Went to the mall today, I saw the POPMART store closed. Thought "oh I guess the trend is over" then I turned around, the POPMART store moved to a bigger store.
Walked around a bit more, and saw another POPMART store (yes there's 2) and there was a very long line in a retractable queue barrier. Like 30 minutes to an hour long line just to enter the store.
All this to say, it makes no sense that it's down 30% right now. Yes, lines this long are a major top signal, but it shouldn't be down 30% at peak hype. I'd gladly risk 10% to make 50% here.
Walked around a bit more, and saw another POPMART store (yes there's 2) and there was a very long line in a retractable queue barrier. Like 30 minutes to an hour long line just to enter the store.
All this to say, it makes no sense that it's down 30% right now. Yes, lines this long are a major top signal, but it shouldn't be down 30% at peak hype. I'd gladly risk 10% to make 50% here.
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.