RSI2 Pullbacks for December 6 |
By Mean Reversion Trader |
Published
12/5/2023
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Stocks
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Unrated
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RSI2 Pullbacks for December 6
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
CPRT Copart Inc CWAN Clearwater Analytics Holdings EQNR Equinor ASA HTGC Hercules Cap Inc NTES Netease Inc Ads SHEL Shell PLC
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
AKRO Akero Therapeutics Inc AMLX Amylyx Pharmaceuticals Inc CPT Camden Ppty Trust CUBE CubeSmart ENPH Enphase Energy Inc IRDM Iridium Communications Inc IRT Independence Realty Trust Inc JCI Johnson Controls Intl Plc KHC The Kraft Heinz Company MRK Merck & Co SWKS Skyworks Solutions VRE Veris Residential Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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