RSI2 Pullbacks for August 29 |
By Mean Reversion Trader |
Published
08/26/2022
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Stocks
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Unrated
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RSI2 Pullbacks for August 29
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
BOX Box, Inc DG Dollar General Corporation DUK Duke Energy Corporation IRBT iRobot Corporation PAYX Paychex Inc RVNC Revance Therapeutics Inc SAVE Spirit Airlines Inc SIGA Siga Tech 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
EVBG Everbridge Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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