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RSI2 Pullbacks for February 14
http://www.tigersharktrading.com/articles/46446/1/RSI2-Pullbacks-for-February-14/Page1.html
By Mean Reversion Trader
Published on 02/13/2024
 

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


RSI2 Pullbacks for February 14

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

AVTR Avantor Inc
C Citigrp Inc
CCJ Cameco Corp
EGO Eldorado Gold Corp
INSM Insmed, Inc.
LAZ Lazard Inc
NVS Novartis Ag ADS
USAC USA Compression Partners LP

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

CNK Cinemark Hldg Inc
LSCC Lattice Semiconductor
ZI ZoomInfo Technologies Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.