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RSI2 Pullbacks for January 22
http://www.tigersharktrading.com/articles/46336/1/RSI2-Pullbacks-for-January-22/Page1.html
By Mean Reversion Trader
Published on 01/19/2024
 

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


RSI2 Pullbacks for January 22

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

AAOI Applied Optoelectronice Inc
ASPN Aspen Aerogels Inc
CNC Centene Corp
ENLC Enlink Midstream LLC
FRSH Freshworks Inc. Class A Common
HOLI Hollysys Automation Tech
IMVT Immunovant Inc
NCNO nCino Inc
NFE New Fortress Energy Inc
PFLT PennantPark Floating Rate Cap
ROIV Roivant Sciences Ltd
SBAC SBA Communications'A'
VIRT Virtu Finl Inc Cl A
WRK Westrock Co

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

AON Aon Plc / Ireland

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.