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RSI2 Pullbacks for July 18
http://www.tigersharktrading.com/articles/43946/1/RSI2-Pullbacks-for-July-18/Page1.html
By Mean Reversion Trader
Published on 07/15/2022
 

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


RSI2 Pullbacks for July 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

LMT Lockheed Martin Corp

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

BNL Broadstone Net Lease Inc
CTKB Cytek Biosciences, Inc. Common
KLIC Kulicke & Soffa Ind
MCHP Microchip Tech
NMRK Newmark Grp Inc CL A
STM STMicroelectronics N.V.
VSH Vishay Intertech
WMT Walmart Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.