MEGL (+80%): Bullish or Bearish?

【Key Point】Magic Empire Global stock soared as much as 5,799% in its IPO debut last Friday, and its market valuation topped $4.7 billion despite the fact that the company only generated $2.1 million in revenue in 2021... 【Topic】With the stock jumping over 80% this week after a 100% drop, how long will it continue to go up? Or will it be dumped again?

User Discussion

avatarTKCat
2022-08-18
avatarHuatforever9
2022-08-17
$Magic Empire Global Ltd(MEGL)$Might be a bull trap for scalping. Invest at your own risk and the amount you willing to lose. 
avatarTan Boon Hup
2022-08-17
avatarDemonbuster
2022-08-17
avatarDemonbuster
2022-08-17
avatarXiaodai
2022-08-17
avatardaz888888888
2022-08-17
$Magic Empire Global Ltd(MEGL)$Magic Empire (MEGL) stock continues to take investors on a wild ride as the Hong Kong-based company sees massive volatility after its recent IPO. MEGL listed its IPO at $4 but opened its first full day of trading at $50 on August 5 before finishing the first day at $97. This was a gain of a colossal $93 in just one day of trading. Since then MEGL stock fell back to just over $8 last week, but Monday saw a resurgence of interest as MEGL more than doubled and closed up at $17.73. 
avatardaz888888888
2022-08-17
$Magic Empire Global Ltd(MEGL)$Be happy be magical !Bought 10,100 shares at $8.24 sold half at $18.74, sold another quarter at $21.99 [Miser] 
avatarAlanChia
2022-08-17
avatarCWK1965
2022-08-16
Happened to me often. It goes down when I buy then up when I sell.
avatarJameskx
2022-08-16
$Magic Empire Global Ltd(MEGL)$Probably high chance crashing but well nothing in life is for sure.. 
avatarKingcat
2022-08-16
Bullish [Sly] 
avatarBoein3G
2022-08-16
Bullish
avatarpeter1633
2022-08-16
The best performance stock of 2022.
avatarVincentan59
2022-08-16
Still up???
avatarVincentan59
2022-08-16
Hope is a rocket
avatarrL
2022-08-16
$Magic Empire Global Ltd(MEGL)$Goes up when u never buy. Goes down once you buy.[Facepalm]  
avatardaz888888888
2022-08-16
$Magic Empire Global Ltd(MEGL)$MEGL is the Magic Ride to the Stars ⭐️ and Beyond
avatarJaneJane
2022-08-16
avatar夜裡精靈
2022-08-16
$Magic Empire Global Ltd(MEGL)$Wohoo! But i sold at 15$ 😅