RSI2 Pullbacks for August 25 |
By Mean Reversion Trader |
Published
08/24/2022
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Stocks
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Unrated
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RSI2 Pullbacks for August 25
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
AMT American Tower Corp CAL Caleres Inc CDNS Cadence Design Systems COLD Americold Realty Trust Inc CSGP Costar Grp NWBI Northwest Bancorp POR Portland General Electric Co SBRA Sabra Healthcare REIT, Inc. UBSI United Bankshs XYL Xylem, 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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