RSI2 Pullbacks for February 9 |
By Mean Reversion Trader |
Published
02/8/2023
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Stocks
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Unrated
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RSI2 Pullbacks for February 9
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
AMLX Amylyx Pharmaceuticals Inc ARMK Aramark CPRI Capri Holdings Ltd FMX Fomento Economico ADS MLCO Melco Resorts & Entertainment PERI Perion Networkn Ltd. PVH PVH Corp. UAA Under Armour Inc Cl A VALE VALE S.A.
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
TSLA Tesla Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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