RSI2 Pullbacks for June 7 |
By Mean Reversion Trader |
Published
06/6/2022
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Stocks
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Unrated
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RSI2 Pullbacks for June 7
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. CAH Cardinal Health Inc WSR Whitestone REIT 'B'
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
HCSG Healthcare Svcs Grp IDCC InterDigital Inc INT World Fuel Svcs MRUS Merus NV POR Portland General Electric Co RH RH RL Ralph Lauren Corp. SWIM Latham Group Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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