RSI2 Pullbacks for October 4 |
By Mean Reversion Trader |
Published
10/3/2023
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Stocks
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Unrated
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RSI2 Pullbacks for October 4
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
BR Broadridge Finl Solutions Inc BRO Brown & Brown BXMT Blackstone Mortgate Trust Inc BXSL Blackstone Secured Lending Fun CHD Church & Dwight GSK GSK PLC HMC Honda Motor ADR L Loews Corp LPG Dorian LPG Ltd ORI Old Republic Intl Corp RYAN Ryan Specialty Holdings
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
NONE
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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