Just a quick note: $AXS has hit a new 30-day low of 0.961, below its previous low of 0.9644.
Whenever it hits a new low, people in the comments start calling it a buying opportunity. But in a weak market, new lows are often followed by even lower ones. I’ll wait for the price to recover above the previous low before taking another look—I’m not going to try to call the bottom.
If you see things differently, feel free to share your thoughts in the comments.
Whenever it hits a new low, people in the comments start calling it a buying opportunity. But in a weak market, new lows are often followed by even lower ones. I’ll wait for the price to recover above the previous low before taking another look—I’m not going to try to call the bottom.
If you see things differently, feel free to share your thoughts in the comments.