RSI2 Pullbacks for April 29 |
By Mean Reversion Trader |
Published
04/28/2022
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Stocks
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Unrated
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RSI2 Pullbacks for April 29
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
AFL AFLAC Inc AMX America Movil S.A.B. de C.V. CTXS Citrix Systems Inc FLR Fluor Corp IPI Intrepid Potash Inc LDOS Leidos Hldg Inc NI Nisource Inc OGE OGE Energy Corp VIRT Virtu Finl Inc Cl A
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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