RSI2 Pullbacks for January 4 |
By Mean Reversion Trader |
Published
01/3/2024
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Stocks
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Unrated
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RSI2 Pullbacks for January 4
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 AMAT Applied Materials AMZN Amazon.com Inc AVTR Avantor Inc BA Boeing Co CCL Carnival Corp CLF Cleveland-Cliffs Inc CRM Salesforce Inc DKNG Draftkings Inc GPS Gap Inc JWN Nordstrom Inc KIM Kimco Realty Corp NCLH Norwegian Cruise Line Hldg PATH UiPath Inc PINS Pinterest Inc RIVN Rivian Automotive, Inc. Class RKT Rocket Cos Inc S SentinelOne Inc UBS UBS Grp Ag
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
ACGL Arch Cap Grp ATR AptarGrp Inc CNX Consol Energy Inc CTRA Coterra Energy Inc EG Everest Group Ltd GO Grocery Outlet Holding Corp HQY HealthEquity Inc KNSL Kinsale Cap Grp Inc MMC Marsh & McLennan Companies Inc MRO Marathon Oil Corp MUSA Murphy USA Inc PEG Pub Svc Enterprises Gr Incorp PXD Pioneer Natural Resources RNR RenaissanceRe Hldg SIGI Selective Insurance Gr UTHR United Therapeutics XOM Exxon Mobil
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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