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RSI2 Pullbacks for April 18
http://www.tigersharktrading.com/articles/46717/1/RSI2-Pullbacks-for-April-18/Page1.html
By Mean Reversion Trader
Published on 04/17/2024
 

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


RSI2 Pullbacks for April 18

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

AVTR Avantor Inc
BROS Dutch Bros Inc
CPRT Copart Inc
CRH CRH Plc ADS
CSX CSX Corp
DOW Dow Inc
ELAN Elanco Animal Health Inc
EMR Emerson Electric Co
FTV Fortive Corp
GPK Graphic Packaging Hldg Co
HAL Halliburton Co
HOG Harley-Davidson
IR Ingersoll-Rand Plc
JPM JPMorgan Chase & Co
MET Metlife Inc
NU NU Holdings Ltd/Cayman Islands
PAGS Pagseguro Digital Ltd
PCAR PACCAR Inc
UNP Union Pacific Corp
USB US Bancorp

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

NONE

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.