See now $KORU is pumping! The pump has been pretty strong! Yesterday, they were already calling the bottom at $10. KORU went from 50 to almost single digits… how much more panic can this market take?
The Korean stock market has been absolutely crushed, and now the expectation is that the government will step in to support it.
That’s why I’m looking at this dip differently.
When prices have already fallen this hard, even a serious intervention or positive headline can trigger a sharp rebound.
Everyone is scared to buy while the chart is red. But if the rescue comes, waiting for confirmation could mean buying much higher. 👀
$KORU is at a level where I’d start looking for a recovery play.
The big question is whether the government steps in before the selling gets even worse. 🔥⬇️
The Korean stock market has been absolutely crushed, and now the expectation is that the government will step in to support it.
That’s why I’m looking at this dip differently.
When prices have already fallen this hard, even a serious intervention or positive headline can trigger a sharp rebound.
Everyone is scared to buy while the chart is red. But if the rescue comes, waiting for confirmation could mean buying much higher. 👀
$KORU is at a level where I’d start looking for a recovery play.
The big question is whether the government steps in before the selling gets even worse. 🔥⬇️