RT @babyfolio: Sometimes I really don't understand how people turn bearish when stocks fall and suddenly become giga bullish when prices go up. Too many people let price action dictate their conviction instead of looking at the actual business. If the fundamentals haven't changed, a higher price usually means worse R/R, not a stronger bull case. And the opposite is true when prices fall. Obviously, this applies to good companies you believe will recover, not every stock that gets beaten down. Look at $NBIS. I barely see any bullish takes anymore, while half of X is busy talking about an AI financing bubble. Funny how quickly sentiment changes with the stock price.
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