Honestly, $MOVR just hit a new 24-hour low at 1.811. The previous low was 1.8187.
Every time it hits a new low, someone in the comments says to buy the dip. But in a weak market, new lows are often followed by even lower lows. I’ll wait for the price to get back above the previous low before taking another look—I’m not going to try to guess the bottom.
If you disagree, feel free to say so in the comments.
#MOVR
For reference only. Trade at your own risk.
Every time it hits a new low, someone in the comments says to buy the dip. But in a weak market, new lows are often followed by even lower lows. I’ll wait for the price to get back above the previous low before taking another look—I’m not going to try to guess the bottom.
If you disagree, feel free to say so in the comments.
#MOVR
For reference only. Trade at your own risk.