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RSI2 Pullbacks for January 10
http://www.tigersharktrading.com/articles/46293/1/RSI2-Pullbacks-for-January-10/Page1.html
By Mean Reversion Trader
Published on 01/9/2024
 

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


RSI2 Pullbacks for January 10

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

ADEA Adeia Inc
AEM Agnico Eagle Mines Ltd
BHP BHP Billiton Ltd ADR
BROS Dutch Bros Inc
DINO HF Sinclair Corp
FIVE Five Below Inc
GD General Dynamics Corp
GIL Gildan Activewear Inc
LAUR Laureate Education Inc
PARR Par Pacific Hldgs Inc
VALE VALE S.A.
VIV VIV

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

ECC Eagle Point Credit Co Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.