanted to choose a prudent investment operation, but I had a chance to profit, due to the above analysis and human greed...
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Evenchen
liked
$NIO-SW.HK$ The rise in Hong Kong stocks will be bullish again tomorrow
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