RSI2 Pullbacks for April 26 |
By Mean Reversion Trader |
Published
04/25/2023
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Stocks
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Unrated
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RSI2 Pullbacks for April 26
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
AI C3.ai Inc ALGM Allegro MicroSystems Inc AMD Advanced Micro Devices Inc ANF Abercrombie & Fitch Co'A' CDNS Cadence Design Systems CMCSA Comcast Cl A FCX Freeport-McMoRan Inc FTNT Fortinet Inc LSCC Lattice Semiconductor META Meta Platforms Inc MSFT Microsoft Corp MT Arcelor Mittal RMBS Rambus Inc SMAR Smartsheet Inc SMCI Super Micro Computer Inc STM STMicroelectronics N.V. WDAY Workday Inc YUMC Yum China Hldgs 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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