RSI2 Pullbacks for March 1 |
By Mean Reversion Trader |
Published
02/28/2023
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Stocks
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Unrated
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RSI2 Pullbacks for March 1
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
ABC AmeriSourceBergen Corp ACM AECOM ALL Allstate Corp BJ BJ's Wholesale Club Holdings CAH Cardinal Health Inc EHC Encompass Health Corp HCA HCA Healthcare Inc HSIC Henry Schein Inc OLN Olin Corp PEP Pepsico Inc PFGC Performance Food Grp Co ROST Ross Stores SPOT Spotify Technology SA SRC Spirit Realty Cap Inc STAG Stag Industrial Inc WBS Webster Financial Corp WEN The Wendy's Co XPO XPO 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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