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REDDIT

Bullish reversal candidates from this week's close — confirmed reversal candles at oversold RSI on elevated volume (US equities)

Ran my screener for a specific setup over the week's closes: confirmed bullish reversal candlestick patterns, RSI oversold (≤30), on elevated volume (1.5x+ average). The idea is capitulation + a reversal candle + real participation showing up at the same time.

What came through:

* **SPXC** (SPX Technologies) — Hammer, RSI 26, 1.8x vol, MACD crossed up
* **SAFE** (Safehold) — Spinning Top, RSI 16, 1.9x vol
* **MCHB** (Mechanics Bancorp) — Hammer, RSI 24, 1.6x vol
* **EXC** (Exelon) — Hammer, RSI 26, 1.5x vol
* **COUR** (Coursera) — Bullish Harami, RSI 30, 2.2x vol
* **SMG** (Scotts Miracle-Gro) — Piercing Pattern, RSI 26, 1.9x vol
* **CMS** (CMS Energy) — Bullish Engulfing, RSI 30, 1.8x vol

Oversold doesn't mean exhausted — RSI can stay pinned under 30 while price keeps sliding. So I treat these as *watch, not buy*: the reversal candle and volume say buyers showed up once; confirmation is price actually following through (close above the pattern high) over the next session or two. No follow-through, no trade.

SAFE (RSI 16) and COUR (2.2x vol) stand out on the extremes. Not advice, just sharing the screen — curious how others filter these, and whether you'd wait for MA reclaim before touching a name that's still below everything.

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