RSI2 Pullbacks for October 23 |
By Mean Reversion Trader |
Published
10/20/2023
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Stocks
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Unrated
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RSI2 Pullbacks for October 23
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
AAPL Apple Inc BRO Brown & Brown CAMT Camtek Ltd CDNS Cadence Design Systems DBX Dropbox Inc JBL Jabil Inc LI Li Auto Inc NTNX Nutanix Inc Cl A PANW Palo Alto Networks Inc SNPS Synopsys Inc TTD The Trade Desk Inc Cl A WRK Westrock Co XPEV Xpeng 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
GOLD Barrick Gold Corp VSCO Victoria's Secret & Co
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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