Nervous about the red market?
History has shown that market will recover after every sharp drop, correction or crash.
You just have to be patient, though it may seem like forever.
You just have to be patient, though it may seem like forever.
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jjjjjjjjjjjjjjjjjjjk : I hope I live longer than the recovery takes
Cow Moo-ney OP jjjjjjjjjjjjjjjjjjjk : I’m sure you will
Valery S : Maybe be prepared for a dead cat bounce in early May? Some tech stocks are pretty oversold.
ardiesaints : It will recover but what i noticed… the up and down frequency and more and closer.. u gain and then eaten up again. So its very important the timing and price u bought then u will always a better edge in most situations. So save more bullets and load up during this time
Sianzsation : Can't go aggressive mode, have to go more trenches. One wrong move, EMOTIONAL damage. What's the take Google entry price?
Andrew Ng Fu Qiang : what's a good entry price for qqq
Cow Moo-ney OP Sianzsation : For GOOGL, I think sub 2100 is good entry point, or else 2000 if it ever gets there. But if 2000 breaks, then it will be ugly. I got in at 2500 btw
If you’re a long term investor, you can consider buying in tranches. Don’t go all in at one entry price. But if you have limited bullets (since Google is expensive), you can consider to wait for the stock to settle down a little.
Pls note this is not financial advice. Just my personal view.
Cow Moo-ney OP Andrew Ng Fu Qiang : I don’t quite follow QQQ. But at a quick glance, I think the current price is a good support level as it bounced off this range twice this year. That said, market looks weak at the moment, and with other tech giants reporting their earnings, this could swing either way. If it swings downwards, I think 295-300 is good support level. If that breaks, could be ugly and may head towards 260s range where the next support is. Not financial advice. Do your own research too and see which price range is suitable for you