RSI2 Pullbacks for January 8 |
By Mean Reversion Trader |
Published
01/5/2024
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Stocks
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Unrated
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RSI2 Pullbacks for January 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
AAPL Apple Inc ACN Accenture PLC (Ireland) NEW AKAM Akamai Technologies AMAT Applied Materials AVDX AvidXchange Holdings, Inc. Com CDNS Cadence Design Systems CPRT Copart Inc EAT Brinker Intl Inc EXEL Exelixis Inc LYFT Lyft Inc NTAP NetApp Inc PANW Palo Alto Networks Inc RIVN Rivian Automotive, Inc. Class RUN Sunrun Inc SBRA Sabra Healthcare REIT, Inc. SNPS Synopsys Inc SQ Block Inc SYM Symbotic Inc UNP Union Pacific Corp YETI YETI Holdings 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
AMLX Amylyx Pharmaceuticals Inc BCE BCE Inc BTI British Amer Tobacco ADS PNW Pinnacle West Cap Corp TAK Takeda Pharmaceutical Co Ltd
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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