RSI2 Pullbacks for January 20 |
By Mean Reversion Trader |
Published
01/19/2022
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Stocks
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Unrated
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RSI2 Pullbacks for January 20
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
ABT Abbott Laboratories APH Amphenol Corp A AVGO Broadcom Inc BK Bank of New York Mellon Corp BLDR Builders FirstSource Inc CARG Cargurus Inc CERN Cerner Corp CSCO Cisco Systems GILD Gilead Sciences HD Home Depot Inc HPQ HP Inc HTA Healthcare Trust of America IRT Independence Realty Trust Inc LOW Lowe's Cos, Inc MAR Marriott Int'l Cl A O Realty Income PSTG Pure Storage Inc Cl A SHW Sherwin-Williams SONY Sony Group Corp ZTS Zoetis Inc
Short-side setups
HLF Herbalife Ltd
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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