The market fears that Duolingo will lose ground to AI and Google, and on top of that, their marketing executive left the company. That’s why the stock has already dropped 52% from its previous high. But don’t think it’s cheap..nope, at the current price it still has a P/E ratio of 65, so there’s room for more downside.
However, I see that it has reached a major support level, and volume is also increasing. I bought 80 shares at $280.
However, I see that it has reached a major support level, and volume is also increasing. I bought 80 shares at $280.
Catch the move before it happens - ft.wtf/subscribe
Join 2,000+ traders.
Join 2,000+ traders.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Catch the move before it happens - ft.wtf/subscribe
Join 2,000+ traders.
Join 2,000+ traders.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
