RSI2 Pullbacks for October 26 |
By Mean Reversion Trader |
Published
10/25/2023
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Stocks
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Unrated
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RSI2 Pullbacks for October 26
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
ADBE Adobe Inc BAH Booz Allen Hamilton Hldg Cp BKR Baker Hughes a GE Co Cl A CCCS CCC Intelligent Solutions Hldg CNX Consol Energy Inc HRB Block (H&R) MSM MSC Industrial Direct Co Inc A ODFL Old Dominion Freight Line RPM RPM Intl SLCA US Silica Hldg Inc SNPS Synopsys Inc VNT Vontier Corp VRSK Verisk Analytics 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
AES AES Corp GIS Genl Mills
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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