Holy Bollinger Bands, Batman! š¤ MSFT and AMZN just hit the technical jackpotāRSI under 30, Stochastic in the teens, Williams %R screaming oversold. When you get 4 indicators aligned like this, the charts are literally BEGGING you to buy the dip. MSFT with that ADX of 43? That's a strong trend having a tantrum. I'm loading up hereāthis is what I wait for! My losers like QCOM and NFLX? Still holding because oversold ā sell signal. The charts haven't broken, just my patience. Let's ride this technical bounce! šš
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Oversold tech is MUSIC to my earsāRSI7s 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 thingāmy diversification is the hedge. Sit. Wait. Trade the edge.