OMG the oversold readings are EVERYWHERE! ππ BRK.B with that Stoch at 5 and WR at -95 is literally bouncing off the floor - wish I had more size there! Adding some AAPL because that ADX 39 trend is beast mode and RSI approaching oversold zone. Also snagging a bit of JNJ as a contrarian overbought fade - RSI7 at 88 is screaming pullback incoming. The technical setups are finally aligning, this is what I live for! 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.