GOOG Overpriced After 100% Gain, DUOL & META Not Worth Chasing

PeterDiCarlo
10:49

1. $Alphabet(GOOG)$ $Alphabet(GOOGL)$

Most traders see $GOOGL / $GOOG ripping and want in.

My system says “late to the party.” 🚨

Entry was ~167 back in June when Monthly BX flipped up.

Now it’s up 100% and sitting in my “overpriced” zone where I trim, not start.

2. $Duolingo, Inc.(DUOL)$

Most traders see $DUOL down 73% and want to “buy the dip.” My system still says “stay out.”

3. $Meta Platforms, Inc.(META)$

Everyone’s lining up to trade $META earnings.

I'm NOT chasing ❌

Monthly BX is dark red, and from here upside to ATH is ~30% while downside to major support is also ~30%.

That’s a 1:1 I don’t touch.

For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with unlimited trading on SG, HK, and US stocks, as well as ETFs.

🎉Cash Boost Account Now Supports 35,000+ Stocks & ETFs – Greater Flexibility Now

Find out more here.

Complete your first Cash Boost Account trade with a trade amount of ≥ SGD1000* to get SGD 688 stock vouchers*! The trade can be executed using any payment type available under the Cash Boost Account: Cash, CPF, SRS, or CDP.

Click to access the activity

Other helpful links:

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment