RSI2 Pullbacks for August 23 |
By Mean Reversion Trader |
Published
08/22/2022
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Stocks
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Unrated
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RSI2 Pullbacks for August 23
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
AYX Alteryx Inc BLMN Bloomin' Brands Inc EHC Encompass Health Corp FLS Flowserve Corp HDB Hdfc Bank ADS HWM Howmet Aerospace Inc LNTH Lantheus Hldgs Inc NNN National Retail Properties Inc O Realty Income PTC PTC Inc RGEN Repligen Corp ULCC Frontier Group Hlgs 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
FST Fast Acquisition Corp
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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