RSI2 Pullbacks for September 29 |
By Mean Reversion Trader |
Published
09/28/2023
|
Stocks
|
Unrated
|
|
RSI2 Pullbacks for September 29
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
AMH American Homes 4 Rent AON Aon Plc / Ireland BRO Brown & Brown CHD Church & Dwight
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
LNTH Lantheus Hldgs Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
|