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RSI2 Pullbacks for April 2
http://www.tigersharktrading.com/articles/46645/1/RSI2-Pullbacks-for-April-2/Page1.html
By Mean Reversion Trader
Published on 04/1/2024
 

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


RSI2 Pullbacks for April 2

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

AGO Assured Guaranty
BVN Comp De Minas Buenaventura ADS
HCP HashiCorp 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

AMRC Ameresco Inc
BE Bloom Energy Corp
BWA Borg Warner
EQT EQT Corp
OI O-I Glass Inc
ZIM Zim Integrated Shipping S
ZNTL Zentalis Pharmaceuticals Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.