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RSI2 Pullbacks for January 4
http://www.tigersharktrading.com/articles/46269/1/RSI2-Pullbacks-for-January-4/Page1.html
By Mean Reversion Trader
Published on 01/3/2024
 

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


RSI2 Pullbacks for January 4

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

AAPL Apple Inc
AMAT Applied Materials
AMZN Amazon.com Inc
AVTR Avantor Inc
BA Boeing Co
CCL Carnival Corp
CLF Cleveland-Cliffs Inc
CRM Salesforce Inc
DKNG Draftkings Inc
GPS Gap Inc
JWN Nordstrom Inc
KIM Kimco Realty Corp
NCLH Norwegian Cruise Line Hldg
PATH UiPath Inc
PINS Pinterest Inc
RIVN Rivian Automotive, Inc. Class
RKT Rocket Cos Inc
S SentinelOne Inc
UBS UBS Grp Ag

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

ACGL Arch Cap Grp
ATR AptarGrp Inc
CNX Consol Energy Inc
CTRA Coterra Energy Inc
EG Everest Group Ltd
GO Grocery Outlet Holding Corp
HQY HealthEquity Inc
KNSL Kinsale Cap Grp Inc
MMC Marsh & McLennan Companies Inc
MRO Marathon Oil Corp
MUSA Murphy USA Inc
PEG Pub Svc Enterprises Gr Incorp
PXD Pioneer Natural Resources
RNR RenaissanceRe Hldg
SIGI Selective Insurance Gr
UTHR United Therapeutics
XOM Exxon Mobil

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.