RSI2 Pullbacks for January 6 |
By Mean Reversion Trader |
Published
01/5/2023
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Stocks
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Unrated
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RSI2 Pullbacks for January 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
AES AES Corp CI Cigna Corp DE Deere & Co FLR Fluor Corp HUM Humana Inc LIN Linde PLC PEP Pepsico 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
AAL American Airlines Grp inc CHTR Charter Communications Inc HAS Hasbro Inc HR Healthcare Realty Trust Inc IAC IAC Inc. ICPT Intercept Pharmaceuticals Inc LESL Leslie's Inc LI Li Auto Inc MAT Mattel, Inc PARA Paramount Glbl Cl B PPC Pilgram's Pride Corp SGEN Seagen Inc SIX Six Flags Entertainment Corp STAA Staar Surgical TGT Target Corp THC Tenet Healthcare VZ Verizon Communications XRX Xerox Corp
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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