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RSI2 Pullbacks for February 7
http://www.tigersharktrading.com/articles/46415/1/RSI2-Pullbacks-for-February-7/Page1.html
By Mean Reversion Trader
Published on 02/6/2024
 

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


RSI2 Pullbacks for February 7

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

ASB Associated Banc-Corp
AX Axos Financial Inc
CUZ Cousins Properties
DOCU DocuSign Inc
ENLC Enlink Midstream LLC
FSK FS KKR Capital Corp
FULT Fulton Finl Corp
IONS Ionis Pharma Inc
KRC Kilroy Realty Corp
OBDC Blue Owl Capital Corp
ONB Old Natl Bancorp(Ind)
STWD Starwood Ppty Trust Inc
VNO Vornado Realty Trust
WRK Westrock Co

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

ALGN Align Tech
DEO Diageo Plc
MORF Morphic Holding Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.