Just a quick thought: I just saw it drop 5.07% in $KGEN 5 minutes. The plaza will probably start calling for a bottom again.
My own rule of thumb is not to catch the first knife during a sharp drop. I wait for the price to stabilize, then see whether there’s strong buying support. One level to watch right now is the 24-hour low of 0.066.
There’s usually no harm in waiting a little longer before trying to catch the bottom. Feel free to share your thoughts in the comments.
My own rule of thumb is not to catch the first knife during a sharp drop. I wait for the price to stabilize, then see whether there’s strong buying support. One level to watch right now is the 24-hour low of 0.066.
There’s usually no harm in waiting a little longer before trying to catch the bottom. Feel free to share your thoughts in the comments.
