Methodology: each issue's direction is a live signal — long/short opens or holds a position, neutral means flat, and every direction change opens, flips, or closes it. Returns are direction-aware (a short gains when the price falls) and compound across positions from first observation to the latest issue. "Price move" is the stock's own raw change, shown separately. Neither represents actual portfolio performance.
Brief History (6 issues)
RSI 27.5 and -39.8% on the month — with the quantum narrative in retreat and no fundamentals beneath, bounces are scalps only
Deeply oversold at RSI 29 after a -36% month — with the quantum narrative ebbing there's no fundamental bid; bounces are scalps only
Down 0.91% to $34.78 with quantum off 38.9% on the month — the deleveraging is not over. RSI 26.1 just means speculators trampling each other. Not catching it.
Down 6.4% to $35.10, -23% on the week as the quantum ebb accelerates; RSI 26.4 in week three of oversold — stop counting bottoms, sidelines
Down 4.5% to $37.51, -15.4% on the week as quantum ebbs; RSI 28.6 with no base in sight; sidelines
Down 9.3% to $38.88 as quantum sentiment ebbs, 54% off the high — RSI 29 is a number, not an entry; sidelines