RSI2 Pullbacks for January 11 |
By Mean Reversion Trader |
Published
01/10/2024
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Stocks
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Unrated
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RSI2 Pullbacks for January 11
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
ADEA Adeia Inc BHP BHP Billiton Ltd ADR DINO HF Sinclair Corp GD General Dynamics Corp PARR Par Pacific Hldgs Inc PSX Phillips 66 SM SM Energy Co VALE VALE S.A.
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
BMEZ Blackrock Health Sciences SGH SMART Glbl Hldgs Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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