RSI2 Pullbacks for January 3 |
By Mean Reversion Trader |
Published
01/2/2024
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Stocks
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Unrated
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RSI2 Pullbacks for January 3
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
AAPL Apple Inc AKAM Akamai Technologies AMZN Amazon.com Inc CDNS Cadence Design Systems DDOG Datadog Inc FAST Fastenal Co FBIN Fortune Brands Innovations Inc GDDY GoDaddy Inc INFA Informatica Inc LOW Lowe's Cos, Inc NTAP NetApp Inc SNPS Synopsys Inc UDMY Udemy Inc VRT Vertiv Holdings W Wayfair 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
AZN Astrazeneca ADS BCE BCE Inc CLX Clorox Co CPB Campbell Soup DG Dollar General Corporation FE FirstEnergy Corp GIS Genl Mills HRL Hormel Foods Corp HSY The Hershey Co K Kellanova KMB Kimberly-Clark Corp KR Kroger Co MKC Mccormick & Co PEP Pepsico Inc PFE Pfizer Inc PRGO Perrigo Co plc SJM Smucker (J.M.) THS TreeHouse Foods Inc WEC WEC Energy Group Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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