RSI2 Pullbacks for August 18 |
By Mean Reversion Trader |
Published
08/17/2023
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Stocks
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Unrated
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RSI2 Pullbacks for August 18
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
ABNB Airbnb Inc ABR Arbor Realty Trust CCL Carnival Corp COIN Coinbase Global Inc DAL Delta Airlines Inc ELAN Elanco Animal Health Inc ENVX Enovix Corporation Common Stoc HOOD Robinhood Markets, Inc HPE Hewlett-Packard Enterprise Co HPQ HP Inc INVH Invitation Homes Inc JWN Nordstrom Inc KSS Kohl's Corp MDLZ Mondelez Int'l Inc Cl A MGM MGM Resorts Intl NYCB New York Community Bancorp TSLA Tesla Inc U Unity Software Inc UAL United Airlines Hldgs Inc Z Zillow Grp Inc Cl C
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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