One more thing: $CRCLB hit a new 30-day low at 62.56. The previous low was 62.92.
Whenever a new low is reached, someone on the feed always calls for buying the dip. But in a weak market, a new low is often followed by another new low. 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.
Different views are welcome—feel free to share your thoughts in the comments.
Just my personal opinion; take it with a grain of salt. This isn’t advice.
Whenever a new low is reached, someone on the feed always calls for buying the dip. But in a weak market, a new low is often followed by another new low. 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.
Different views are welcome—feel free to share your thoughts in the comments.
Just my personal opinion; take it with a grain of salt. This isn’t advice.