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RSI2 Pullbacks for May 9
http://www.tigersharktrading.com/articles/46807/1/RSI2-Pullbacks-for-May-9/Page1.html
By Reversal Trader
Published on 05/8/2024
 

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


RSI2 Pullbacks for May 9

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

BECN Beacon Roofing Supply 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

BERY Berry Plastics Grp Inc
BTI British Amer Tobacco ADS
CALX Calix Inc
CSIQ Canadian Solar Inc
DAN Dana Inc
HLF Herbalife Ltd
HTLD Heartland Express

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.