RSI2 Pullbacks for August 22 |
By Mean Reversion Trader |
Published
08/21/2023
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Stocks
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Unrated
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RSI2 Pullbacks for August 22
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 CZR Caesars Entertainment Corp DRI Darden Restaurants Inc EXPI eXp World Hldgs Inc FBIN Fortune Brands Innovations Inc FBP First BanCorp FDX FedEx Corp FI Fiserv Inc INVH Invitation Homes Inc MCD McDonald's Corp MDLZ Mondelez Int'l Inc Cl A MGM MGM Resorts Intl MTG MGIC Inv OTIS Otis WorldWide Corp W RKT Rocket Cos Inc SPGI S&P Glbl Inc SYM Symbotic Inc TPX Tempur Sealy Intl Inc UE Urban Edge Pptys WELL Welltower OP Inc YELP Yelp 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
CALM Cal-Maine Foods SILK Silk Road Medical Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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