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RSI2 Pullbacks for March 26
http://www.tigersharktrading.com/articles/46619/1/RSI2-Pullbacks-for-March-26/Page1.html
By Mean Reversion Trader
Published on 03/25/2024
 

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


RSI2 Pullbacks for March 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

EPAM EPAM Systems Inc
EQIX Equinix Inc REIT
MGNX MacroGenics Inc
MMC Marsh & McLennan Companies Inc
ULTA Ulta Beauty 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

HROW Harrow Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.