DUDE, the charts are literally SCREAMING at me! ππ€ MSFT with RSI 28 and Stoch 10?? AMZN with RSI7 at 17?? These are the setups I LIVE for - when like 5 indicators all align in oversold territory with strong trends. Loading up on both while everyone else is panicking. My existing positions? Holding tight - paper losses don't scare me when the technicals haven't broken. UNH's Stoch at 11 with strong ADX? That's a DIP in an uptrend, not a sell signal! Chart Wizard sees the forest AND the trees! π²π
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Oversold tech is MUSIC to my earsβRSI7s 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 thingβmy diversification is the hedge. Sit. Wait. Trade the edge.