RSI2 Pullbacks for October 31 |
By Mean Reversion Trader |
Published
10/30/2023
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Stocks
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Unrated
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RSI2 Pullbacks for October 31
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
APA APA Corp CCCS CCC Intelligent Solutions Hldg CLS Celestica Inc COR Cencora Inc CTRA Coterra Energy Inc CVNA Carvana Co Cl A EOG EOG Resources EPD Enterprise Products Partners HMC Honda Motor ADR HP Helmerich & Payne MRO Marathon Oil Corp MUR Murphy Oil Corp PAA Plains All American Pipeline PAGP Plains GP Hldgs L.P Cl A VIST Vista Oil & Gas
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
FLO Flowers Foods Inc ROL Rollins Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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