Lightspeed Commerce Inc T.LSPD

Excessive

[masfortuna]

Seems like this is overdone. Bounced off support at $36.40 a few times. If you believe in the story, this might be a nice dip to add on. I just did.
Mas

[1condor]

masfortuna...no, this is not overdone. Expect more downside. Markets are finally realizing that interest rates are going to move much higher and at a quicker pace. The tech sector will always take it on the chin in this scenario. 

[Defiance2050]

I could believe that if LSPD was near 100 a share, however interest and valuation crunch was likely already factored in. LSPD seems to follow the market and have better days on good days and worse days on bad ones. Companies that are highly leveraged at lower rate which will be more impacted by supposed high-interest such as Utilies and Telecoms instead are at 52 week highs. 

[masfortuna]

We knew that already. 

[BiggyG]

1Condor..definitely agree with you. Still some more downside coming. Glta

[masfortuna]

If both of you are so "certain" then logically you should sell. No?

[BiggyG]

MasF...I don't hold any, I just dip in and out when I can see an opportunity.

[BiggyG]

1condor Could be another opportunity coming next week Support & Resistance 3rd Resistance Point 39.56 2nd Resistance Point 38.28 1st Resistance Point 36.83 Last Price 34.15 1st Support Level 34.10 2nd Support Level 32.82 3rd Support Level 31.37

[1condor]

masfortuna...I don't currently hold the stock...but will do another trade when it hits my entry point. For us traders volatility is our friend and LSPD fits right into that category.. plus the stock has decent volume and a very nice trading range.

[masfortuna]

Ok all the power to you but I don't really trade stocks.  If I see a buying opportunity, I take it.  Case in point, I bought my first shares at $31 and then added some at $26. Sold about half at $40. Now I am rebuying that half. Not there yet but bought some yesterday and looking to add the rest today.  In the end, I hope to keep them until $45-$50. Mas

[1condor]

masfortuna...I dont want to be the one to break the news to you but you are indeed a trader. Your post outlines that clearly. Welcome to the club and good luck.

[masfortuna]

I do buy and sell my shares if and when they meet a target but I am not adverse to holding for 1-2 years in the case of LSPD.  Meaning that my targets are reasonable but they may be reached sooner rather than later.  A new analyst coverage has indicated $50 as a target.  If this goes above 40% (as it did ) in 3 weeks it changes the timeline.  Anyhow, as I said, if you believ in