Technical analysis is an art as much as it is a science. So, ot is not surprising that sometimes they have differing opinion. I look at the moving average for 50 day and 200day as well as RSI to determine if it is oversold. If the stock is oversold, my risk is lowered if I choose to buy now, provided that the fundamentals remain sound. I normally will buy if it is below the moving averages and oversold and down by 5-10% for volatile stocks or 2-5% for ETFs. I am no expert with technical analysis and this current technique that I use have worked well for me. I normally sell once my target price has been reached or a set value of potential profit has been reached. Similarly, if the stock is overbought based on the RSI due to for example good news, I would take profit. However, if I believe that the rally may still continue, I might sell only in part or choose to hold on. @SR050321 @Universe宇宙 @DiAngel @SPOT_ON @HelenJanet @Wayneqq @Fenger1188 @Kaixiang @LuckyPiggie @Success88
# Technical Hunter

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  • snappyz
    ·10-10
    TOP
    Your approach to combining technical and fundamental analysis is really insightful
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    • MHh
      Thank you [Smile]
      10-10
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  • Ron Anne
    ·10-12
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    Your 5-10% volatile stock dip rule lines up with recent market swings!
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    • MHh
      Thank you!
      10-14
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  • Wade Shaw
    ·10-12
    TOP
    RSI hits 30 but sector crashes—isn’t your oversold call risky?
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    • MHh
      Context is important too. Whether there are macro factors
      10-14
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