RSI2 Pullbacks for June 23 |
By Mean Reversion Trader |
Published
06/22/2023
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Stocks
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Unrated
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RSI2 Pullbacks for June 23
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
CEG Constellation Energy Corp CNK Cinemark Hldg Inc COF Cap One Finl DD DuPont de Nemours Inc DOCN Digitalocean Hldgs Inc ESTC Elastic NV GFI Gold Fields Ltd HTGC Hercules Cap Inc MFC ManuLife Finl ROKU Roku Inc Cl A STAG Stag Industrial 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
DG Dollar General Corporation SNBR Sleep Number Corp
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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