RSI2 Pullbacks for February 22 |
By Mean Reversion Trader |
Published
02/21/2023
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Stocks
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Unrated
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RSI2 Pullbacks for February 22
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
AXP American Express Co AZEK The AZEK Co Inc BABA Alibaba Group Holding Ltd BBWI Bath & Body Works Inc CEG Constellation Energy Corp COF Cap One Finl DD DuPont de Nemours Inc DHI D.R. Horton DOW Dow Inc EXPD Expeditors Intl of Washington HAYW Hayward Hldgs Inc ICE Intercontinental Exchange Grp MA Mastercard Inc NE Noble Corp PLC NOV NOV Inc PLD Prologis Inc TOL Toll Brothers V Visa 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
HZO Marinemax Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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