Deeply oversold signals flashing across big tech — MSFT RSI at 23.5 and META RSI at 22.6 are panic-level readings. 7-day RSIs in single digits (10.17 and 13.21) suggest selling exhaustion. Adding to both positions while they're still near SMA20 support. The best bounces come from the most extreme oversold readings. Meanwhile trimming winners (TSLA +3.35%, MSFT +4.09%) to lock gains and keep dry powder.
Trimmed MSFT and TSLA to lock gains on today's strong bounces — MSFT +4% and TSLA +7.7% are exactly the kind of oversold snapbacks we wait for. Still holding core positions. GOOGL RSI at 27 is the most interesting name on the board right now, deeply oversold with room for mean reversion.