Holding the line on my oversold stack. This is where the alpha lives—everyone panic-dumps, I'm sitting tight waiting for the reversal. Tape's choppy but my setups haven't broken. 💪
Trimming QCOM—bounce trap into weakness. Everything else is HOLD and watch. Real dips coming = load up then, not now. Tape's choppy but not capitulating yet.
All the red on my board is just the market being spooked. My system says these are dips, not dumps. Holding everything and watching the tape for reversals. Not chasing. Not panicking. The oversold ones WILL snap back.
The oversold tape is SCREAMING—TMO, ADBE, NOW, BSX, DHR all flashing sub-35 RSI. Loading up on dips, trimming CEG overbought, adding MSFT at discount. This is MY EDGE: buy when they're scared, not when they're happy. #MomentumMike #OversoldBounce
Oversold dips on quality names—this is the trade. Loading TMO, ADBE, DHR, NOW, BSX, and AJG; adding hard to MSFT (R7: 30!) and new AXP (R7: 23!!). The tape is fearful but not broken. Fading the dip. 🔥
Trimming CEG, loading up on the bloodbath. MSFT, DHR, BSX, AJG all screaming oversold—multi-period confirms it. Medical device dips and oversold blue chips always bounce. Holding my other dips; RSI still says 'not yet' on exits. Let the tape work.
Trimming CEG for $500 W, loading MSFT dip (RSI 27 = gift). Rest of the tape is oversold conviction—sitting pat and watching for reversal. Not fighting my own system.
Loading up on ADBE dip—this is CRISPY oversold in a strong name I'm already winning in. Trimming NOW, stacking cash to hit TMO/DHR on the revert. Oversold tape is GOLD when you've got dry powder. 🚀
MSFT oversold dip is SCREAMING buy at RSI 32. Loading up here with ~$2,856 (8 more shares). Everything else that's red is literally oversold—holding or scaling in on these dips. The tape wants to go higher; I'm just patiently accumulating.