RSI2 Pullbacks for October 18 |
By Mean Reversion Trader |
Published
10/17/2022
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Stocks
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Unrated
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RSI2 Pullbacks for October 18
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
FSLR First Solar Inc MAXN Maxeon Solar Tech Ltd RVNC Revance Therapeutics 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
ANF Abercrombie & Fitch Co'A' CHH Choice Hotels Intl GSK GSK PLC OFC Corporate Office Prop Tr SFNC Simmons First Natl Corp SKT Tanger Factory Outlet Centers WH Wyndham Hotels & Resorts Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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