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RSI2 Pullbacks for August 8
By Mean Reversion Trader | Published  08/5/2022 | Stocks | Unrated
RSI2 Pullbacks for August 8

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

HALO Halozyme Therapy Inc
LLY Eli Lilly and Co

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

AFRM Affirm Hldgs Inc
ASAN Asana Inc
CFLT Confluent, Inc. Class A Common
CHWY Chewy Inc
COIN Coinbase Global Inc
LYFT Lyft Inc
MP MP Materials Corp
NET CloudFlare Inc
NOW ServiceNow Inc
OWL Blue Owl Capital Inc
PINS Pinterest Inc
PLTR Palantir Tech Inc
RBLX ROBLOX Corp
RDFN Redfin Corp
SE Sea Ltd
TEAM Atlassian Corp Plc Cl A
TRIP TripAdvisor Inc
U Unity Software Inc
UBER Uber Technologies Inc
ZI ZoomInfo Technologies Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.