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RSI2 Pullbacks for February 29
http://www.tigersharktrading.com/articles/46506/1/RSI2-Pullbacks-for-February-29/Page1.html
By Pullback Trader
Published on 02/28/2024
 

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


RSI2 Pullbacks for February 29

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

EWTX Edgewise Therapeutics Inc
FR First Industrial Rlty Tr
VNO Vornado Realty Trust

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

ALB Albemarle Corp
AMBA Ambarella Inc
CIVI Civitas Resources Inc
COCO Vita Coco Co Inc/The
SQM Sociedad Quimica Y Minera ADS

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.