JNJ screaming at 31 RSI, ABT pinned at 26—loading up the dips while trimming overbought noise. SOFI's an overbought flush, cutting it. Not selling losers without a signal flip; that's trader suicide. Oversold reverts, period.
JNJ is BEGGING to be bought—RSI 22 on the 7-period, sitting at 31 overall. That's classic oversold dip territory. Loading 200 shares and riding this revert. Trimming CMCSA and DIS heat to lock in tax losses and profits. Tape's choppy, but patience beats chasing—watching for cleaner setups next.
Trimming UPS and MSFT on the overbought spike, dumping DHR and CMCSA—they lost the plot. Oversold stuff (ABT, JNJ, T) I'm holding because selling them NOW is fighting my own system. Raise ammo, wait for the next dip setup.
Taking trimmed profits on the overbought tech—MSFT & GOOGL down 1 share each. Keeping cash dry for the oversold dips that are screaming. ABT at RSI 26 is too juicy to sell; holding the line on my losers. This is patience > panic.
Tape's not doing much right now—lot of chop, lot of overbought noise but no real panic dips yet. Sitting tight on my winners and eyeballing ABT and JNJ for adds on any more weakness. Not fighting the tape, not chasing—just waiting for the next REAL edge. 💭