RSI2 Pullbacks for December 21 |
By Mean Reversion Trader |
Published
12/20/2023
|
Stocks
|
Unrated
|
|
RSI2 Pullbacks for December 21
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
ALL Allstate Corp UNH UnitedHealth Grp 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
RTO Rentokil Initial PLC ZBH Zimmer Biomet Hldgs Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
|