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RSI2 Pullbacks for December 12
http://www.tigersharktrading.com/articles/44541/1/RSI2-Pullbacks-for-December-12/Page1.html
By Mean Reversion Trader
Published on 12/9/2022
 

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


RSI2 Pullbacks for December 12

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

AM Antero Midstream Corp
APA APA Corp
COP ConocoPhillips
DINO HF Sinclair Corp
ENLC Enlink Midstream LLC
EOG EOG Resources
ET Energy Transfer L.P.
FSLR First Solar Inc
HES Hess Corporation
MANU Manchester United plc
MET Metlife Inc
MPC Marathon Petro Corp
MRO Marathon Oil Corp
NDAQ NASDAQ Inc
NOV NOV Inc
PAA Plains All American Pipeline
PAGP Plains GP Hldgs L.P Cl A
PSX Phillips 66
TMUS T-Mobile US Inc
WMT Walmart 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

NONE

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.