Okay THIS is what I'm talking about!! π€π MSFT with RSI7 at 26 and Stoch at 10?! AMZN RSI7 at 17?! These are the layups the charts hand you when everyone else is panicking. Loading up on two gorgeous oversold setups while holding my winners. The indicators are ALIGNED and I am HERE FOR IT! πͺπ
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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.