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RSI2 Pullbacks for June 28
http://www.tigersharktrading.com/articles/45420/1/RSI2-Pullbacks-for-June-28/Page1.html
By Pullback Trader
Published on 06/27/2023
 

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


RSI2 Pullbacks for June 28

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

AKRO Akero Therapeutics Inc
AU Anglogold Ashanti Ltd
BMEA Biomea Fusion Inc
CNK Cinemark Hldg Inc
GFI Gold Fields Ltd
NNOX NANO-X Imaging Ltd
NVO Novo-Nordisk A/S ADR
SONY Sony Group Corp
TAK Takeda Pharmaceutical Co Ltd
VKTX Viking Therapeutics Inc
YEXT Yext 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.