RSI2 Pullbacks for August 7 |
By Mean Reversion Trader |
Published
08/4/2023
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Stocks
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Unrated
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RSI2 Pullbacks for August 7
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
AAPL Apple Inc BLMN Bloomin' Brands Inc CARG Cargurus Inc CRM Salesforce Inc CSX CSX Corp DOCN Digitalocean Hldgs Inc ELS Equity Lifestyle Properties FND Floor & Decor Hldgs Inc GT Goodyear Tire & Rub IAS Integral Ad Science Holding Co ISRG Intuitive Surgical JEF Jefferies Financial Group LOW Lowe's Cos, Inc LPX Louisiana-Pacific Corp MDT Medtronic plc MGM MGM Resorts Intl MS Morgan Stanley MWA Mueller Water Products PLTK Playtika Hldg Corp SSYS Stratasys Ltd
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
BJ BJ's Wholesale Club Holdings
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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