Levels to watch out We've seen this cycle play out repeatedlyโFOMO, driving retail investors to pile into rallies, only for many to get trapped as markets turn. It's the same story: retailers get caught in the hype, while brokers rake in commissions. Unfortunately, it's the retail investors who often pay the price.
Right now, the market is in a correction phase, and we can expect volatility with choppy or downward movements in the coming months. This could present a good opportunity for long-term investors to buy the dip.
Personally, Iโll be eyeing potential buying opportunities around the 360 and 280 price levels. In the long-term, I believe these levels could set up for strong gains as the market eventually recovers and reaches new highs. Patience is keyโdonโt get swept up in the short-term noise.