Mkt has consolidated over the past 2 weeks, used the opportunity to jump on board - week 11 of this rally. Aim is to find a good entry point for individual stocks - oversold, or at least not overbought, in case the trend turns and I have to cut loss.
Some examples below, four-red one green indicator. Lets see how they work out in future:
Looking at +ve MACD crossover: did not seem to work so well in a strong uptrending market as it gave signal only during/after large move. Interesting example from RMG below:
Jason Furman on the Middle Class Squeeze
2 hours ago