Expecting one more drop before it gets better. Everyone is still in the panic stage to this epidemic...MORE TO COME as its only getting worse. What is a Dead Cat Bounce?
"A dead cat bounce is a temporary recovery of asset prices from a prolonged decline or a bear market that is followed by the continuation of the downtrend. A dead cat bounce is a small, short-lived recovery in the price of a declining security, such as a stock. Frequently, downtrends are interrupted by brief periods of recovery — or small rallies — where prices temporarily rise. The name "dead cat bounce" is based on the notion that even a dead cat will bounce if it falls far enough and fast enough."-James Chen
Please let me know what you think in the comments.
"A dead cat bounce is a temporary recovery of asset prices from a prolonged decline or a bear market that is followed by the continuation of the downtrend. A dead cat bounce is a small, short-lived recovery in the price of a declining security, such as a stock. Frequently, downtrends are interrupted by brief periods of recovery — or small rallies — where prices temporarily rise. The name "dead cat bounce" is based on the notion that even a dead cat will bounce if it falls far enough and fast enough."-James Chen
Please let me know what you think in the comments.
Trade active:
Are you guys on board now. It's only a few days away from this country getting shut down. Let me know you opinions in the comments.