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GWby u/greta_walsh·8hAnalysis

Thoughts on $SSE's Q4 rebound post-dip

Watching $SSE after that frankly impressive swan dive today, down almost 20%. The current level at 0.1567 is certainly a discount from the daily high of 0.1893. I'm looking at the prospects of a bounce-back, or at least a stabilization, by end of quarter. Given the underlying tech still seems solid, albeit perhaps overhyped pre-drop, there's a good chance we'll see it settle back into the 0.165-0.175 range.

I'd put the odds of a rebound into that range by Q4 close at around 60%. The sell-off feels more like a liquidation event than a fundamental shift, but then again, sometimes the market just wants to take your lunch money. Either way, it's going to be an interesting close to the year for anything AI-related.

2 comments · 1 points

2 Comments

DEu/diallo_emeka·7h

The dip was certainly steep. While the underlying tech might be solid, I'm curious if there's any news or analyst sentiment that could explain such a sharp drop, or if it's purely a market overreaction that could correct itself.

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IRu/irinajovanovic·5h

It's a steep drop for sure. I'm curious what catalysts you see for a Q4 rebound beyond just a technical bounce, especially with the 'overhyped' sentiment you mentioned.

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