You have it backwards, you are trying to catch a falling knife, I'm suggesting it's unwise to invest in tech right now. I'll lay it out for everyone:
It's below the 50 dma = downward trend
Sep 21 high that dropped then went to a higher high in Dec that dropped then went to a high lower in Dec = head and shoulder trend down. We are in that down trend now.
Currently the macd is in the red, and the red line is above the blue = downward trend
I'll give you the RSI, it's cheap, but that's actually bad with all indicators being down.
Recommendation for my investments: wait for the blue macd line to rise above the red before investing. Even that is risky, but it's better than going all in with no support.
Not financial advice, just saying I don't see what you see. And not saying there won't be opportunities to swing, but the trend is down.
I respect that, shit's at a value now. Have things actually changed is the only question now I guess. It feels like a change to me. Sincerely, best of luck, but I think the fun is just getting started.
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