RSI2 Pullbacks for September 6 |
By Mean Reversion Trader |
Published
09/2/2022
|
Stocks
|
Unrated
|
|
RSI2 Pullbacks for September 6
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
BF.B Brown-Forman Corp Cl B CDNS Cadence Design Systems CMI Cummins Inc CVBF CVB Finl DOX Amdocs Ltd DRE Duke Realty GLPI Gaming and Leisure Pptys Inc LW Lamb Weston Hldgs Inc SBRA Sabra Healthcare REIT, Inc. SNPS Synopsys Inc SPWR SunPower Corp
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.
|