RSI2 Pullbacks for August 15 |
By Mean Reversion Trader |
Published
08/14/2023
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Stocks
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Unrated
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RSI2 Pullbacks for August 15
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
ENVX Enovix Corporation Common Stoc FUTU Futu Holdings HOOD Robinhood Markets, Inc IBN Icici Bank Ltd ADS JWN Nordstrom Inc NIO NIO Inc NYCB New York Community Bancorp OMF OneMain Holdings Inc RL Ralph Lauren Corp. SCCO Southern Copper Corp SGRY Surgery Partners Inc SWK Stanley Black & Decker 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
NONE
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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