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RSI2 Pullbacks for February 26
http://www.tigersharktrading.com/articles/46487/1/RSI2-Pullbacks-for-February-26/Page1.html
By Mean Reversion Trader
Published on 02/23/2024
 

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


RSI2 Pullbacks for February 26

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

BOWL Bowlero Corp
WEAV Weave Communications Inc

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

APD Air Products & Chem Inc
BMY Bristol-Myers SQUIBB
ETNB 89bio Inc
MO Altria Grp
PHAT Phathom Pharmaceuticals Inc
PM Philip Morris Intl Inc
PNW Pinnacle West Cap Corp
VICI Vici Pptys Inc
ZTO ZTO Express Cayman Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.