RSI2 Pullbacks for August 8 |
By Mean Reversion Trader |
Published
08/7/2023
|
Stocks
|
Unrated
|
|
RSI2 Pullbacks for August 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
AAPL Apple Inc GT Goodyear Tire & Rub GTES Gates Ind Corp PLC IAS Integral Ad Science Holding Co ISRG Intuitive Surgical JBI Janus International Group Inc LPX Louisiana-Pacific Corp MWA Mueller Water Products PLTK Playtika Hldg Corp RDFN Redfin Corp RPD Rapid7 Inc SSYS Stratasys Ltd TTWO Take-Two Interactive Software TXG 10x Genomics 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
BJ BJ's Wholesale Club Holdings
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
|