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RSI2 Pullbacks for July 28
http://www.tigersharktrading.com/articles/45557/1/RSI2-Pullbacks-for-July-28/Page1.html
By Mean Reversion Trader
Published on 07/27/2023
 

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


RSI2 Pullbacks for July 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

ALK Alaska Air Grp Inc
AOS A O Smith Corp
ARMK Aramark
AVB Avalonbay Communities
BHVN Biohaven Pharma Hldg Co Ltd
COLD Americold Realty Trust Inc
DAL Delta Airlines Inc
ETNB 89bio Inc
EW Edwards Lifesciences Corp
FIVN Five9 Inc
HCA HCA Healthcare Inc
HXL Hexcel Corp
IR Ingersoll-Rand Plc
ROL Rollins Inc
SGRY Surgery Partners Inc
SNAP Snap Inc
SYK Stryker Corp
URI United Rentals Inc
VKTX Viking Therapeutics Inc
VNT Vontier 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

ASC Ardmore Shipping Corp

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.