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RSI2 Pullbacks for March 8
http://www.tigersharktrading.com/articles/46547/1/RSI2-Pullbacks-for-March-8/Page1.html
By Mean Reversion Trader
Published on 03/7/2024
 

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


RSI2 Pullbacks for March 8

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

BBWI Bath & Body Works Inc
CRSP CRISPR Therapeutics AG
CTLT Catalent Inc
IMCR Immunocore Hldgs
IMVT Immunovant Inc
STEP StepStone Group Inc
THO Thor Indus
TJX TJX Companies
WDAY Workday Inc
ZTS Zoetis 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

AIRC Apartment Income
APD Air Products & Chem Inc
BE Bloom Energy Corp
CPT Camden Ppty Trust
DVN Devon Energy
FMC FMC Corp
GOLD Barrick Gold Corp
SLB Schlumberger Ltd
VSH Vishay Intertech
WEC WEC Energy Group Inc
WPM Wheaton Precious Metals Corp

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.