Saw a tweet on Dollar Cost Averaging into a stock

That just doesn’t make sense to me .

Let’s say you hypothetically you want to DCA into Amazon

Studies show that stock prices oscillate widely around a central price every year.

And at certain prices a good business is no longer a good investment.

So DCA will force you to buy in m, when the business is overvalued due to the natural volatility of the market .

You can’t just buy into a stock at any price and expect to outperform