$RDDT is a perfect example of how price shapes narrative. Everyone and their mother knows the potential of the Ads and AI licensing. They are proving on all fronts. But now its down and people are attempting to reshape the WHOLE narrative to bearish.
@cperruna Not sure Ive felt more perplexed by an overreaction like this since Netflix in 2022. Its as if the market thinks RDDT growth as a company is peaked already π
@cperruna@AdamoMancino Doesnβt take away from the fact the chart looks quite good for those who understood the bottoming structure and are taking a bet the ai fear was overblown. Let see earnings dictate next leg