RSI2 Pullbacks for September 7 |
By Mean Reversion Trader |
Published
09/6/2023
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Stocks
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Unrated
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RSI2 Pullbacks for September 7
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
BDX Becton, Dickinson GO Grocery Outlet Holding Corp LYV Live Nation Entertainment, Inc YPF YPF Sociedad Anonima ADS
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
AYX Alteryx Inc CALX Calix Inc DOCU DocuSign Inc GDDY GoDaddy Inc GLPI Gaming and Leisure Pptys Inc JBGS JBG SMITH Pptys KW Kennedy-Wilson Hldgs, Inc.
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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