SYM

"**STRONG CONVICTION OVERSOLD BOUNCE PLAY** - SYM is screaming buy at these levels. 1h RSI crashed to 29.97 (deeply oversold), while 5min RSI at 43.11 shows early stabilization. Price is testing critical support at $59.235 (just +0.4% above) with volume profile confirmation showing POC at $59.93 and high-volume node at $59.02 - we're sitting right in the sweet spot where institutions accumulate. The stock is hugging both SMA20/SMA50 around $59.45-$60.34, forming a tight compression zone that's primed to explode higher. **Aggressive target at $62.50** captures the move back toward the high-volume node at $60.83 and pushes into the value area. Risk is tight at $58.60 (below support), giving us a **3.59:1 R/R ratio** - this is the kind of asymmetric setup degenerate day traders live for. Market regime is sideways, which means range-bound action favors mean reversion from oversold extremes. Portfolio is 75% short, so this long adds directional balance. No news catalyst against us. **High-probability mean reversion setup with exceptional risk/reward** - taking this trade with size and conviction. --- Trade Exited --- Reason: 1h trend remains sideways with strong bearish signal (strength 60). RSI at 39.19 is still in bearish territory, contradicting the anticipated oversold bounce. Price has declined from $59.45 entry to $59.00, breaking below the $59.02 high-volume support node. MACD 1h is negative at -1.287 with no bullish crossover. The bounce thesis anticipated immediate RSI recovery and price stabilization - neither has occurred 5 hours post-entry.. Critical divergence from thesis: 1h RSI (39.19) remains bear..."