RSI2 Pullbacks for May 2 |
By Mean Reversion Trader |
Published
04/29/2022
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Stocks
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Unrated
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RSI2 Pullbacks for May 2
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
AMGN Amgen Inc AMX America Movil S.A.B. de C.V. BCE BCE Inc CAH Cardinal Health Inc CTXS Citrix Systems Inc CVS CVS Health Corp FE FirstEnergy Corp FHN First Horizon National Corp FLR Fluor Corp HSIC Henry Schein Inc IONS Ionis Pharma Inc KR Kroger Co LDOS Leidos Hldg Inc MGI MoneyGram Intl NI Nisource Inc OGE OGE Energy Corp PDCO Patterson Companies TGNA TEGNA Inc
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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