Long term Bullish, 20 dollars, Short term Bearish

First stock analysis ever - Would love some input / criticism.

I expect ME to hit 20 some time next year, but we may see lower prices short term. I think this stock is quite undervalued even in this current overvalued market - however should the state of the current market correct properly I could see ME dump along with the rest of the market and also because ME was a SPAC, even though its Richard Branson (Virgin) who's in the Pipe of the original SPAC deal.

Komentar:

Interesting, my first prediction played out, both short term and long term, I managed to snatch some share at 7.76. This was however due to news on the stock and not as much technical analysis.

However I do expect this to cool of and return to the median short term (10 per share).

Komentar:

Seems like we are headed for 9, maybe even 8,5. I think to buy at those prices.

Komentar:

Took profits at 13 - but still took the tax loss later in 2021.

They have fallen off a cliff since, but 3,5 seems to be the bottom - as we are nearing the cash that the company has in hand (marketcap comparision).

Looking to buy