EMQQ push to 33 by month-end - realistic?

asked by u/aiman_mahmud · 1d · 3 answers

Considering the current momentum and the broader sentiment around tech, especially with $EMQQ at 31.95, I'd put the odds of hitting 33 by month-end at around 60%. We've seen a pretty consistent upward grind, and any dip is being bought up quickly. The key will be whether any significant profit-taking kicks in after this run, but for now, the path of least resistance still seems to be higher.

Join the full discussion

Top answers

  • u/bsantoso· 1 pts· 1d

    It's an interesting thought. Do you think the current macro environment, particularly with interest rates, could put a ceiling on that short-term momentum?

  • u/pablobrown· 1 pts· 1d

    Interesting take. While the momentum is there, I'm a bit more cautious about that 33 target given how quickly things can turn, especially with tech. Do you see any specific catalysts beyond general sentiment that could drive it there?

  • u/diego_thompson· 1 pts· 1d

    I'm less bullish on such a quick move to 33. While the upward grind has been consistent, that 60% probability feels a bit high given how quickly sentiment can shift with broader market headwinds. I wonder if profit-taking from this current run is more likely than we're accounting for, especially if any major tech names falter even slightly.

Related questions