most hyped company back in the day the new radio satellite kinda like the BLOCKCHAIN METAVERSE NFT and Ai early stages a great Hype Cycle issue that is applicable to TECH STOCKS crypto narratives etc.. the initial phase is a classic 40x similar to Pre Ipo holders and pre allocation of iCOs the recovery stage is also similar wth a 100x ++ payout .. question...
Buy for short term or long term at 33.25 stoploss of 29.55
The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by Supports Nearby. Risk Reward Ratio - 2:1 SL is placed below the support zone & the lower trendline. The target is placed near resistance.
This one may be a bit risky but valuations are below the historical average and there's is some possibility that the divisions we've been seeing over COVID vaccines leads to a more local-focused population. People getting back to what's real and the issues that actually affect them in order to recalibrate to a sense of normalcy. If there is a tech hangover, I...