Tiger Shark Trading, Daily Commentary from Professional Traders - http://www.tigersharktrading.com
RSI2 Pullbacks for December 27
http://www.tigersharktrading.com/articles/46235/1/RSI2-Pullbacks-for-December-27/Page1.html
By Mean Reversion Trader
Published on 12/26/2023
 

Find out which overbought and oversold stocks are poised for pullbacks to their mean.


RSI2 Pullbacks for December 27

Entry on a break of the previous trading day's high. Stop below the deepest pullback low. Fund managers like to trap pullback traders by triggering a pullback entry, so ignoring a first thrust can often lessen risk.

Long-side setups

NONE

Entry on a break of the previous trading day's low. Stop above the deepest pullback high. Fund managers like to trap pullback traders by triggering a pullback entry, so ignoring a first thrust can often lessen risk.

Short-side setups

GDOT Green Dot Corporation
JCI Johnson Controls Intl Plc
MATV Mativ Inc
PCRX Pacira BioSciences Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.