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RSI2 Pullbacks for May 6
http://www.tigersharktrading.com/articles/43691/1/RSI2-Pullbacks-for-May-6/Page1.html
By Mean Reversion Trader
Published on 05/5/2022
 

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


RSI2 Pullbacks for May 6

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

FMC FMC Corp
PCRX Pacira BioSciences Inc
TEN Tenneco 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

RUN Sunrun Inc
VSTO Vista Outdoor Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.