RSI2 Pullbacks for December 21 |
By Mean Reversion Trader |
Published
12/20/2022
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Stocks
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Unrated
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RSI2 Pullbacks for December 21
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
AEO American Eagle Outfitters Inc ASO Academy Sports and Outdoors ATCO Atlas Corp Marshall Islands BSY Bentley Systems Inc FL Foot Locker GPS Gap Inc HOG Harley-Davidson PVH PVH Corp. RL Ralph Lauren Corp. SKX Skechers U.S.A. Cl'A' ULTA Ulta Beauty Inc UTZ Utz Brands 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
NONE
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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