RSI2 Pullbacks for August 21 |
By Mean Reversion Trader |
Published
08/18/2023
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Stocks
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Unrated
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RSI2 Pullbacks for August 21
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 AIG Amer Intl Grp CAH Cardinal Health Inc CCL Carnival Corp COIN Coinbase Global Inc CUK Carnival PLC DAL Delta Airlines Inc FI Fiserv Inc FTV Fortive Corp INVH Invitation Homes Inc MCD McDonald's Corp MDLZ Mondelez Int'l Inc Cl A MGM MGM Resorts Intl NYCB New York Community Bancorp SKX Skechers U.S.A. Cl'A' TCOM Trip.Com Group TSLA Tesla Inc UAL United Airlines Hldgs Inc WELL Welltower OP Inc XPO XPO 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
SILK Silk Road Medical Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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