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RSI2 Pullbacks for March 4
http://www.tigersharktrading.com/articles/46520/1/RSI2-Pullbacks-for-March-4/Page1.html
By Mean Reversion Trader
Published on 03/1/2024
 

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


RSI2 Pullbacks for March 4

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

BUD Anheuser-Busch InBev SA/NV
CVS CVS Health Corp
MASI Masimo Corp
RAMP LiveRamp Holdings
UTZ Utz Brands Inc
WH Wyndham Hotels & Resorts 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

ALB Albemarle Corp
CALX Calix Inc
CIVI Civitas Resources Inc
DQ Daqo New Energy Corp
GME Gamestop Corp
OPRA Opera Limited American D S
SQM Sociedad Quimica Y Minera ADS
XPOF Xponential Fitness Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.