Am I the only one losing his mind looking at the $SHOP chart right now?
I missed the boat on the last big run-up and felt that classic FOMO for months. Now, the market serves us this massive dip on a silver platter because of some guidance noise, and my psychological execution is screaming: “Buy the blood in the streets!” But part of me is still staring at that steep chart drop thinking, “Am I missing something here?”
Are we actually looking at a gift from the trading gods here, or is the macro environment about to swallow high-multiple stocks whole?
Who is pulling the trigger with me on this dip, and who is staying on the sidelines out of pure fear? Let’s hear
: $SHOP is down 16% on a guidance nuance, despite growing 34%. This isn't a crash, it's a gift from the trading gods. Change my mind.
byu/Select-Leading-4542 instocks
Posted by Select-Leading-4542
6 Comments
Have you seen their earnings? Long way down buddy
My cost basis is $29.00. I’ve never been able to figure out what to do besides go for the ride on $SHOP. I have found it very difficult to figure out new entry points since my early investments.
Buy buy buy 🚀🚀
100 p/e vs 60 for servicenow and 20 for salesforce
I don’t know enough about Shop, but I sat on DLTR for 2 weeks overthinking and missed it, surged a bunch today.
So I might take a look at Shop! Obviously it tanks if I buy though.
There’s no massive dip. Its new 52 week low was the dip. Before this, there was an earnings run up that got kneecapped. Then it got downgraded. But I have no interest in changing your mind. It’s not like you’re going to lose my money.