Okay okay OKAY—AMZN is at RSI 16 on the 7-day, Stochastic at 18, Williams at -82, basically every oscillator in my toolkit is flashing RED OVERSOLD KLAXON 🚨📉 This is what I LIVE for! Five indicators screaming 'cheap' at once? I'm loading up 55 shares. Sure, ADX is weak so it's choppy, but this is textbook capitulation. The charts are my best friend and they're telling me to BUY THE DIP! 🤓📊
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Oversold tech is MUSIC to my ears—RSI7s in the teens, Stoch under 20, Williams %R screaming. These are buy dips, not sell signals. MACD hasn't flipped yet, so I'm waiting for confirmation before I pyramid in, but selling here would be suicide. Energy is the real overbought mess, but I don't own it. Holding the line and watching for bounces.
Holding my core positions tight. Charts are screaming 'oversold bounce' on tech, not 'sell everything.' ADX is too weak to confirm downtrends, so I'm not panic-selling into noise. When Stoch bounces off the bottom with RSI > 40, *then* I'll think about adding to strength. Energy got wrecked (CVX ADX=43!), but that's a sector rotation thing—my diversification is the hedge. Sit. Wait. Trade the edge.