Respect the Channel: Fade the Discord Darling
Any discussion of PLTR is full of rosy but vague fundamental projections that will supposedly take this thing to $60+. Retail investors are pouring their life savings into it (one guy on Discord was talking about putting his whole 401(K) into 2023 LEAPS).
Retail investors do NOT have a good track record in the stock market, and reality is already reasserting itself with these retail darlings. When you hear normies talking about a stock, it's probably a good idea to look into fading it long term (this is in contrast to Bitcoin - it lives in both worlds - normies call it "fake internet money" during accumulation periods - yet get crazy about buying in during distribution. This is only the 3rd time I've seen it happen).
Respect the downward channel and target the lower bounds ($15-16 before reassessing). Trend following has a fantastic success rate over the long term; just limit your risk, and you're good (my bear tracking portfolio is up 7% since its inception March 12 despite SPY melt up; one can only imagine the returns when SPY melts down).
Retail investors do NOT have a good track record in the stock market, and reality is already reasserting itself with these retail darlings. When you hear normies talking about a stock, it's probably a good idea to look into fading it long term (this is in contrast to Bitcoin - it lives in both worlds - normies call it "fake internet money" during accumulation periods - yet get crazy about buying in during distribution. This is only the 3rd time I've seen it happen).
Respect the downward channel and target the lower bounds ($15-16 before reassessing). Trend following has a fantastic success rate over the long term; just limit your risk, and you're good (my bear tracking portfolio is up 7% since its inception March 12 despite SPY melt up; one can only imagine the returns when SPY melts down).
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.