Correction
A correction is a pullback of an asset’s price to adjust for over-valuation. Generally, a correction occurs after an asset experiences a significant price increase. The pullback must be at least 10% in order to correct the over-valuation.
A correction is a pullback of an asset’s price to adjust for over-valuation. Generally, a correction occurs after an asset experiences a significant price increase. The pullback must be at least 10% in order to correct the over-valuation.