RSI2 Pullbacks for October 30 |
By Mean Reversion Trader |
Published
10/27/2023
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Stocks
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Unrated
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RSI2 Pullbacks for October 30
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 CNX Consol Energy Inc COST Costco Wholesale Corp CTRA Coterra Energy Inc EOG EOG Resources EPD Enterprise Products Partners ET Energy Transfer L.P. HRB Block (H&R) JXN Jackson Financial Inc ODFL Old Dominion Freight Line PAA Plains All American Pipeline PAGP Plains GP Hldgs L.P Cl A PXD Pioneer Natural Resources TS Tenaris SA ADS VRSK Verisk Analytics Inc XPO XPO 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
NONE
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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