RSI2 Pullbacks for December 8 |
By Mean Reversion Trader |
Published
12/7/2023
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Stocks
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Unrated
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RSI2 Pullbacks for December 8
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
ACGL Arch Cap Grp CEG Constellation Energy Corp CPRT Copart Inc FTI TechnipFMC plc LIN Linde PLC LZ LegalZoom.com, Inc. Common Sto PBR Petroleo Brasileiro S.A. ADR PXD Pioneer Natural Resources WFRD Weatherford Intl 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 BFH Bread Financial Holdings Inc CERT Certara Inc CUBE CubeSmart DEA Easterly Gov Pptys Inc JCI Johnson Controls Intl Plc LEG Leggett & Platt LUV Southwest Airlines Co NTST Netstreit Corp RPRX Royalty Pharma plc SJM Smucker (J.M.) SWKS Skyworks Solutions TNDM Tandem Diabetes Care Inc TSN Tyson Foods 'A'
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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