RSI2 Pullbacks for March 2 |
By Mean Reversion Trader |
Published
03/1/2023
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Stocks
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Unrated
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RSI2 Pullbacks for March 2
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
AAWW Atlas Air Worldwide Hldg EHC Encompass Health Corp HSIC Henry Schein Inc RTX Raytheon Technologies Corp SJM Smucker (J.M.) SRC Spirit Realty Cap Inc STAG Stag Industrial Inc TMUS T-Mobile US Inc UHS Universal Health Svcs WBS Webster Financial Corp
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
BGS B&G Foods Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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