Long position here from technicals:

  1. Software is getting creamed. AI trade says software will be obsolete, but not across the board.

  2. Three trendiness converging at $354

  3. Severley oversold and due a bounce.

  4. RSI is 27

  5. Entry: $359

  6. Exit: $431 at local highs, stop loss $336.

  7. RR: 3.4

  8. 2% of portfolio

Keep Reading