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.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.