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RSI2 Pullbacks for January 5
http://www.tigersharktrading.com/articles/43234/1/RSI2-Pullbacks-for-January-5/Page1.html
By Mean Reversion Trader
Published on 01/4/2022
 

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


RSI2 Pullbacks for January 5

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

CDNS Cadence Design Systems
DDOG Datadog Inc
FTNT Fortinet Inc
INTU Intuit Inc
MDB MongoDB Inc
NOW ServiceNow Inc
PANW Palo Alto Networks Inc
SNOW Snowflake Inc
SWCH Switch Inc
TEAM Atlassian Corp Plc Cl A
TENB Tenable Holdings Inc
WMG Warner Music Group Corp
ZI ZoomInfo Technologies Inc Clas
ZS Zscaler Inc
ZTS Zoetis Inc
ZUO Zuora Inc

Short-side setups

AES AES Corp
ALL Allstate Corp
BBY Best Buy
C Citigrp Inc
FDX FedEx Corp
FSK FS KKR Capital Corp
HMC Honda Motor ADR
HOG Harley-Davidson
KMI Kinder Morgan Inc
LEG Leggett & Platt
LUV Southwest Airlines Co
LYB LyondellBasell Ind N.V.
MGA Magna Intl Cl'A'
NWL Newell Brands Inc
PDI PIMCO Dynamic Income Fd
PM Philip Morris Intl Inc
TAP Molson Coors Beverage Co
TBPH Theravance Biopharma Inc
UA Under Armour Inc Cl C
VFC VF Corp

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.