RSI2 Pullbacks for February 16

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By Mean Reversion Trader | Published 02/15/2022 | Stocks | Unrated

RSI2 Pullbacks for February 16

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

CHD Church & Dwight
OGE OGE Energy Corp
PGR The Progressive Corp

Short-side setups

EHC Encompass Health Corp
HUBS HubSpot Inc
PLTK Playtika Hldg Corp
Z Zillow Grp Inc Cl C
ZEN Zendesk Inc
ZG Zillow Grp Inc Cl A

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.

It should not be assumed that the methods, techniques, or indicators presented on these websites will be profitable or that they will not result in losses. Past results are not necessarily indicative of future results. Examples presented on these websites are for educational purposes only. These set-ups are not solicitations of any order to buy or sell. The authors, Tiger Shark Publishing LLC, and all affiliates assume no responsibility for your trading results. There is a high degree of risk in trading.