@embtemple23 I don't doubt that technical analysis is screaming "oversold", but your timing is way off. You need to buy AFTER the stock has bottomed out and has started rising. If you try to anticipate when the rebound will occur and buy ahead of time, you will get BURNED. Plus I don't place a lot of trust in overbought/oversold. A stock can be "oversold" for weeks or months. How do you know when it is "too oversold" - oversold enough to rebound? When enron tanked years ago, I'm sure there were plenty of investors on Enron's message boards chanting "Oversold!" as the stock continued to drop. @domh_25 I think embtemple23 is using the overbought / oversold technical indicator which isn't merely measuring the last two days - rather weeks or months of data.