RSI2 Pullbacks for May 8 |
By Mean Reversion Trader |
Published
05/5/2023
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Stocks
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Unrated
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RSI2 Pullbacks for May 8
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
ERJ Embraer SA FHI Federated Hermes Inc FSLY Fastly Inc HDB Hdfc Bank ADS RELX RELX PLC
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
BILL BILL Holdings Inc EYE Natl Vision Hldgs Inc GFF Griffon Corp OFC Corporate Office Prop Tr PDI PIMCO Dynamic Income Fd PK Park Hotels & Resorts Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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