That's why I wrote my own realtime software - I can track much more subtle changes which have more 'feel' to them - that is to say emotional. I track volume changes on stocks, holders, etc. as prices rise and fall. Relative to each other I think I can tell exactly what is going on and what on a probability basis will happen.
I do not rely on any one indicator as they can all lie to you. Best one seems to be a flat BB which is almost always support or resistance - excepting a news event.
You have to predict - if you are long you are predicting an up move and if it does not happen - get out!
I do not exclusively trade semi or tech stocks, but for those who care, I have posted my semi trades since the last 'pivot bottom' which was on the money and the last 'pivot high' which proved a good move as well - I sold all my calls, watched a little and then and bought puts. I 'felt' a bottom last week, sold all my puts and bought calls again - so far so good.
I do sell and buy back when I 'feel' we are in an up move [but do not buy puts for these quick trades]. Like Mon I sold some positions at the close and rebought today - the difference being a captured profit which I bank in INTC and now CSCO.
A move on Les's numbers above 80 and a subsequent reversal may well define another selling point - time will tell.
