RSI2 Pullbacks for October 3 |
By Mean Reversion Trader |
Published
10/2/2023
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Stocks
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Unrated
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RSI2 Pullbacks for October 3
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
AON Aon Plc / Ireland BR Broadridge Finl Solutions Inc BRO Brown & Brown BXSL Blackstone Secured Lending Fun CAH Cardinal Health Inc ORI Old Republic Intl Corp PGR The Progressive Corp PHG Koninklijke Philips NV RVMD Revolution Medicines 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
CPSI Computer Programs & Sys RVLV Revolve Group Inc SE Sea Ltd
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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