RSI2 Pullbacks for April 25 |
By Mean Reversion Trader |
Published
04/22/2022
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Stocks
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Unrated
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RSI2 Pullbacks for April 25
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
BHP BHP Billiton Ltd ADR BKR Baker Hughes a GE Co Cl A D Dominion Energy Inc DE Deere & Co GLNG Golar Lng Ltd GSK GlaxoSmithKline PLC ADR ITCI Intra-Cellular Therapies Inc LLY Eli Lilly and Co NEM Newmont Corp NVS Novartis Ag ADS RELX RELX PLC RIO Rio Tinto plc ADS SCCO Southern Copper Corp VIRT Virtu Finl Inc Cl A VOD Vodafone Grp Plc ADS
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
NONE
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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