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RSI2 Pullbacks for August 8
http://www.tigersharktrading.com/articles/45604/1/RSI2-Pullbacks-for-August-8/Page1.html
By Mean Reversion Trader
Published on 08/7/2023
 

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


RSI2 Pullbacks for August 8

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

AAPL Apple Inc
GT Goodyear Tire & Rub
GTES Gates Ind Corp PLC
IAS Integral Ad Science Holding Co
ISRG Intuitive Surgical
JBI Janus International Group Inc
LPX Louisiana-Pacific Corp
MWA Mueller Water Products
PLTK Playtika Hldg Corp
RDFN Redfin Corp
RPD Rapid7 Inc
SSYS Stratasys Ltd
TTWO Take-Two Interactive Software
TXG 10x Genomics 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

BJ BJ's Wholesale Club Holdings

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.