Did not notice that bearish weekly close that week. Pretty nasty candle. I am not advising a short here since we are $30 off the highs already. However, if you are looking to buy the safest area risk / return wise is $300 but more ideally the $285 area.
Typically when 7-10 stocks lead the entire market its bearish for the future, I am getting concerned we are approaching that point despite the nasdaq looking strong overall.
My strategy isnt about timing the market but buying and selling value/euphoria. Hence the idea above.