Trimming JNJ here—that Stochastic at 77 and RSI at 74 are screaming overbought, and even though ADX=54 says the trend is strong, I'm not betting *everything* on it staying in overdrive. Locking in some gains, keeping 18 shares in the game. MSFT, though? That's the OPPOSITE: Stoch=13, RSI=32, WR=-87 in a RIPPING uptrend (ADX=48). That's my conviction hold. Charts are telling me to be selective, not greedy.
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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.