OK I know this isnt exactly what this subreddit is for (now anyway), but people have been talking alot about support levels recently etc.
When a stock fluctuates it is easy to identify where support and barriers are, likewise I know you can use traditional multiples against different aspects of the financials of the security and its book value etc.
I am just curious as to the different means and methodologies used to calculate/ determine them? You know.. besides needing the security to hit a certain price target for personal reasons, or just pulling a price out of thin air.
via r/wallstreetbets https://ift.tt/3qhG8Zq
June 10, 2021 at 04:57PM