A stock with a higher price to earnings ratio than Shopify?
Diupdate
I'm sure this company has a lot of really compelling reasons why they're going to make their valuation make sense at some point in the future but right now the company is worth 67% more than 
SHOP which is arguably the most overvalued stock with a market cap above a billion. My guess is we test $60 soon, bounce off $60 to around $65 and then proceed lower possibly all the way to $45. The company is raising guidance, but there is incredible uncertainty regarding their value proposition. We recently breached a volume support level at $75. Buyers are exhausted. Another scenario: we could bounce off the $70 level but then quickly move lower directly to $50. I'm 70% sure this stock will be at least 20% lower in the next three months.
SHOP which is arguably the most overvalued stock with a market cap above a billion. My guess is we test $60 soon, bounce off $60 to around $65 and then proceed lower possibly all the way to $45. The company is raising guidance, but there is incredible uncertainty regarding their value proposition. We recently breached a volume support level at $75. Buyers are exhausted. Another scenario: we could bounce off the $70 level but then quickly move lower directly to $50. I'm 70% sure this stock will be at least 20% lower in the next three months. Catatan
yup.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.