RSI2 Pullbacks for July 27 |
By Mean Reversion Trader |
Published
07/26/2023
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Stocks
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Unrated
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RSI2 Pullbacks for July 27
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
ALK Alaska Air Grp Inc ARMK Aramark CARG Cargurus Inc ETNB 89bio Inc HXL Hexcel Corp LW Lamb Weston Hldgs Inc RVMD Revolution Medicines Inc SNAP Snap Inc TEX Terex Corp TNL Travel + Leisure Co VNT Vontier 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
ARE Alexandria R.E. Equities ASC Ardmore Shipping Corp CF CF Industries Hldgs Inc CHGG Chegg Inc CTLT Catalent Inc LDOS Leidos Hldg Inc MOS The Mosaic Co (New) OGN Organon & Co OVV Ovintiv Inc TALO Talos Energy Inc TSN Tyson Foods 'A' WBA Walgreen Boots Alliance Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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