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RSI2 Pullbacks for June 15
http://www.tigersharktrading.com/articles/45369/1/RSI2-Pullbacks-for-June-15/Page1.html
By Mean Reversion Trader
Published on 06/14/2023
 

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


RSI2 Pullbacks for June 15

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

ACLX Arcellx Inc
FSK FS KKR Capital Corp
LAUR Laureate Education 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

ADTN ADTRAN Holdings Inc
BILI Bilibili Inc ADS
BUD Anheuser-Busch InBev SA/NV
BZ KANZHUN LIMITED American Depos
GDS GDS Hldgs Ltd ADS
HRB Block (H&R)
IRBT iRobot Corporation
LITE Lumentum Hldgs Inc
LUV Southwest Airlines Co
TSEM Tower Semiconductor
WMG Warner Music Group CorpADTN ADTRAN Holdings Inc
BILI Bilibili Inc ADS
BUD Anheuser-Busch InBev SA/NV
BZ KANZHUN LIMITED American Depos
GDS GDS Hldgs Ltd ADS
HRB Block (H&R)
IRBT iRobot Corporation
LITE Lumentum Hldgs Inc
LUV Southwest Airlines Co
TSEM Tower Semiconductor
WMG Warner Music Group Corp

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.