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RSI2 Pullbacks for March 11
http://www.tigersharktrading.com/articles/46552/1/RSI2-Pullbacks-for-March-11/Page1.html
By Mean Reversion Trader
Published on 03/8/2024
 

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


RSI2 Pullbacks for March 11

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

CRSP CRISPR Therapeutics AG
IMCR Immunocore Hldgs
IMVT Immunovant Inc
NSSC Napco Security Technologies
THO Thor Indus
WDAY Workday Inc
ZS Zscaler 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
DQ Daqo New Energy Corp
DVN Devon Energy
EOG EOG Resources
HAS Hasbro Inc
KVUE Kenvue Inc
LNT Alliant Energy Corporation
MAA Mid-Amer Apt Communities, Inc.
NEE NextEra Energy Inc
PM Philip Morris Intl Inc
SBAC SBA Communications'A'
STR Sitio Royalties Corp
WEC WEC Energy Group Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.