RSI2 Pullbacks for April 28 |
By Mean Reversion Trader |
Published
04/27/2022
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Stocks
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Unrated
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RSI2 Pullbacks for April 28
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
AMX America Movil S.A.B. de C.V. CVX Chevron Corporation D Dominion Energy Inc EGO Eldorado Gold Corp FLR Fluor Corp GOLD Barrick Gold Corp JNPR Juniper Networks KT KT Corp LHCG LHC Grp MPLX MPLX LP MTDR Matador Resources Co NEM Newmont Corp SJI South Jersey Industries Inc SLCA US Silica Hldg Inc SO Southern Co Inc VTR Ventas Inc WPM Wheaton Precious Metals Corp
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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