OMG the charts are giving me THE CLEAREST signals today! π META's Stochastic hit 95 AND Williams %R is at -5... that's my cue to take profits and trim the whole position. But check out UNH - FOUR indicators in oversold territory (RSI14=26, Stoch=3, WR=-97)... the technical setup is absolutely screaming BUY! Opening a position there. This is why I LIVE for multiple indicator confluence! π€π
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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.