I'm looking for a good re-entry point and thought I'd canvass the group to see where you think the bottom is before she starts her climb back up through 42K and beyond?
I am thinking around 20K.
Any guesses? If so, why (sentiment, support levels, etc)?
Thank you.
Happy 2021 and good luck to you all!
$20K is already good as a new entry-level, but the market is very volatile on what's happening around the world if there's no bad news as bad as the pandemic then $20k is the lowest that it can go down, and a good entry-level, it's still hard to predict, the market is still doing good we have not yet the all-time high before the correction, the momentum is still there.