RSI2 Pullbacks for January 17 |
By Mean Reversion Trader |
Published
01/16/2024
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Stocks
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Unrated
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RSI2 Pullbacks for January 17
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
AXP American Express Co BAC Bank of America Corporation BHP BHP Billiton Ltd ADR BKE The Buckle Inc CCI Crown Castle Inc DD DuPont de Nemours Inc FCX Freeport-McMoRan Inc FHN First Horizon National Corp FNB FNB Corp (FL) ING ING Grp ADS KEY KeyCorp M Macy's, Inc. MS Morgan Stanley MSTR Microstrategy Inc'A' OZK Bank OZK REG Regency Centers RF Regions Finl Corporation SCHW Charles Schwab Corp USB US Bancorp WFC Wells Fargo & Company
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
NONE
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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