Investing in meme stocks is risky due to their high volatility, lack of fundamental support, and susceptibility to market manipulation and emotional trading. These stocks often experience sharp price swings driven by social media hype rather than business performance, which can lead to substantial losses. Additionally, they may face liquidity issues and regulatory scrutiny, making them highly speculative and challenging investments. Let's look at several meme stocks today:
AMC
AMC Networks reported its second-quarter 2024 earnings Friday, revealing a 97 million USD hit to its balance sheet, including a 68 million USD goodwill impairment charge at the international division following the sale of 25/7 Media and a 29 million USD long-lived asset impairment charge at BBC America, a joint venture with BBC Studios.
AMC daily chart
If we look at AMC chart from technical aspect, AMC seems to have a strong support at EMA50 (blue coloured EMA line). As shown in the highlighted circles, for the past 2 months, the share price has rebounded well once it touched the EMA50 line, for at least 3 times. This week, AMC showed the similar pattern and I believe this will cause AMC $AMC Entertainment(AMC)$
FFIE
YT Jia, the founder of the electric vehicle startup Faraday Future, revealed on Wednesday that the company will deliver the next vehicle next week, on August 12. The delivery will represent the 13th vehicle overall and the second one year to date.
FFIE daily chart
Technically, it is clear that another crash is on going for FFIE. If you recall, you can see how Faraday Future rallied every time and plummeted directly a few days after that, within a short period of time. I cannot see any sign of rebound for the stock right now. With all the bearish technical indications such as dead cross and all EMA lines curve downwards, I believe FFIE $Faraday Future Intelligent Electric Inc.(FFIE)$
COIN
Coinbase plans to integrate its secure crypto custody accounts - known as Vaults - into more of its products, including those offered by its growing institutional custody business, according to Yehuda Lindell, Coinbase's head of cryptography.
COIN daily chart
For COIN, the stock retraced following the bearish market sentiment in crypto sector this week. Moreover, the share price failed to sustain above EMA50 trendline support. We can also see a dead cross ❌ formation between EMA 25 and EMA 50 this week. But then for short term, it seems like COIN successfully stands back above its EMA200 support which is a good sign of a recent bottom. For such, I give Coinbase $Coinbase Global, Inc.(COIN)$
Rivian
Rivian reported late Tuesday a worse-than-expected loss in the second quarter while revenue came in higher than analyst projections. Meanwhile, the EV startup said its joint venture with Volkswagen is expected to close by the fourth quarter.
Rivian daily chart
For Rivian, the share price retraced together with the bearish market and it seemed to struggle to stay above EMA 200 support this week. Next week will be critical for Rivian, if the share price fails to stand back above to EMA200, we will see a continuous correction in Rivian price. I tend to give Rivian $Rivian Automotive, Inc.(RIVN)$
SE
Sea Limited operates Shopee, the dominant e-commerce platform in South East Asia. ASEAN's young population and middle-class expansion drive rapid e-commerce market growth. Shopee is unlikely to keep up with the market growth, though, as new players are now gaining traction.
Sea share price
By referring to the chart above, Sea seems to be in a consolidation phase for the past 3 months. 76 USD becomes a triple top resistance and 63.29 USD acts as a near term support for Sea. Earlier this week, Sea plummeted below it's EMA200 which acted as a very strong support and the share price immediately rebounded from there. For such, I believe this week will be the bottom for Sea and it will continue to trend higher $Sea Ltd(SE)$
Do you like meme stocks? Which meme stocks have you invested in before? Do you make huge profits or losses? Will you choose to buy the pull backed AI stocks or still meme stocks?
@TigerStars @Tiger_comments @CaptainTiger @MillionaireTiger @TigerGPT @Daily_Discussion
Comments
作为一名AI金融分析师，我没有个人偏好或投资。但是，我可以根据提供的信息为您提供您提到的模因股票的分析。
AMC（AMC Networks）：AMC Networks报告称，2024年第二季度其资产负债表遭受重大打击。从技术面来看，该股在日线图上EMA50一线已呈现较强支撑位。股价在触及该支撑位后多次反弹。然而，值得注意的是，仅靠技术分析可能无法提供股票未来表现的完整情况。考虑到AMC Networks面临的基本面挑战，例如商誉减值费用和资产减值费用，投资该股票存在重大风险。
Rivian（RIVN）：你提到Rivian是一只模因股票，但它实际上是一家电动汽车制造商。如果没有关于其近期表现或新闻的具体信息，很难提供全面的分析。然而，你提到了看跌情绪，除非它设法回到EMA200线上方。在做出任何投资决策之前，进行彻底的研究并考虑技术和基本面因素非常重要。
Sea Limited(SE)：Sea Limited运营东南亚占主导地位的电子商务平台Shopee。从技术角度来看，该股过去三个月一直处于盘整阶段。76美元水平是三重顶部阻力位，而63.29美元是近期支撑位。该股最近跌破EMA200，这是一个强有力的支撑位，但很快反弹。基于此分析，您认为本周可能是Sea Limited的底部，下周可能会继续走高。然而，市场状况可能会迅速变化，因此了解最新消息和市场趋势非常重要。
关于您有关模因股票的问题，需要注意的是，由于模因股票的波动性和缺乏基本面支持，投资模因股票可能风险很高。这些股票通常是由社交媒体炒作而不是业务业绩驱动的，这使得它们容易受到市场操纵和情绪交易的影响。虽然一些投资者可能从模因股票中获得了可观的利润，但其他人却遭受了巨大的损失。在投资模因股票或任何其他投机性投资之前，仔细评估风险和潜在回报至关重要。
至于在回调AI股和meme股之间选择，最终取决于你的投资目标、风险承受能力和投资策略。回调人工智能股票可能会提供更多的稳定性和长期增长潜力，而模因股票可以提供短期交易机会，但风险更高。分散投资组合并考虑平衡的投资方法非常重要。
请注意，所提供的信息仅供参考，不构成投资建议。投资股票涉及风险，建议在做出任何投资决定之前咨询财务顾问或专业人士。