CD PROJEKT RED STOCK | Big Drop After The Release of Cyberpunk 2077 DLC!
#CDPROJEKT Since the release of the #Cyberpunk2077 DLC Phantom Liberty shares of the Polish gaming company dropped again under the 0.236 retracement on a seven year basis at 130 zloties.
However, we are in my important still closing over the overall trendline that started end of June. Can we drop further? Of course, we can. It is not even excluded that we go back under 100 zloties.
The drop in recent days was expected since it follows the same pattern since the release of Cyberpunk. I suppose that are institutional investors behind this. In the long run and if we see very soon an announcement trailer with footage for the new The Witcher game this shouldnt be more than a small dent.
Personally, I averaged a bit more down in recent days. But hey, this is no financial advice. You can lose all your money in Polish gaming companies. Do never forget this. I have a very diversified portfolio with small positions in high risk stocks like CD PROJEKT.
Enjoy the video.
(NO FINANCIAL ADVICE. I AM INVESTED IN CDPROJEKT)
I AM INVESTED IN ALMOST ALL THE COMPANIES IN THIS VIDEO!
Disclaimer: I am invested for the long-term in the following gaming companies and other companies I mention regularly in my videos. Also read the disclaimer down below. This is no financial advice. This is for information, entertainment or educational purposes only. Investing involves high risk and most probably you will lose your money:
Unity Software - Take-Two - Embracer Group - Bigben Interactive - Corsair - Ultimate Games - Focus Entertainment - Activision Blizzard - Ubisoft - Intel - Tencent - Microsoft - Bloober Team - Playway - Starward Industries - Starbreeze, Digital Bros, Square Enix, Team17, CD Projekt Red, Nacon, Bandai Namco, ENAD, Playtika, Nexon, Paradox Interactive, DontNod Entertainment, Frontier Development, Thunderful Group, and Bitcoin, Ethereum, Cardano, Matic, Tezos, Dogecoin, Solana
Tools & Links:
Beautiful Market Overview is from Finviz.com (https://finviz.com)
Great Gaming Industry Website: https://www.gamesindustry.biz
Charts from Tradingview.com
Charts from google finance, investing.com
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DISCLAIMER + PLEASE READ +: I am not a financial adviser. These videos are for entertainment, information and educational purposes only. Investing of any kind involves high risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research before you buy any stocks. I am merely sharing my opinion with no guarantee of gains or losses on investments. There is a high risk that you will lose all your money in stocks. DO NOT BUY ANY STOCKS YOU SEE IN ANY YOUTUBE VIDEOS.
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Cyberpunk 2077 Statistics For Gaming Industry & Finance
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