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$Altimeter Growth Corp.(AGC)$

Accumulation phase

Trend: This is the phase where no new highs are created and the stocks move sideway for a period of time. 

Why: Institutions buys up main bulk of the sharesavailable in the market. In the case of AGC, institution are holding close to 90%. They will help us form the base of the stock price and we will unlikely to see a big drop. 

What could go wrong: Of cos we cannot expect all to Long this stocks. We are also having a greatbunch of institution and shorties shorting this. They are expecting this stocks to fail once it merge.

This will be a fight now between long and short. But LONG will win the battle. 

Markup phase 

Trend: New highs are created with upward trend.Higher pivot points created along the way. We could be in this phase if we zoom out on the time frame

Why: This is the phase where most retail traders decided to join the party, with consistent buying from institutions and shorts being covered, these factors drive the price in the upward trend 

What could go wrong: 

Profit taking. Admit it, we are humans, we get scared when it hits a new high and when prices start to dip a lil, selling takes place. 

Paperhands. Nuff said abt them. They can watch our rocket launch from the ground.

Shorties are too deep in their position, they have to drive the prices down further. 

(Short data: SI float at 38%, days to cover 6days, cost to borrow 80%)

Distribution phase

Trend: End of Markup phase. Honestly, this is hard to identify. We are all greedy, hoping for a newhigh everytime. But we can try to look out for “head and shoulder” pattern

With this indicator, we shld get ready to exit to maximise profit. 

Why: This phase is the time when we would have successfully landed on the Moon 🌝 

Simply put.. PROFIT MAXIMISATION. 

What could go wrong: 

Well, nothing could have possible gone wrong at this stage, just a matter of earning more or earning less. But we shld be mindful not to enter at this stage (enter if u have greater and further view for this Grab, at ur own risk). 

Markdown Phase

Trend: New lows are created and downward trend. 

Why: Market is cool, investors tend to profit and look for better opportunities. But do note that there is a lock-up period of 3years by AGCxGrab institutions. 

What could go wrong: 

Everything and anything. Honestly, if u do not know how to exit and pull out in time, u bear the consequences. Life advice intended as well 😉 

My View

Every investments come with risk. Only invest how much u are willing to lose and based on ur riskappetite. Do your own due diligence. Im commited to this AGC after doing some extensive research and holds a long position. To all brothers and sisters who are long on this, i will see u on the Moon 🚀🌝