Sep. 17 at 11:22 PM
$TTAN Do you trust the analysts or charts?
That's the dilemma you have with TTAN, along with many software stocks that traders got trapped into with high analyst target price but the stock plunged.
$TTAN $98.42 (+79% upside)
$APP $504.94 (+56% upside)
$FICO $1,440 (+49% upside)
$ADSK $312.87 (+43% upside.
$TTD Used to target price that was well over 100% upside
I was caught with plunging TTD even though I bought it after multiple huge drops, and was extremely lucky to escape out of it by making (lucky) timing to swap to 2x leverage near the bottom when
$TTD between late Feb to early Mar when TTD rallied 60% and TTDU rallied 120%.
With the uncertainty in AI disruption impact, there are huge gaps between the average analyst target prices and how some software stocks have performed.
If you want to give this a shot, I wouldn't buy too big all at once, and consider stopping out if little bit below
$54, and try again after a bigger dip. Go look at TTD charts how big plunges can still repeat.
