RSI2 Pullbacks for December 19 |
By Mean Reversion Trader |
Published
12/16/2022
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Stocks
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Unrated
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RSI2 Pullbacks for December 19
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
ADC Agree Realty AEO American Eagle Outfitters Inc ATEN A10 Networks Inc CB The Chubb Corp FHI Federated Hermes Inc FL Foot Locker GPS Gap Inc HUM Humana Inc IBKR Interactive Brokers Grp Inc ROL Rollins Inc SANM Sanmina Corporation UBSI United Bankshs VVV Valvoline Inc WCN Waste Connections Inc WM Waste Mgt 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
SBH Sally Beauty Hldgs Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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