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RSI2 Pullbacks for November 10
By Mean Reversion Trader | Published  11/9/2022 | Stocks | Unrated
RSI2 Pullbacks for November 10

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

CTKB Cytek Biosciences, Inc. Common
G GENPACT LIMITED
GLNG Golar Lng Ltd
RCKT Rocket Pharma 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

AU Anglogold Ashanti Ltd
PZZA Papa John's Intl
TGI Triumph Grp

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.