RSI2 Pullbacks for January 5 |
By Mean Reversion Trader |
Published
01/4/2024
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Stocks
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Unrated
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RSI2 Pullbacks for January 5
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 BKR Baker Hughes a GE Co Cl A CLF Cleveland-Cliffs Inc CMCSA Comcast Cl A FL Foot Locker GPS Gap Inc MCHP Microchip Tech PATH UiPath Inc PINS Pinterest Inc QCOM Qualcomm Inc RITM Rithm Capital Corp RIVN Rivian Automotive, Inc. Class RKT Rocket Cos Inc RUN Sunrun Inc S SentinelOne Inc SQ Block Inc TSM Taiwan Semiconductor Mfg ADS
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
AMLX Amylyx Pharmaceuticals Inc BCE BCE Inc PNW Pinnacle West Cap Corp TAK Takeda Pharmaceutical Co Ltd UL Unilever PLC
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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