Hey everyone, there are many stocks that are overvalued right now in this market but these 2 stick out to me. Tesla just seems ridiculous to me to be $340 a share when the company isn't even profitable and is very vulnerable to a market crash.
McDonalds is also overvalued in my opinion. Not because of the company itself. It is a great company but the price has just gone up with hardly any pullbacks. Nothing goes straight up forever so it will be interesting to see how this one plays out.
Comment your thoughts below!
The bubbles are starting to burst. Your analysis is pointing in the right direction. Watch the usd melt next week.
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Thanks Dre.
Yep from the charts that you're displaying, it does look risky to even hold these right now...
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For some reason, it's not letting me upvote you? very frustrating!!!
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that is very frustrating!
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I would imagine that this pattern covers most of the mainstream stocks right now.
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