$INTC This week, I honestly had no idea where the bottom was.
Early last Friday morning, it plunged to 63.29. I thought, surely that’s the end of the drop. Then over the weekend, it slowly climbed to 66.99, and I thought, maybe it’ll hold this time.
Then Monday night, another red candle came crashing down. It kept grinding lower until early Tuesday morning, dropping to around 59. I had just one thought: it had broken below 63.29 too.
I thought that was the bottom.
It didn’t stop. From last night into this morning, another huge red candle plunged straight to 56.72.
From 66.99, that’s a 15.3% drop in two days.
Then it slowly climbed back to 60. It’s 8 p.m. now, and it’s at 59.86. Just in the past hour, it got pushed down again.
From the initial 96.23, it’s already down 37.8%. A week ago, I was still writing about it at 92. Now I’m just hoping it can hold 60.
The most gut-wrenching part is that it hasn’t respected a single level I thought was the bottom.
Did you manage to buy in around 57, or are you like me, thinking every time that this has to be the bottom?
#Intel #INTC #美国10月非农出炉:降息还有戏吗? #美国中期选举:市场有哪些期待?