RSI2 Pullbacks for December 7 |
By Mean Reversion Trader |
Published
12/6/2023
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Stocks
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Unrated
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RSI2 Pullbacks for December 7
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
BXSL Blackstone Secured Lending Fun CEG Constellation Energy Corp CPRT Copart Inc CXW CoreCivic Inc EQNR Equinor ASA FANG Diamondback Energy Inc FTI TechnipFMC plc LBRT Liberty Energy Inc MU Micron Tech NTES Netease Inc Ads PBR Petroleo Brasileiro S.A. ADR SHEL Shell PLC SMCI Super Micro Computer Inc TTE TotalEnergies SE
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
ABBV AbbVie Inc AKRO Akero Therapeutics Inc AMLX Amylyx Pharmaceuticals Inc CPT Camden Ppty Trust CUBE CubeSmart GOF Guggenheim Strat Opp Fd JCI Johnson Controls Intl Plc LEG Leggett & Platt MASI Masimo Corp RPRX Royalty Pharma plc SJM Smucker (J.M.) SWKS Skyworks Solutions
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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