RSI2 Pullbacks for May 5 |
By Mean Reversion Trader |
Published
05/4/2022
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Stocks
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Unrated
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RSI2 Pullbacks for May 5
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
MGI MoneyGram Intl TEN Tenneco 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
BRKR Bruker Corporation CTLT Catalent Inc CWH Camping World Holdings Inc FSLR First Solar Inc FUTU Futu Holdings GDS GDS Hldgs Ltd ADS HON Honeywell Intl HZO Marinemax Inc NOVA Sunnova Energy Intl OSTK Overstock.com Inc SMG Scotts Miracle-Gro Co THO Thor Indus XPEV Xpeng Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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