RSI2 Pullbacks for October 27 |
By Mean Reversion Trader |
Published
10/26/2023
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Stocks
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Unrated
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RSI2 Pullbacks for October 27
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 CCCS CCC Intelligent Solutions Hldg CNC Centene Corp COST Costco Wholesale Corp CRH CRH Plc ADS CTRA Coterra Energy Inc EOG EOG Resources HP Helmerich & Payne HRB Block (H&R) ODFL Old Dominion Freight Line OII Oceaneering Intl Inc TS Tenaris SA ADS VRSK Verisk Analytics Inc WMS Advanced Drainage Systems Inc WSM Williams-Sonoma
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 NEP NextEra Energy Partners LP
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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